Listen now (95 Min) | Developing a covid vaccine, rising costs in health care and education, and the stupidity of "defund the police"
"Operation Warp Speed, a uniquely successful federal government project..." Uniquely successful at what exactly? Skipping all the safety studies in order to rush to market a vaccine that doesn't work and has the highest rate of adverse side effects of any vaccine in the past seventy years?
On Tabarrok's claims about the "underpolicing" of America's cities, has he ever responded to the objections from Graham?
Graham argues that European police are more effective than American police because they don't have the post-Warren-Court Bill of Rights. His assertion is that Europe (even the UK) doesn't have concepts like "inadmissible evidence" or "the right to remain silent", which makes it much easier to secure convictions, which therefore means that sentences don't have to be as long to achieve the same deterrent effect.
I’m very cynical about education. Even if private schools improved teaching methods, it wouldn’t matter all that much for real productivity. I would advocate just getting rid of everything (history, social studies, etc.) except for maybe math and reading. Students will forget almost all the information after a few years. If their comprehension is 100% or 80%, it’s not going to matter that much. After basic arithmetic and literacy, I think you’re largely just wasting students time. If IQ interventions fade out, far transfer largely doesn’t exist, and memory decays to almost nothing... what is the point? If the content actually matters, then why are there no public advocates for compulsory adult education of those who didn’t retain the information from their childhood? I think it’s because we believe adults can’t be coerced but children can be. People forget that everyone just forgets everything. Just let the kids work or play or read what they want.
Nobody has time to listen to 1:30 podcast.
I was surprised to hear Alex say that Bryan’s estimate is that 50% of education is signaling. Turns out his estimate is actually only 40%.
That makes it seem like Bryan is much less extreme than he really is though because he assigns an additional 50% of the credit to ability bias.
The regulations and policies that would make education and healthcare more expensive make sense as causes. I think that his explanation of manufacturing/services makes sense too, but I don’t see why it can’t be both.