Paul Krugman wrote a misleading post comparing U.S. wages and productivity growth to Scandinavia without admitting that Scandinavia’s test scores are much higher than America’s. Comparing Scandinavia to Scandinavian-Americans instead of to Americans more broadly is a simple way to factor out the benefit of higher Scandinavian test scores. (If anything, Scandinavians with lower socioeconomic status immigrated to America.) On average, Scandinavian-Americans earn ... Read More
Why the U.S. Needs A Lot More Ultra-High-Skilled Immigration
Why the U.S. needs a lot more ultra-high-skilled immigration via @AbacusNews. ... Read More
Two More Studies Find Shocking Inability to Replicate Economic Research
The Economist reports on two more studies that find a shocking inability to replicate economic research: A recent examination in the Economic Journal, of almost 7,000 empirical economics studies, found that in half of the areas of research, nearly 90% of those studies were underpowered, i.e., that they used samples too small to judge whether a particular effect was really there. Of the studies that avoided this pitfall, 80% were found to have exaggerated the reported ... Read More
