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Adventures in the Rental Market
A few years ago, I was driving a Hertz rental car at about 25 mph in a residential neighborhood when the rear-view mirror suddenly flew off and hit me in the face. I came within inches of hitting a...
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Math, the Universe, and Ethan Siegel
Ethan Siegel, writing in Forbes, concludes that No, the Universe is Not Purely Mathematical in Nature. His argument, unless I’ve badly misunderstood him, is that many purely mathematical models of the...
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How to Be Right
If you are in the vicinity of the University of Rochester this Wednesday (March 15), you have an opportunity to hear Martin Cox, the director of the John Locke Institute, talking about “How to Be...
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ChatGPT fails economics
I am pleased (I think) to announce that I have just submitted to ChatGPT an exam, consisting entirely of questions taken from recent final exams in my sophomore-level intermediate economics class, and...
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GPT-4 Fails Economics
Edit: Here is a new and improved version of the post below. I am leaving the original up for historical reasons, but I recommend following the link instead of reading this post. *****************...
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How Economics Can Make You a Better Athlete and A Better Sports Fan
If you are in the vicinity of the University of Rochester tomorrow, check it out:
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Done!
I believe I am now caught up on replying to the many comments on my post about Chat-GPT4 failing my economics exam. My responses are quite out of order, but are labeled with the numbers of the posts I...
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The Fabric of Civilization
If you are in the vicinity of the University of Rochester this Thursday, please join us:
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Human Action
Not all podcasts are fun (for either the guests or the viewers) but in my experience all podcasts hosted by Bob Murphy are fun for all involved. You can see the latest here or on YouTube:
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A Chance to Do Some Good
I know very little about Asa Hutchinson (ex-governor or Arkansas, current candidate for president) but I’ve heard him on the radio a few times and he seems worth listening to. I’ve heard him speak...
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Game Theory
Recognizing that I know no more about politics than most of you, and that I have no notable record as a political prognosticator, here is my prediction, as of about a half hour before the second...
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Economic Catastrophes
If you’re in the vicinity of the University of Rochester Thursday evening at 5PM (that is, November 9, which is likely to be the date on which you’re reading this), please drop by Meliora 203 for a...
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Pandemic Policy
If you’re in the vicinity of the University of Rochester this Thursday (November 16), check this out:
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How I Spent My Saturday — A Geeky Puzzle
I feel like I should record this, on the off-chance that it will save someone else from spending 18 hours glued to a computer screen missing the obvious. It will be of very limited interest. Actually,...
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How to Organize a Waiting Line
I am just back from the G4G conference in Atlanta, where I gave a six-minute talk on how to organize a waiting line. The video of the actual talk will appear on the web eventually, but in the meantime,...
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Lead Exposure and Criminal Behavior
If you’re in the vicinity of the University of Rochester this Tuesday, please join us: Title: Lead Exposure and Crime Presenter: Kevin Schnepel on 3/19 at 5pm in Goergen 101 Description: Early-life...
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Specialized Markets
The death last week of the pathbreaking comic book artist Trina Robbins reminded me of an odd bit of history. Before she was a cartoonist, Robbins owned and operated a Lower East Side boutique called...
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The Tenth Time’s A Charm
I am delighted to announce that the 10th edition of my textbook, Price Theory and Applications, is now available wherever good books are sold. There’s also a free sample chapter. Here’s what’s special...
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Abortion and Public Policy
My essay on abortion and public policy has appeared in the Summer 2024 issue of the Independent Review, where it will gestate for nine months behind a paywall. In the meantime, here is a late draft,...
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The Next Democratic President
The Democrats keep telling us that Donald Trump poses a unique threat to democracy and global stability, so that even if you are disagree with almost all of their policies, you should still vote for...
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