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.