Working

This April Fool's joke uses humor to argue against the misuse of hierarchical modeling in social science research. via Statistical Modeling, Causal Inference, and Social Science

Alex Tabarrok poses a question about the economic impact of having a child, asking if it increases aggregate demand or reduces aggregate supply.

via The source of this content is Marginal Revolution.

Steven Horwitz shares a video about the Broken Window Fallacy, which uses examples to explain why natural disasters aren't good for the economy. via The Coordination Problem

John Cassidy discusses speculative bubbles in the modern economy and reviews the book "The Road from Ruin," which argues that bubbles can indicate economic vitality and shouldn't be suppressed.

via The source of this content is The New Yorker.

Alex Tabarrok of Marginal Revolution shares a variety of links, including a discussion with Tyler Cowen and Robert Reich.

via The source of this content is Marginal Revolution.

Gary Becker critiques the new healthcare bill, arguing that it doesn't address the major problems with the American healthcare system and will ultimately do more harm than good.

Richard Posner outlines three reasons the Affordable Care Act *could* have positive outcomes, despite his belief that the law is a mistake, in this blog post from March 28, 2010. via The Becker-Posner Blog

The NFL changed its playoff overtime rules to ensure both teams get the ball at least once after previously using a controversial coin-toss sudden death format.

via kottke.org

Tyler Cowen explores potential future changes to the Affordable Care Act, suggesting that disparities in the bill could lead to a system of means-tested vouchers. via Marginal Revolution

Fast Company's Kit Eaton discusses the use of full-body security scans in airports, raising concerns about privacy and the Transportation Security Administration's (TSA) lack of transparency. via Fast Company

28 economists published an op-ed criticizing Irish government economic strategies and proposing an alternative using borrowing and taxation. via Notes On The Front

Economist Arnold Kling argues that the Federal Reserve prioritizes bolstering banks and mortgage security holders over taxpayers. via Reason.com - Free Minds and Free Markets.