Lars Doucet examines whether landlords can pass Land Value Tax on to tenants, concluding that empirical evidence supports they cannot.

The post argues that automation and AI are unlikely to cause a sustained economic crisis, as new jobs will be created to replace those automated, though the benefits may primarily go to capital owners.

Scott Alexander follows up on his critique of a book about the Baumol effect, presenting data that challenges the book's claims about rising wages driving cost increases in education and healthcare.

Scott Alexander reviews a book attributing rising service costs to the Baumol effect, finding it convincing but raising some concerns about conflicting data and affordability issues.

Scott Alexander reviews 'Zero To One' by Peter Thiel, discussing its advice on creating monopolies, believing in secrets, and embracing definite optimism for successful startups.

Scott Alexander reviews 'Inadequate Equilibria' by Eliezer Yudkowsky, a book exploring systemic failures, decision-making, and the limits of social consensus.

Scott Alexander defends an economic principle often mocked in jokes, explaining its validity when applied to long-standing, seemingly obvious financial opportunities.

Scott Alexander examines the hot dog and bun quantity mismatch as evidence that markets may not always efficiently respond to consumer preferences.