Magnitude Matters

In business cost per unit may be the ultimate metric. Accountants focus on in decreasing the numerator. Marketers focus on increasing the de...

We mostly all agree on the premises: Progress comes through experimentation. Most experiments fail. We mostly all disagree on the conclusion...

I know you want to do good, and I know you want to think that wanting to do good combined with doing something results in doing good. Unfort...

It is not because it brings about better outcomes for the best. It is because it is the most reliable method for bringing about better outco...

L et's compare two general methods of improvement:  Truncating the left tail so as to eliminate the undesired portion of the distributio...

Lasting intellectual, legal, and cultural progress comes by working with ideological opponents rather than despite them. As good as it might...

I hate having to do this, but I feel it is necessary to add to my list of the   low-hanging fruit of public policy where 90% solutions (imp...

I've speculated on this before , as have others. As we sit anxiously awaiting a new year so as to put the current one behind us, this th...

To truly help those suffering from poverty (poverty of justice, poverty of spirit, poverty of options, poverty of opportunity, poverty of co...

What’s great about this country is that America started the tradition where the richest consumers buy essentially the same things as the poo...

Is Alexandria Ocasio-Cortez (AOC) simply way ahead of her time ?  If someone came back from the future to tell us that in her time (ou...

These are addenda to The Big Five .  While The Big Five were largely federal issues, these (2/3) are largely state and local issues. Su...

This recent Scott Sumner post got me thinking about a truism I like to follow:  Don't let the ideal be the enemy of improvement -...

Partial list of serious problems where too many of us are unreasonably unwilling to accept the clearly best solutions*:  Climate change...

Before we can understand why Dracula is so rich, we need to understand why investments make money at all. Why isn't the current price ...

This links post is comprised of several items I believe are linked together in theme or subject matter. See what you think... First Don Bo...

There may not be another area of public policy where the distinction is greater between how non-economists (the general public, politicians,...

We continue catching up on links with three on economics. Every one of these contains a large degree of counter-conventional wisdom. Somethi...

Been travelling, so been behind. Some links to begin the catch up: A podcast about when a teenage founder of a fictional company gets bou...

Terry Anderson is thinking sensibly about climate change. (HT: Don Boudreaux) Speaking of Don Boudreaux, he has a fantastic new series of...