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Second Principles | Economics, politics, and social commentary

Economics, politics, and social commentary

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Second Principles | Economics, politics, and social commentary | secondprinciples.wordpress.com Reviews

https://secondprinciples.wordpress.com

Economics, politics, and social commentary

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November | 2010 | Second Principles

https://secondprinciples.wordpress.com/2010/11

Economics, politics, and social commentary. Archive for November 2010. Economies seek balance: the policy question is how it will be achieved. Leave a comment ». November 28, 2010 at 9:22 pm. Finance is the handmaiden of economics, not the lord of the manor. Leave a comment ». Read the rest of this entry ». November 2, 2010 at 6:40 pm. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Blog at WordPress.com. Blog at WordPress.com. Send to Email Address.

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Review of “The Cost Disease: Why Computers Get Cheaper and Health Care Doesn’t”, by William Baumol, 2012 | Second Principles

https://secondprinciples.wordpress.com/2012/10/04/review-of-the-cost-disease-why-computers-get-cheaper-and-health-care-doesnt-by-william-baumol-2012

Economics, politics, and social commentary. Review of “The Cost Disease: Why Computers Get Cheaper and Health Care Doesn’t”, by William Baumol, 2012. Leave a comment ». In “An incurable disease” (The Economist, September 29th 2012) the argument is made that we have two parts to an economy and that this difference explains why health care and education are getting so much more expensive. There seem to be multiple flaws to the argument:. The argument also assumes that the size of the economy is fixed such ...

3

September | 2010 | Second Principles

https://secondprinciples.wordpress.com/2010/09

Economics, politics, and social commentary. Archive for September 2010. Economic systems and justice. Leave a comment ». Many people argue that whatever outcomes the market produces are just. This begs many important questions. What is justice? If we say that the market produces justice are we making a testable claim in which the market and justice are independent variables, or are we defining justice in terms of market outcomes? Read the rest of this entry ». September 25, 2010 at 11:16 am.

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Economic statistics: the tyranny of the average | Second Principles

https://secondprinciples.wordpress.com/2011/01/06/economic-statistics-the-tyranny-of-the-average

Economics, politics, and social commentary. Economic statistics: the tyranny of the average. Leave a comment ». This post is about the misleading nature of economic statistics and how such misleading statistics affect policy. Terms such as. Rate do worse than simplify what’s happening in our economy: they distort what is actually occurring. Normal distribution with centered mean. Figure copied from http:/ hawaii.hawaii.edu/math/Courses/Math100/Chapter4/Notes/G3/NormalCurve.png. In this bimodal distributi...

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About | Second Principles

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Economics, politics, and social commentary. I started with the idea of working ideas from First Principles. However, I also thought this might get a little tedious. Plus, the name was already in use. Therefore, I’ll work from Second Principles and try to make clear any assumptions that I’m making. I look forward to commentary and feedback that helps me create a better site and leads to meaningful discussion in which ideas are fully explored. September 25, 2010 at 12:48 pm. Blog at WordPress.com.

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Second Principles | Economics, politics, and social commentary

Economics, politics, and social commentary. Review of “The Cost Disease: Why Computers Get Cheaper and Health Care Doesn’t”, by William Baumol, 2012. Leave a comment ». In “An incurable disease” (The Economist, September 29th 2012) the argument is made that we have two parts to an economy and that this difference explains why health care and education are getting so much more expensive. Read the rest of this entry ». October 4, 2012 at 5:28 pm. Economic statistics: the tyranny of the average. This post i...

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