It saddens me that The New York Times has abandoned the wisdom that it accepted less than 30 years ago [when it opposed minimum-wage legislation]. Just because the Grey Lady has forgotten the laws of economics doesn’t mean they no longer exist. And the more she tries to break those laws, the more she’ll hurt the people she wants to help.
My brilliant young colleague Bryan Caplan explains the importance of common sense for scientific method. Bryan’s post helps us to understand the naiveté of many researchers who self-confidently assert their faulty scientific creds by claiming to be more-data-driven-than-thou.
GMU Econ PhD student Harrison Searles examines the atavism of Bernie Sanders. (This essay by Harrison was Tweeted out by Jonathan Haidt!) (HT Dan Klein)