The Allocative Cost of War
Why is war so economically costly? Our answer is that modern war lowers output not only by destroying productive factors, but also by making the surviving economy work less efficiently.…
Why is war so economically costly? Our answer is that modern war lowers output not only by destroying productive factors, but also by making the surviving economy work less efficiently.…
1. Some Princeton philosophers are converting to Catholicism. 2. New Ada Palmer podcast. 3. Nice statement of how intelligence is overrated in the AI debates. 4. Joshua Rothman on the…
A key U.S. government report on mental health, substance use and addiction showed continued improvements in several metrics, especially among young people. There was some uncertainty about the future of…
You will find it here, with transcript. The post My AI podcast with James Pethokoukis appeared first on Marginal REVOLUTION. #podcast #James #Pethokoukis
Markets do respond to AGI news – Marginal REVOLUTION Thank-you! You’ve been successfully added to the Marginal Revolution email subscription list. Here is the link. #Markets #respond #AGI #news
Here is the link, here is the end bit: Who is the most important thinker of our time? It’s not about individual thinkers any more. It’s about the internet as…
1. On India’s new gdp statistics. 2. Reasons why robotics are hard. 3. On 20th century music. 4. Is the inflation picture shifting? (correct link) 5. The importance of nuclear…
By Anton Korinek, Charles I. Jones, Szymon Sacher, Tess Cotter, and Peter McCrory, a strong line-up from Anthropic. They are sober, reasoned, scientific, and (for the most part) dynamically consistent. …
The IMF dropped the lead candidate to become its new chief economist at the eleventh hour after he was found to have made critical remarks about the Trump administration’s economic…
Here is the audio, video, and transcript. Here is part of the episode summary: So which leaders do make a difference? Tyler and Jared debate that question, including conditions what a religious founder needs to succeed,…