Monday, January 8, 2018

You can run from the economics but you cannot hide: Tim Horton's edition

On minimum wages in Ontario.

Who knew there were multiple dimensions to compensation?

Hat tip: Charlie Brown

Science on uncited publications

This Science article was linked to on MR a couple of months ago.

It makes a case that this is less of an issue than one might think. It is surely the case that influence is only imperfectly measured by citation counts, and that there may be types of systematic (as opposed to classical).

On the other hand, what the author does not emphasize is that a more important question is the fraction of research activity that would not pass an ex ante social cost-benefit test if the researcher's private incentives (e.g. getting tenure and/or raises) were omitted from the calculation. I suspect that there is quite a lot of such research.

Tuesday, January 2, 2018

Assorted links

1. An update on Farrell's Ice Cream Parlours. I would have kept a bit more nostalgia, but then I used to work there. Most of the other "new" locations have closed.

2. Adding restaurants to Barnes and Noble?

3. Innovation in breakfast cereal names.

4. A quintessential Ann Arbor headline.

Monday, January 1, 2018

Economists and politics

I really enjoyed this rant from John Cochrane regarding economists as public intellectuals and, more broadly, about how economists should engage with everyday partisan politics. I am always a bit astounded that any economist is willing to identify in any but the most grudging way with either of the major legacy parties.

Via MR.

Tuesday, November 21, 2017

Assorted links

1. On rumors of a Disney theme park land devoted to the villains.

2. Keynesian economic stimulus - white collar edition.

3. Some Germany humor.

4. The make-or-buy decision for restaurants.

Hat tip on #2 to Scott Wood and on #4 to BK

Tuesday, November 7, 2017

HCEO video interview with yours truly

This video interview is from last summer, when I was in Hyde Park for the Chicago version of the HCEO summer course. I am pleased with their editing job.

Sunday, November 5, 2017

Rating college football stadia

From the Thrillist website comes this "top 25" list of college football stadia (or stadiums if we must).

I have been to four of them:

No. 1. Rose Bowl - for actual Rose Bowls as opposed to UCLA home games. I am fine with its position on top of the list.

No. 3. Husky Stadium - that's where I have season tickets. I might have put it at #2 though I will confess that it I was surprised that it was higher on the list than Notre Dame stadium. I suppose it depends a lot on the relative weights on scenery versus history. They could have found a nicer picture so that you could see the mountains in the distance through the open end.

No. 6 Michigan Stadium a.k.a. the Big House. It is cool to be in a stadium with so many people - the Rose Bowl provides a similar experience in that regard. But damn the seats are uncomfortable: too narrow and no backs.

No. 7 Notre Dame Stadium. I've only been to one game here - thanks Bill! - but it is pretty amazing in terms of the history and football culture. Plus the other fans were remarkably friendly despite their team losing to Michigan at home.

I am sure that multiple visits to No. 12, Camp Randall at Wisconsin, are in my future.