~marginalrevolution | Bookmarks (76)

As she did on the LBRY case (n.b. I was a LBRY advisor), SEC Commissioner Hester Peirce released a statement about the failings of the SEC with regards to the recently approved Bitcoin spot ETPs. It’s rare to read something this brutal coming from the inside. We squandered a decade of opportunities to do our […] The post Hester Peirce on the SEC appeared...

Why do today’s dishwashers typically take more than 2 hours to run through a normal cycle when less than a hour was common in the past? The reason is absurd energy and water “conservation” rules. These rules, imposed on dish and clothes washers, have made these products perform worse than in the past, cleaning less […] The post Back to the Future: Power Dishwashers!...

That is the theme of my latest Bloomberg column, here is the introductory bit: The broader historical trends show that the US tax-and-transfer system is getting more progressive, including in recent years. And the US government is increasingly redistributing wealth to the bottom half of the income distribution. And: The best information indicates that transfer income is […] The post Income redistribution through taxes and transfers...

So pleased to see my paper out in the BU Law Review! This paper surveys 50+ years of randomized control trials in criminal justice and shows that almost no interventions have lasting benefit — and the ones that do don't replicate in other settings. 1/ https://t.co/xIvIcCseGL pic.twitter.com/Duj4ybbbS6 — Megan Stevenson (@MeganTStevenson) January 2, 2024 The post Dept. of Uh-Oh appeared first on Marginal REVOLUTION....