Re: Economics and E.T.s

2003-08-22 Thread Robert A. Book
the basis for the principle in the first place? --Robert Book

Re: Economics and E.T.s

2003-08-22 Thread Robert A. Book
Right. It's another reason why I think there isn't any basis for it. Selection comes to mind. On uninhabited planets, sentient beings don't ponder this question. Quoting Robert A. Book [EMAIL PROTECTED]: On Thu, 21 Aug 2003, Bryan Caplan wrote: That seems to water down

Re: Why is local currency good or bad or neither?

2003-10-30 Thread Robert A. Book
Quoting john hull [EMAIL PROTECTED]: It seems that there are a number of schemes to create currencies, on top of extant national currencies, that will be accepted only locally. Under such a program, a unit of currency, let's call it a Local, will be created by a group in the

Re: Real wages constant since 1964?!

2003-12-02 Thread Robert A. Book
I'm sorry to bother you with this. I just looked up the time series for total private average hourly earnings, seasonally adjusted, in 1982 dollars on the BLS web site. It comes back that they've been more-or-less constant since 1964. I'm floored. Is this right, or am I doing something

Re: Oscar Political Business Cycle

2004-01-05 Thread Robert A. Book
Bryan Caplan [EMAIL PROTECTED]: The Political Business Cycle story has not fared well empirically in recent years (though Kevin Grier has done interesting work on Mexico's PBC). But it seems overwhelming in the Oscars. It seems like roughly half of the big nominees get released in December.

Re: spamonomics

2004-01-21 Thread Robert A. Book
In a message dated 1/21/04 3:34:42 PM, [EMAIL PROTECTED] writes: I was so ignorant, until last month I thought Paris Hilton was a hotel in France ;-) Paris Hilton is both a hotel in France AND desert topping! (from an old Saturday Night Live skit it's both a floor wax AND a desert

Re: Bank Closings

2004-02-29 Thread Robert A. Book
Why do banks close at noon on Saturday? Almost any bank I have ever been a member of has been closed on Sunday and closes at 12 on Saturday, sometimes turning away customers who are waiting in an ungodly line outside the store in order to cash or deposit their checks before the bank closes.

Re: new paper

2004-03-11 Thread Robert A. Book
As a neutral party who's not mentioned in the acknowledgements and has never even met Bryan, I highly recommend this paper. It's fascinating! --Robert My new paper on the economics of mental illness, entitled The Economics of Szasz can now be downloaded from my webpage at:

Re: insanity vs. irrationality

2004-03-24 Thread Robert A. Book
On Mar 24, 2004, at 8:33 AM, Wei Dai wrote The paper makes the point that what psychology views as mental diseases in many cases can be interpreted simply as extreme or unusual preferences, and in those cases involuntary psychiatric treatment can not be justified as a benefit for the

Re: lotteries and elections

2004-08-31 Thread Robert A. Book
Dimitriy V. Masterov writes: If my memory serves me, when no one has a winning ticket, the pot gets rolled over to the next round. When you have several large states that run a joint lottery, the sum can get really enormous when this happens, so that the expected gain is positive even with a

Re: Nobels

2004-09-22 Thread Robert A. Book
http://www.nobelpreisboerse.de/stocks.aspx?stc=6 A fun-money stock market in economics nobel prize winners. Barro's currently in the lead, followed by Krugman, Prescott, Williamson, and Fama. I'm keeping my fingers crossed that my stock in Tullock pays off Krugman? Egads

Re: Cost-plus financing

2004-10-11 Thread Robert A. Book
On Mon, 11 Oct 2004, Robert A. Book wrote: What, no postings on the Nobel Prize? Is this list still functioning? ;-) We are all still in mourning for Tullock's yet again having been passed over by the Committee. Please, leave us in our grief. Eric How 'bout if I join you instead

Re: another use for idea futures (fwd)

2004-10-20 Thread Robert A. Book
On Wed, Oct 20, 2004 at 02:13:23AM -0400, Robert A. Book wrote: I think what you want is the Banzhaf Power Index, developed by Banzhaf (surprise!) in the 1960s. I forwarded your post to a friend of mine who's done some work on this, and discovered he's giving a talk on this very topic

Re: Now Bush to win 1.5:1

2004-11-03 Thread Robert A. Book
At 5:33 EST Robin wrote: Tradesports, IEM, Betfair give Kerry a 71 to 74% chance to win. At 10:02 EST, Robin wrote: Tradesports now gives Bush a 62% of winning. Doesn't this big swing undermine the theory that markets are consistently good predictors of elections? --Robert Book [EMAIL

Re: Krugman on Rep and Dem virtue

2004-11-06 Thread Robert A. Book
Oh, I see that Mass doesn't have even one Republican county! I likewise see that Oklahoma (where the wind goes sweeping down the lane) and Utah don't have even one Democratic county. David You could use the percentage vote for each candidate in each county in those states. Actually it

Re: personal finances survey

2004-11-12 Thread Robert A. Book
In a message dated 11/12/04 1:42:43 PM, [EMAIL PROTECTED] writes: What's up with question 32? 52% male and 52% female? Well maybe 4 percent of them were hermaphrodites. I see that at the university where I'm teaching (NOT GMU) they're having a seminar on people who aren't 100% male or

Re: Regulating Positional Goods

2004-12-02 Thread Robert A. Book
height. --Robert Book

Re: Arthur Laffer

2005-02-07 Thread Robert A. Book
In a message dated 2/7/05 11:46:21 PM, [EMAIL PROTECTED] writes: There's an interesting (to me, anyway) interview with Arthur Laffer here: http://pittsburghlive.com/x/tribune-review/opinion/columnists/steigerwald/s_3 00457.html --Robert Oh, thank goodness! When I saw the

Re: senior discounts

2005-02-08 Thread Robert A. Book
Robert A. Book wrote: First, for off-peak movies and the like, the idea is to fill the seats that would otherwise go empty; in other words, convince the seniors to see movies int he afternoon, so seats are available for full-price customers at night. . . . So why do movie theaters

Re: Exogenous Policy

2005-02-16 Thread Robert A. Book
should always vote based on their current short-term self-interest, without regard to what situations they may otherwise find, or have found themselves in, let alone what they might believe is right morally? What counterfactual are you imagining here? --Robert Book [EMAIL PROTECTED]

Re: Laffer Curve

2005-04-20 Thread Robert A. Book
? And isn't this a problem since, for example, you can't supply more than 24 hours of labor per day per person? --Robert Book [EMAIL PROTECTED]

Re: Laffer Curve (fwd)

2005-04-29 Thread Robert A. Book
a 10% tax. See http://differentriver.com/archives/2005/01/28/call-it-the-botax/ and http://www.fee.org/vnews.php?nid=2842 --Robert Book [EMAIL PROTECTED]

Re: paid parking a market failure?

2005-10-14 Thread Robert A. Book
corresponding to lower demand functions.) --Robert Book [EMAIL PROTECTED] Fred Foldvary wrote: 1. Is it the case that if the government offers street parking, given that the marginal cost of one more parked car is zero, the efficient charge is zero when uncongested and when congested

Re: paid parking a market failure?

2005-10-14 Thread Robert A. Book
to be turned away? Or some person who parked in the middle when there were plenty of empty spaces, but values the space at less than the first person turned away? --Robert Book [EMAIL PROTECTED]

Re: paid parking a market failure?

2005-10-14 Thread Robert A. Book
the opposite. --Robert Book [EMAIL PROTECTED]

Re: paid parking a market failure?

2005-10-15 Thread Robert A. Book
--- Robert A. Book [EMAIL PROTECTED] 5 cars come at 1pm and SIX cars at 2pm. During that time, charge just high enough so that all who want to park, can. The last car in does get a space, if he is willing to pay. between. But there's another possible outcome -- everyone races

Re: Historic districts

2005-11-27 Thread Robert A. Book
, the most promising of which were those below. --Robert Book Asabere, Paul K., Forrest E. Huffman, and Seyed Mehdian. 1994. The adverse impacts of local historic designation: The case of small apartment buildings in philadelphia. Journal of Real Estate Finance and Economics 8, (3) (May 1994): 225-234