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political economy pandemic response

The Political Economy of the US Pandemic Response

By / / , , / 92 minute read / Research
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In this essay, written from a broad economics perspective that incorporates an understanding of incentives, institutions, information, and power, we address the following three broad questions: (1) What were the roles and responsibilities of our institutions when faced with a threat like Covid? (2) What were the costs and benefits of the response that transpired? (3) What is the need and potential for institutional and social reform?

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The Rise and Fall of Scientific Journals and a Way Forward

The Rise and Fall of Scientific Journals and a Way Forward

By / / , / 17 minute read / Articles
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Scientific journals have had enormous positive impact on the development of science, but in some ways, they are now hampering rather than enhancing open scientific discourse. After reviewing the history and current problems with journals, a new academic publishing model is proposed.

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Tidal Waves Don't Discriminate

Tidal Waves Don’t Discriminate

By / / , , / 21 minute read / Articles
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Tidal waves don’t discriminate between those who believe in them, and those who don’t. A wave of censorship and government controls is building, fueled by fears about another pandemic, or climate change, or whatever “emergency” can be exploited to justify government power grabs. The only thing that will stop the censorship and control from washing over everyone, is enlightened people who refuse to be swept up, and who work together to push back.

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bias

Healthy Vaccinee Bias: Letter to the Editor of The Lancet Regional Health – Europe

By / / / 4 minute read / Articles
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I could have submitted this letter to you, as usually done, and published it here, if rejected. However, I had tried to submit letters three times before and decided to reverse the order this time. Incidentally, my second rejected letter was submitted to The Lancet, and the point I have made there about residual confounding bias was recently exposed (by others) in a letter to the editor of The New England Journal of Medicine.

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vaccine efficacy

The Final Brick in the Vaccine Efficacy Narrative

By / / / 10 minute read / Articles
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Two key bricks seem to have already fallen from the COVID vaccines’ narrative – the one about their fantastic efficacy against infections and the one about their superb safety. However, one stubborn narrative brick seems to stand still, leading many people to believe that the booster doses of the vaccines are capable of providing long-term protection against severe illness and deaths (despite their failure to protect against infections).  

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stakeholder capitalism

Stakeholder Capitalism is an Oxymoron

By / / , / 7 minute read / Articles
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Stakeholder capitalism inevitably creates a tyranny of minorities, and especially highly ideological minorities (because a shared ideology reduces the cost of organizing). Minority stakeholders will succeed in expropriating majority ones. Minority tyranny is the big problem with democratic politics. Extending it to vast swathes of economic life is a nightmare. 

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