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Tim Harford: We are still waiting for the robot revolution. More on the lessons of the ATM machine. In the same vein as Tyler Cowen’s Bloomberg column yesterday. This is getting to be a trend.
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Diane Coyle: Economics for a Moral End. Nice review of Ian Kumekawa’s The First Serious Optimist: A. C. Pigou and the Birth of Welfare Economics. Pigou’s misfortune was that he was eclipsed by Keynes, and so undeservedly forgotten.
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Simon Wren-Lewis: Why Owen Jones is wrong about Brexit. Terrific post, taking down the arguments of the emerging ‘re-leaver’ lobby. I particularly like this: “It is an utterly defeatist argument: we must let people harm themselves because only then might they learn that they were mistaken in what they wanted. A much more progressive policy is to persuade people they are wrong.”
Daily Archives: July 29, 2017
Quote of the Day
“When a measure becomes a target, it ceases to be a good measure”.
Charles Goodhart