Imperfect Information

This post is long overdue.
About a year ago, I copied over all posts from here to Substack, and have been publishing occasional posts there ever since. Although Substack is being used by many writers as a subscription-based service, it can also be used as an old-fashioned blog...

As the COVID-19 virus tears through our bodies and our economy, policy makers are struggling to come up with a response that is bold enough to meet the challenge.
Public health officials have urged us to adopt social distancing and other preventive measures, and to self-quarantine once exposed. Airlines have suspended routes, sports leagues have cancelled seasons, universities have moved classes online, and mayors...

On Wednesday, October 30 there was an extraordinary conference at the Schomburg Center, marking the 75th anniversary of Gunnar Myrdal's American Dilemma. The conference was conceived and organized by Alondra Nelson and Dan O'Flaherty, and video of the...

Well, it's Labor Day weekend, which means that Barnard and Columbia students are back on campus and classes are about to begin. This semester I'm teaching a seminar based on a book I'm writing with Dan O'Flaherty, and... Introduction to Economic Reasoning...