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Monday, November 7, 2016 1:25
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  • TheMoneyIllusion » Did Trump reshape the GOP?
    It turns out that not just in Iowa, but in many other states the GOP has been gaining ground among less educated white voters, for some period of time.  I think it’s a mistake to suggest that Trump is drawing disaffected whites into the GOP, rather disaffected whites have been moving that way for years (Romney won West Virginia by 27%) and instead candidates are now popping up to reflect the new reality of the GOP—a white nationalist populist party.  It’s not just Hillary who thinks that half the GOP are deplorable, I’m pretty sure Jeb and Mitt feel the same way.
  • Two Words to End All Consideration of Voting for Trump – Bloomberg View
    Now we have Trump, who in addition to his other worrying character flaws, is apparently fascinated by the possibility of using nuclear weapons. He told John Dickerson that when it comes to their use, “You want to be unpredictable.” If those words do not terrify you, I suggest you think about them harder. A contender for the presidency has just suggested that the American electorate should not be able to tell what he will do with the power he is asking us to entrust to him.
  • A New One-Stop Shop for Finding Cheap Flights
    Like with Book With Matrix, the premise is simple: True to its name, All The Flight Deals collects all of the flight deals from many different flight deal websites. But, the service doesn’t stop there. Rather than just being a simple aggregator, the service validates with flight booking engines that the flights are actually bookable at this rate and, if so, on which dates the fares are available.
  • Unhypnotizing a Clinton Supporter | Scott Adams’ Blog
    Defending Trump.
  • How to use British Airways Avios for American Airlines flights |
    Best use of Avios: Los Angeles to Vancouver/Denver Los Angeles to Chicago/Atlanta/Mexico City Los Angeles to Anchorage/Hawaii/San Jose (Costa Rica)
  • CONVERSABLE ECONOMIST: Early Childhood Education: Promises and Practicalities
    The practical difficulty is that extrapolating these kinds of small-scale pilot program with a few dozen students up to to a city-wide programs, much less up to statewide or national programs, is an enormous leap, and the results have not always been encouraging. For example, I wrote a few years back that “Head Start is Failing Its Test” (January 29, 2013). Starting in 2002, a nationally representative sample of 5,000 students was randomly assigned to Head Start, or not. The study found that academic effects of being assigned had faded out by third grade, and there were also no meaningful effects in “cognitive, social-emotional, health and parenting practices.”
  • Gauging Big Firms’ Power Over Wages | Moody’s Analytics
    The CEA paper also recommends more unionization as a solution. While unions can be efficient in the face of monopsony power, increased unionization won’t necessarily occur at the employers with monopsony power. Indeed, the literature consistently shows that unionization decreases job growth at the firm level. This undermines the CEA’s conjecture that unions may deliver “even more efficient levels of employment.”
  • The CEA’s Mixed Thinking on Labor Market Monopsony, Part III, David Henderson | EconLog | Library of Economics and Liberty
    Debunking the CEA on the monopsy power.
  • The CEA’s Mixed Thinking on Labor Market Monopsony, Part IV, David Henderson | EconLog | Library of Economics and Liberty
    The CEA does not point out that there is a big difference between the typical woman who works full time and the typical man who works full time: years out of the labor force for women due mainly to child rearing. When economists look at women and men who have never been out of the labor force, and correct for occupation, etc., they find almost total equality of wages.


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