Wednesday nexus

Innovations in governance: Off-world colonies of the Canadian Arctic. Conditions in the Canadian Arctic and on Mars are very different from conditions elsewhere; efficient long-term governance might look very different there. On a related note, Alex Tabarrok defends the company town and private proprietary cities.

The Future of Economic Development: A Conversation Between Tyler Cowen and Jeffrey Sachs. I wasn’t able to be there in person but there’s video.

Nice unintentional prophecy at about 4:30 in this clip of Vin Scully’s radio call of Hank Aaron’s 715th home run, the anniversary of which was last week. Also baseball-related: The Common Law Origins of the Infield Fly Rule.

FiveThirtyEight credulously shares a poorly-conceived, allegedly economics-based piece about the wage gap. If your results show firms becoming more sexist as the costs of sexism increase you need an explanation beyond “because sexism” to make it work.

[Side note: In general I had high hopes for FiveThirtyEight. I now realize that was premature.]

The History of Byzantium podcast continues to impress.

The Hole-in-the-Wall Pass had a long history of overlapping use by many different outlaw gangs:

Geographically, the hideout had all the advantages needed for a gang attempting to evade the authorities. It was easily defended and impossible for lawmen to access without detection by the outlaws concealed there. It contained an infrastructure, with each gang supplying its own food and livestock, as well as its own horses. A corral, livery stable, and numerous cabins were constructed, one or two for each gang. Anyone operating out of there adhered to certain rules of the camp, to include a certain way in handling disputes with other gang members, and never stealing from another gang’s supplies. There was no leader with each gang adhering to its own chain of command. The hideout was also used for shelter and a place for the outlaws to lay up during the harsh Wyoming winters.

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Author: rfmcelroyiii

Student and instructor of economics.

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