Tweet [1]
My GMU colleagues and students – in this case, Dan Klein, Xiaofei (Sophia) Pan, Dan Houser, and Gonzalo Schwarz – do excellent and interesting and relevant research [2]. Here’s the abstract:
The idea of political community is appealing on a gut-level. Hayek suggested that certain genes and instincts still dispose us toward the ethos and mentality of the hunter-gatherer band, and that modern forms of political collectivism have, in part, been atavistic reassertions of such tendencies. Picking up on Hayek, Klein (2005) has suggested a combination of yearnings: 1) a yearning for coordinated sentiment (like Smithian sympathy); and 2) a yearning that the sentiment encompass the whole group. This paper reports on an experiment designed to explore the demand for encompassment by having subjects sing together. In each trial, one person in the room was designated not to sing unless every one of the others in the room had made a payment sufficient so as to have that person sing. Subjects chose to sacrifice money to achieve encompassment 47.4 percent of the time, with 59.6 percent of the subjects doing so in at least one trial. An exit questionnaire showed that subjects’ chief reason for making such a sacrifice was a belief that the singing would be more enjoyable if it encompassed the whole group, and reported enjoyment is significantly higher with encompassment. We discuss the experiment as a parable for a penchant toward political collectivism.
Clemson University’s and PERC’s Bobby McCormick reflects on enviropreneurs [3].
Daniel Ben-Ami says let economies grow! [4]
Bryan Caplan on Michael Clemens on migration [6]. (I’m really bummed that my teaching duties yesterday prevented me from attending Michael’s seminar.)
And here’s Tyler Cowen on income stagnation in Canada [7]. (I wonder how much these Canadian data reflect real income stagnation, or how much the apparent stagnation is a statistical artifact. I don’t know, but I suspect that real income growth in Canada is higher than these data suggest.)