In this post, we’re going to go down the rabbit hole looking at the severe problems with real GDP. I am honored to have coauthored this research note with Jonathan Nitzan and Shimshon Bichler. Jonathan teaches political economy at York University in Canada. Shimshon teaches political economy at colleges and universities in Israel. All of Bichler &

In this post we’re going to take a journey into the world of power-law distributions. Power laws pop up again and again in my research. But I’ve never taken the time to discuss what makes them so weird. This post will be a little ‘power-law primer’ that I’ll reference in future blog posts. Let’s start by defining the word distribution . A ‘distribution’ refers to how data is spread out. I’ll use human height as an example.

In the last post, I celebrated the noble pursuit of empirical muckraking. Now I have a muckraking challenge for the empirical researchers of the world. The Deep History of Energy and Institution Size Over the last 5 years, I have pieced together an interesting relation between energy and institution size.

Data science is all the rage right now. The data scientist uses complicated algorithms and sophisticated statistics to analyze reams of ‘big data’. Don’t get me wrong — I’m all for analyzing big data. But I don’t want to forget about an equally important form of empirical research: muckraking . Empirical muckraking is the slow, tedious process of searching for scattered data.

In science, being wrong is call for a celebration. Now that you think I’m crazy, let me explain. Science is about the search for truth . Logically, this means we should celebrate when we are right . But here’s the catch. How do we know when we are right? We can’t. Science is about conditional truth. We have ideas that we think are right because they have not yet been proven wrong.

In the opening post of this blog, I described my ‘top-down’ approach to studying society. This means studying groups of people without trying to reduce everything to the actions of individuals. It’s not that I think individual actions are unimportant . Of course they are important. The problem is that we are hopelessly far from understanding the complexities of the human psyche. In this post, I’m going to dive into the problem.

In this post we’re going to take a break from my research. Instead, I’m going to subject you to my crackpot theories of psychology. This post is called “Why Scientist Can’t Run Daycares”. But I’m just assuming that other scientists are like me. So maybe a better title would be “why I can’t run a daycare”. What prompted this post? Well, you should know that I have a 3 year old daughter. She’s the joy of my life, a true delight to be around.

There is an exciting side of blogging that I want to explore here. Blogging can tell the story behind research. This is something you don’t get in journals. Most scientific articles obey a formula that goes like this: Here is the question I asked. Here is how I answered the question. Here is what I found. This formula makes the article easy to read, since we know what to expect.

Welcome to the first post of ‘Economics from the Top Down’. This will be a blog about new ideas in economics and the social sciences. I use the word ‘economics’ in a liberal sense. Few trained economists will recognize what I do as ‘economics’. Perhaps a better word would be ‘political economy’. Or even better, just ‘social science’. But before diving into the content of this blog, I should introduce myself. My name is Blair Fix.