Blog Detail
Freedom, Justice, and Economics
http://blogs.law.harvard.edu/jjjj
The fundamental philosophical tension in the political sphere is between the great ideals of freedom and justice. The science of economics helps us to understand the net benefits, situation-by-situation, when these ideals conflict. Contained here are mostly analyses of and comments on policy possibilities, by an economist, for everyone.
Recent Posts
Turns of phrase
A couple recent gems: “Socialized firefighting” “Water off a duck’s back” ...
Financial Product Safety Commission notes and sources
Elizabeth Warren originally promulgated the idea with a Summer, 2007, essay in Democracy: A Journal of Ideas titled “Unsafe at Any Rate”. A bill establishing a Financial Product Safety Commission has been introduced in Congress as H.R.17...
Data initiatives
A recent few with varying degrees of promise and accomplishment, but all of interest: http://resource.org/ — and especially the PACER data in connection with http://www.recapthelaw.org/ http://www.wolframalpha.com/ — swank on science, an...
Prognostication
… is the often art of the prophet and the fool. Nevertheless, I’ll dare to go ahead and describe what I expect will be, a decade hence, two consensus views about economic policy during the past tumultuous year. First, people will believ...
Making predictions using credit card data
The biggest surprise to me in this article in Sunday’s Times, about how lenders use meticulous information about purchasing patterns to forecast default, is that the article treats this as a surprise. Data on what we do is valuable to firms, ...

