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Blog of Tyler Cowen and Alex Tabarrok, both of whom teach at George Mason University.
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Struan Moffett on South Africa (from my email)

2026-04-11 17:09:20

I think one important point you missed is that South Africa’s recent (and ancient) history has forced the population to work quite aggressively through racial differences at speeds that other developed nations have not. ‘Racial harmony’ would be a stretch, but I would say that most (all?) South African’s have a ‘racial understanding’. South Africa is also very post-racial in the sense that most understand racial differences to actually be cultural differences – for myself, growing up English in Durban, I felt more of a kinship with educated Indians than with the (white) Afrikaners. It would make absolutely no sense from a strictly Western perspective that the English and the Afrikaners (both ‘white’) couldn’t be more different!

Here is my original post.

The post Struan Moffett on South Africa (from my email) appeared first on Marginal REVOLUTION.

Driving cross-country

2026-04-11 12:33:47

I have driven cross-country four times, at least if you count a 3/4 trip as valid.  I also have driving experience in virtually all states, including Hawaii and Alaska, neither of which would be part of typical cross-country travel.

I recommend this mode of transport highly, especially for the United States.  Here are a few observations:

No matter which route you take, so often Mexican food is your best option.

I most prefer the southern route, involving Memphis, Texas, and southern Utah/north rim of the Grand Canyon.  Do I have to tell you no major highways?

The extreme northern route is better than the middle route.  Visit Duluth.

The music you bring is essential.  While this will depend on your taste, in general try to have some regional music to match your route.  Dylan and also folk music sound good in most parts of the country.  CDs can be a better medium than online music for these trips.  Do not listen to music when you start your day’s drive, however, as you will end up burnt out.  Save it for after a few hours of driving.  Nor should you listen to too much high energy music.  Woody Guthrie is better than Led Zeppelin in this setting.

How much you should roll down car windows, vs. relying on air conditioning, is a critical decision.  The correct answer will depend on the route and time of year, but please do not screw this one up.  Usually I like windows down, but with raised windows you can hear the music better.

Salads in the Midwest can be good.

In Texas and Oklahoma you may see some amazing storms.  Texas is the best state for random food stops.

Use paper maps, GPS may bring you along too efficient a route.

Issues of children aside, optimal group size is two, no larger.  To avoid least common denominator effects.

You can do these trips at any pace you want, even an hour in a place can teach you a good deal.

You could do a trip simply by stopping in every interesting place in New Jersey, one of the smallest states.

I prefer Vermont to New Hampshire, at least for driving purposes.  I also prefer Montana to Wyoming, the latter for me being beautiful but somehow quite a boring state outside of Yellowstone?  You cannot spend too much time in Utah.

Oregon is one state where I never have been driving.  Is that a great loss?  I know only Portland there.

Driving cross country, or only parts of it, is the very best way to see America.

The post Driving cross-country appeared first on Marginal REVOLUTION.

What should I ask Bob Spitz?

2026-04-11 01:02:20

Yes I will be doing a Conversation with him, Wikipedia here.  I very much enjoyed his new book on the Rolling Stones, plus he has many older books of note, including on the 1969-1970 Knicks, Woodstock, Ronald Reagan, Bob Dylan, the Beatles, Led Zeppelin, and Julia Child.  All good books!  He also for a while worked as manager to both Bruce Springsteen and Elton John.

So what should I ask him?

The post What should I ask Bob Spitz? appeared first on Marginal REVOLUTION.

A market-based solution to NBA draft tanking?

2026-04-10 21:53:03

Zach Lowe shares a tanking solution idea that came up in the GMs meeting that intrigued a few General Managers:

A proposal to not get rid of the draft entirely, but get rid of the draft order. Every team gets 100 draft credits let’s say. You bid your draft credits on every individual slot in the draft. You can also trade your draft credits like a veteran player for 40 draft credits if you want to go in a rebuilding direction. As teams advance in the playoffs, they lose draft credits so the best teams would have less to bid on individual picks. So you can take all your credits and bid on the number 1 pick in the draft if you want. Or if you think next years draft is better, you roll your credits over.

Can that work?  Here is the tweet.

The post A market-based solution to NBA draft tanking? appeared first on Marginal REVOLUTION.

Cape Town estimate of the day

2026-04-10 17:22:55

From young professionals to the working poor, many Cape Town residents complain that out-of-control housing prices have forced them to live far from the jobs, affluent schools and healthy supermarkets available in the city center. They blame deep-pocketed tourists for occupying housing in prime locations and developers for pricing them out.

Some 70 percent of the downtown residential housing stock is dedicated to hotel rooms or short-term rentals, according to a report the city released last year.

“The city’s actually being upgraded for tourists,” said Lizanne Domingo, a telemarketer. She takes a daily two-hour commute to work each way because she can’t afford to live close to the city, she said. “It’s not for our own people because the cost of living is ridiculously expensive.”

…housing prices in the city have surged 38 percent over the past six years.

Here is more from the NYT.  It is one of the very best places in the world to visit right now.

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