Recent content by WillJ

What are some ways of operationalizing the concept of search costs (in the labor market)? I'm doing some research on unemployment in South Africa, and I'm trying to estimate search costs in different regions of the country (that's not the main part of my research, just a small part of it), and...

Yeah, makes sense. Thanks.

You got an answer to my question on post #118? I'm dying to know for my research paper! (No pressure... ;)) That's enough to be missing, isn't it? :lol: But one extra thing you're missing is the rise of Ireland (the "Celtic Tiger").

Guys, there's still validity in comparing these things without reference to GDP. The point is that if today we had to choose between all the bailouts, versus having another Marshall Plan, Louisiana Purchase, race to the moon, S&L Crisis, Korean War, New Deal, invasion of Iraq, Vietnam War, and...

If you really love math in all its beauty, and want to really challenge yourself, there's no better book than Spivak's Calculus, whose philosophy is that calculus should be the first place where students are introduced to rigor in mathematics, not the last place where they avoid it. (Be sure to...

Here’s a quote from Card and Krueger's famous 1994 paper: An alternative to the conventional competitive model is one in which firms are price-takers in the product market but have some degree of market power in the labor market. If fast-food stores face an upward- sloping labor-supply...

Vandy > Auburn VANDY, VANDY, OH HELL YEAH

Indeed. It's important to distinguish between base pleasures, which are nice on a day-to-day basis but don't bring lasting fulfillment, and the deeper type of happiness that comes from having lived the life one really wanted to live. Intelligence and knowledge are the main things that give us...

Unlike what everyone here seems to think, it had nothing to do with geography, and had everything to do with the fact that Native American women were hotter than African women.

Indeed, if only Bush were as good a president as him. ;)

It's not the easiest choice in the world, but I think I'd go with B. But that's partly because I'm a guy; I'm not sure what I'd choose if I were a girl. I think this question becomes more interesting (especially for the CFC crowd, which is skewed toward intelligence) if you modify it a bit...

Since I'm heterosexual, no. I just straighten the blankets before going to bed.

My main beef with Obama's views (at least the NYT's presentation of them) is not enough focus on education, which is the ONE and ONLY (yes, only) ultimate cause of the jump in income inequality and stagnation of wages toward the bottom. Take this, for example: And a while ago the identity of...

That 8-page article was more informative than most 300-page books. :goodjob:

It seems plausible to place GWB among the worst five presidents.