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Adam Ozimek draws from the recent study showing that large retailers pay their workers more, on average, than do smaller retailers a relevant lesson about minimum-wage legislation.  (HT Tyler Cowen)  A slice: If monopsony power is an important feat X



How The Right Type of Materialism Can Make You Happy
All products were not created equal: some can even make you happy, new psychological research finds.Dr Jeremy Dean is a psychologist and author of PsyBlog. His latest book is X



Quotation of the Day…
… is from page 187 of Matt Ridley’s 2010 volume, The Rational Optimist (link added): Trade, says Johan Norberg, is like a machine that turns potatoes into computers, or anything into anything: who would not want to have such a machine at their d X



Peace Corps, Gateway to the Travel Bug: On the Road with Michelle and Jedd Chang
I first heard about Jedd & Michelle through a blog submission... but then I got the chance to work with them at WDS this summer. They were two of our most reliable and hard-working ambassadors (volunteers), and I loved hearing their story of serv X



Aggressive discussion
I’m a MA student in an area of philosophy where there’re less women. I have a somewhat aggressive personality so I don’t find it too bothersome when I find myself in what might have been sexist situations. However, I sometimes obser X



Choeung Ek Genocidal Center, Phnom Penh, Cambodia
Note: Today’s post goes into detail about the brutality of the Khmer Rouge, and specifically what happened at the Killing Fields. There are also images of human remains (mostly bones and skulls) towards the end. I just wanted to let you know be X



Fossil Insects – Book Review
The Bugs that Plagued the Dinosaurs Palaeoentomology, this term may not trip off the tongue but bear with us, for thanks to an amazing new book published at the end of this month, a window into an as yet little explored prehistoric world has just bee X



Joshua Wright, Martin Gaynor and Past FTC Officials to Speak at ICLE Event on Apple and Amazon Cases
The Federal Trade Commission’s recent enforcement actions against Amazon and Apple raise important questions about the FTC’s consumer protection practices, especially its use of economics. How does the Commission weigh the costs and benefits of i X



Gardens, Not Graves
The stream—that great glut of ideas, opinions, updates, and ephemera that pours through us every day—is the dominant way we organize content. It makes sense; the stream’s popularity springs from the days of the early social web, when a huge X



Does monetary policy explain the British jobs recovery?
There’s been a lot of discussion of the disconnect between British output (which has done poorly over the past 6 years), and total employment, which is reaching new records, and is even at near record levels as a percentage of the population. X





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