The Declining Cost of Adam Smith
Last week I had the opportunity to see (and touch!) some first edition copies of Adam Smith’s books, including The Wealth of Nations and The Theory of Moral Sentiments. For an economist, of course this was a very cool experience. The books from the Remnant Trust were still in great condition, despite people like me…
Autism Is Largely Genetic (Not Environmental)
Autism is a condition that can cause enormous anxiety and grief, especially for parents of autistic children. The economic implications are also considerable. A 2021 study by Blaxill, et al., estimated the annual costs to society of autism in the U.S. to be $223 billion in 2020, $589 billion in 2030, $1.36 trillion in 2040,…
How to retain your worst employees, US Army edition
I almost titled this article “The dumbest auction I’ve ever heard of”, but I want to be careful, just in case I fundamentally don’t understand the auction the US army is creating for it’s warrant officers. Under the new program, called the Warrant Officer Retention Bonus Auction, eligible warrant officers will submit confidential bids for…
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Economist Writing Every Day 