My guest this week is my friend Rajiv Sethi, economist extraordinaire at Barnard College and Columbia University and proprietor of Imperfect Information on Substack.
thanks Glenn. I'm a Canuck, and I will be listening to this episode tonight regarding the trade issues.
Generally i support free and fair trade between our respective countries - in this case I think you folks are making a huge error. Why do you want to pay 25% more for our energy, auto parts and other imports we send you? The border security issues I agree with- but I do not think a trade war is going to help either country.
On another note, I hope the new year is going well for you. Which side you picking for the super bowl ? :)
Regarding creating incentives against discrimination. I agree with Sowell, the market punishes discrimination. It doesn't matter if I hire the person *because* they are a black woman, or I *don't* hire the person *because* they are a black woman; the market punishes both decisions.
I think there might be exceptions. In the Jim Crow south, the market might not sufficiently punish the decision to *not* hire the black woman (in a customer-facing role; e.g. as a waitress). But, once I make that argument, can I also make the argument that in academia (specifically the humanities), the market might not sufficiently punish the decision to *not* hire the conservative?
I don't love Rajiv. His well spoken tone is pleasant, as is his obvious timidity and academic self indulgence. I wouldn't have Rajiv as a friend or anywhere near a leadership position. Rajiv is be liked by his ilk. Now Glenn Loury would not appreciate my praise, he likes Rajiv. Glenn is ten times the man that Rajiv could ever be.
thanks Glenn. I'm a Canuck, and I will be listening to this episode tonight regarding the trade issues.
Generally i support free and fair trade between our respective countries - in this case I think you folks are making a huge error. Why do you want to pay 25% more for our energy, auto parts and other imports we send you? The border security issues I agree with- but I do not think a trade war is going to help either country.
On another note, I hope the new year is going well for you. Which side you picking for the super bowl ? :)
Regarding creating incentives against discrimination. I agree with Sowell, the market punishes discrimination. It doesn't matter if I hire the person *because* they are a black woman, or I *don't* hire the person *because* they are a black woman; the market punishes both decisions.
I think there might be exceptions. In the Jim Crow south, the market might not sufficiently punish the decision to *not* hire the black woman (in a customer-facing role; e.g. as a waitress). But, once I make that argument, can I also make the argument that in academia (specifically the humanities), the market might not sufficiently punish the decision to *not* hire the conservative?
Thanks for hosting me Glenn, it was a pleasure as always.
I don't love Rajiv. His well spoken tone is pleasant, as is his obvious timidity and academic self indulgence. I wouldn't have Rajiv as a friend or anywhere near a leadership position. Rajiv is be liked by his ilk. Now Glenn Loury would not appreciate my praise, he likes Rajiv. Glenn is ten times the man that Rajiv could ever be.
I love Rajiv. Not only is he well spoken and extremely interesting on a variety of topics but he's also the best hype man Glenn could possibly have.