The 19.5 Years Test — Ezra Klein – This is a critical point: What is the cost of doing nothing? Klein has quantified it, at least in terms of “time.” Also, read his sentences about our moral obligation; beautifully and passionately written.
How We Feel about Our Taxes — Russ Roberts – Ah, but this is only half the story. While almost everyone wants lower taxes, most people also want more liberal economic programs, like universal health care. Of course we all want something for nothing, but we can’t have our cake and eat it too. Someone has to pay the piper. (Did I cram enough cliches into this paragraph?)
Is High-Speed Rail a Good Public Investment? — Edward L. Glaeser – I will follow this series and link to Glaeser’s other posts as they become available. This is a sorely needed analysis for infrastructure that could be tremendously beneficial. I’m glad to see Glaeser speaking to the indirect benefits (for local economies, industries, etc), similar to the shortcoming I pointed out in cost-benefit analyses for Waxman-Markey. Glaeser is an excellent economist and should give the matter a fair, thorough analysis.
Imaginary Friends — Scientific American – Do our ever-increasing relationships with our televisions and other media devices come at the expense of our real interpersonal relationships? Are we developing an unhealthy relationship with technology?