Digital Public Goods

Precisely how does the online world provide public goods? That is the question for this column. Public goods in the digital world contain some of the same features as those in the offline world. Yet, there are some key differences in the boundaries between public and private, and that shapes what arises and what does …

Clearer bar charts

When I look at economics papers and reports, the graphical presentations have hardly changed. This is despite a sizeable change in the tools available to us to provide clearer graphs. To illustrate what I mean take a look at this animated gif presentation. It is very compelling.

Coasian thinking

Ronald Coase passed away yesterday. In his 102 years, he had an extraordinarily widespread impact on economics; especially its interactions with legal thinking. There is much discussion today about his contributions; in particular, was the Coase Theorem really a theorem and the Coase conjecture ever proved. But, in so many respects, those discussions miss the …