Saturday , May 30 2020
Home / Miles Kimball
The author Miles Kimball
Miles Kimball
Miles Kimball is Professor of Economics and Survey Research at the University of Michigan. Politically, Miles is an independent who grew up in an apolitical family. He holds many strong opinions—open to revision in response to cogent arguments—that do not line up neatly with either the Republican or Democratic Party.

Miles Kimball

Eli Dourado and James Pethokoukis: How to Make America Innovate Again

To many, it seems as though America has failed to live up to its potential over the past several decades, with far less to show for its innovative efforts than one might have expected a half century ago. But the future is brimming with possibilities, and, at the very least, the COVID-19 pandemic has signaled that “It’s time to build,” as one observer recently put it. To explore why America has failed to “build” in the past — and how it may reprioritize innovation going forward — I’m...

Read More »

On Human Potential

Today is the 8th anniversary of this blog, "Confessions of a Supply-Side Liberal." My first post, "What is a Supply-Side Liberal?" appeared on May 28, 2012. I have written an anniversary post every year since then:A Year in the Life of a Supply-Side LiberalThree RevolutionsBeaconsWhy I BlogMy Objective FunctionA Barycentric AutobiographyCrafting...

Read More »

Epidemiologist Marc Lipsitch on the Pandemic

TranscriptTable of ContentsRob’s intro [00:00:00]Robert Wiblin: Hi listeners, this is the 80,000 Hours Podcast, where each week we have an unusually in-depth conversation about one of the world’s most pressing problems and how you can use your career to solve it. I’m Rob Wiblin, Director of Research at 80,000 Hours.Professor Marc Lipsitch is a world-famous expert on emerging contagious diseases, including COVID-19, and is among the most-read epidemiologists on Twitter.He’s getting a tonne of...

Read More »

Econolimerick #3

“When the scales that you balance are general,All of animal, vegetable and mineral,If but one’s out of whack,You’ll mess up the whole pack,And your trust may become quite ephemeral.” For the economics behind this limerick, see:Don’t miss my other econolimericks:

Read More »

Christian Kimball: Doubting Thomas

I am pleased to have another guest post on religion from my brother Chris. You can see other guest posts by Chris listed at the bottom of this post. Doubting ThomasThe Octave Day of Easter or Sunday after Easter is variously called White Sunday, Renewal Sunday, Low Sunday (Anglican; 20th century Roman Catholic), Divine Mercy Sunday (21st century...

Read More »

4 Types of Heterogeneity that Offer a Bit of Extra Hope for Keeping the Pandemic Under Control without Blanket Lockdowns

Yesterday, in “On the Herd Immunity Strategy” I wrote:Before we have a vaccine for COVID-19, there are three alternatives to lockdowns: Massive testing (where tracing can substitute to some extent for number of tests)—see for example “Seconding Paul Romer's Proposal of Universal, Frequent Testing as a Way Out”Treatment improvements—for example, it...

Read More »

On the Herd Immunity Strategy

Before we have a vaccine for COVID-19, there are three alternatives to lockdowns: Massive testing (where tracing can substitute to some extent for number of tests)—see for example “Seconding Paul Romer's Proposal of Universal, Frequent Testing as a Way Out”Treatment improvements—for example, it is possible the monoclonal antibodies might work really wellHerd...

Read More »

Jerome Powell on How Money is Created

Link to the tweet shown abovePelley: Fair to say you simply flooded the system with money?Powell: Yes. We did. That’s another way to think about it. We did. Pelley: Where does it come from? Do you just print it?Powell: We print it digitally. So as a central bank, we have the ability to create money digitally. And we do that by buying Treasury Bills or bonds or other government guaranteed securities. And that actually increases the supply of money. We also print actual currency and we...

Read More »