Cowen built a lot on the median income in The Great Stagnation; reading it, there was not a whisper about demographics, though Cowen is a pretty honest author usually (and in fact was the one who publicized this one!).
Publicized it, I said, not discovered it. Cowen has a huge readership, and pretty much anyone who ever hears of this will do so because Cowen publicized it; and Cowen knows this, so the honesty argument is still true.
No, I got it from Henderson’s blog, but the source data got lost and reconstructed as Tyler. I haven’t seen any Marginal Revolution post publicizing it.
Cowen built a lot on the median income in The Great Stagnation; reading it, there was not a whisper about demographics, though Cowen is a pretty honest author usually (and in fact was the one who publicized this one!).
Drat, I hat-tipped Cowen instead of David Henderson of Econlog, in an example of the Matthew Effect. http://en.wikipedia.org/wiki/Matthew_effect_(sociology)#Sociology_of_science
Publicized it, I said, not discovered it. Cowen has a huge readership, and pretty much anyone who ever hears of this will do so because Cowen publicized it; and Cowen knows this, so the honesty argument is still true.
No, I got it from Henderson’s blog, but the source data got lost and reconstructed as Tyler. I haven’t seen any Marginal Revolution post publicizing it.
Whoops, you’re right; it was Henderson/EconLog, not Cowen.