George Akerlof’s 72-page AEA Presidential Address “The Missing Motivation in Macroeconomics” is online (hat tip: Mark Bahnisch). I might blog on it if I get time.
I can recommend Joshua Gans’ review of Richard Dawkins latest tome, The God Delusion (aka ‘why you should tell all your friends you’re an atheist’).Â The NYRB thought the book was amateurish, but Gans has a more elevated view of Dawkins.
Andrew Norton also has a good post on the rise of politicial familism. In economic terms, major Australian political parties seem to think that (a) there is a positive exernality from having children, (b) people with children are somehow especially deserving of government handouts, or (c) people with children are credit-constrained. I know of no evidence for any of these three propositions. Taxing the childless middle class in order to give cash to middle-class families with kids may be good politics, but it’s lousy economics.