ECONOMY

ECONOMY

Creative Destruction in a Nutshell

A good figure from the Nobel Prize Foundation’s Scientific Background to the Mokyr, Aghion and Howitt Nobel. The figure shows that firm exit rates and job destruction rates are positively correlated with growth in labor productivity; creative destruction in a...

ECONOMY

The ai Boom

The tiny country of Anguilla (pop 15,000) has an official country top-level domain code for the internet of .ai. Domain...

ECONOMY

AI and the FDA

Dean Ball has an excellent survey of the AI landscape and policy that includes this: The speed of drug development...

ECONOMY

Is it the phones?

Or perhaps we should just credit Sydney Sweeney?  That is from Chris Said. The post Is it the phones? appeared...

ECONOMY

The British War on Slavery

In August of 1833 the British passed legislation abolishing slavery within the British Empire and putting more than 800,000 enslaved...

ECONOMY

Housing 101

John Arnold points us to this table on new apartments and pointedly notes that the population of LA (18.5 m)...

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