Isegoria » Economics

Prestigious universities encourage students to nurture their grievances, Rob Henderson explains (in Troubled), giving rise to a peculiar situation in which the most advantaged are the most well-e...

https://www.isegoria.net/2024/05/educate-yourself/

Before his first year of college, Rob Henderson had never even been to a musical, he explains (in Troubled): No one I knew from Red Bluff had ever been to one. But it seemed like everyone on camp...

https://www.isegoria.net/2024/05/once-a-piece-of-art-becomes-mainstream-elites-must-distance-themselves-from-it/

The smartphone industry’s research budget was around $150 billion in 2014, David Hambling notes (in Swarm Troopers), dwarfing the Pentagon’s entire R&D spend of around $60 billion: In aviatio...

https://www.isegoria.net/2024/03/the-pentagon-does-not-have-the-budget-to-create-anything-as-slick-and-sophisticated-as-the-latest-smartphone/

In 1984, Norman Augustine, former Under Secretary of the Army, and CEO of aerospace company Martin Marietta, published a set of “laws” about military procurement, David Hambling explains (in ...

https://www.isegoria.net/2024/03/the-cost-of-each-new-generation-of-military-aircraft-rises-exponentially/

Rob Henderson fills the first part of Troubled with stories from his childhood in foster care, until he gets adopted by a couple that gets divorced. Then his adopted Mom brings home a “friend�...

https://www.isegoria.net/2024/03/one-of-their-friends-was-firing-her-weapon-and-it-suddenly-jammed/

Mark Koyama notes that his most downloaded academic paper on SSRN is a yet to be published book chapter on the political economy of Frank Herbert’s Dune: We should first ask: do fictional unive...

https://www.isegoria.net/2024/03/life-without-a-state-is-dominated-by-custom/

Was science really the key to the Industrial Revolution? Most of the significant inventions of the Industrial Revolution were not undergirded by a deep scientific understanding, and their invento...

https://www.isegoria.net/2023/11/their-inventors-were-not-scientists/

When I recently revisited H.G. Wells’ The Time Machine and the 1960 movie, I noticed that Max also had Time After Time, a 1979 movie I enjoyed watching on TV as a kid, in which Wells builds a w...

https://www.isegoria.net/2023/11/time-after-time/

Productivity growth is some combination of literal technology and social technology, Byrne Hobart says: The former is pretty easy to understand: physical technologies from wheels and pulleys to R...

https://www.isegoria.net/2023/10/as-long-as-something-else-is-taking-off-when-another-technology-peaks-thats-tolerable/

From a monetary perspective, World War I never really ended once it began in 1914, Lyn Alden notes: In prior wars throughout history, wars had to be funded with savings or taxes or very slow deba...

https://www.isegoria.net/2023/10/from-a-monetary-perspective-world-war-i-never-really-ended/