Going forward, all of the content here will also be posted at https://goodoptics.substack.com/ The substack subscribe feature is much easier to use. I will continue to post on wordpress for the time being.

A friend recommended Tyler Cowen and Alex Tabarrok’s introductory economics textbook, Modern Principles of Economics, to me. It’s been almost ten years since I took an economics class, so I decided to take a look. I think I have noticed an exception to the law of comparative advantage as it is presented by that book.  … Continue reading "Fun with comparative advantage"

If technological progress continues, AI will eventually be able to replace all human labor. What will happen next?: (1) One much discussed possibility is that the AIs will forcibly take control from humans, perhaps killing them or perhaps just pushing them aside and running the world without significant human input. This scenario is often thought … Continue reading "Welfare State Futurism"