Peter Gordon's Blog

A blog exploring the intersection of economic thinking and urban planning/real estate development and related big-think themes.

06:32 PM
Networked innovation : Many people saw PBS' various installments of Steven Johnson's How We Got to Now. Here is the book which is equally enjoyable....
Peter Gordon's Blog
Oct 19
Just-so stories are just human : We love narratives. We produce and consume just-so stories all the time.  In today's NY Times, Konika Banerjee and Paul Bloom ask "Does Everything Happen for a Reason?" They add, "Of course not....
Peter Gordon's Blog
Oct 16
Water : The LA papers are full of worries over the local drought but have yet to discover, pricing, incentives, and politicized misallocations....
Peter Gordon's Blog
Oct 15
Legacy : Getting my own medical care, I have encountered more than a few medical professionals who are practicing  here from abroad and who treated me very well.  I was glad they are here and I expect that the...
Peter Gordon's Blog
Oct 14
All the way down : Tyler Cowen cites Jean Tirole's Nobel-winning economics as exemplifying elaborations of principal-agent theory (and problems).  Who do you trust to carry out an agreement?...
Peter Gordon's Blog
Oct 9
Private planning : Pete Boettke points us to the Mercatus 40th anniversary celebration of Hayek's Nobel award....
Peter Gordon's Blog
Oct 5
Romance : James Buchanan's famous description of his work "Politics without romance" hit the nail on the head. But most people cannot or will not shed the romance....
Peter Gordon's Blog
Oct 1
High or low densities? : Urban economists and urban planners love "density". I put it in quotes because the details (How high? Where? At what cost?) are often ignored. The argument is simple....
Peter Gordon's Blog
Sep 27
To life : Probabilities and distributions are hard to grasp. We usually avoid the problem by settling on mean values and hope they are somehow representative....
Peter Gordon's Blog