Weekend list #12

The economics of language

Barry Chiswick approaches language skills among immigrants and native-born linguistic minorities as a form of human capital, with costs and benefits.

Using Big Data to estimate consumer surplus: the case of Uber

Cohen et al. estimate that consumer surplus generated by the UberX service in the United States in 2015 was $6.8 billion. Also listen to this Freakonomics Radio episode.

Europe’s impossible trilemma

NIESR Director of Macroeconomics Angus Armstrong on UK’s Brexit choices, inspired by Dani Rodrik’s famous political trilemma.

Social media and fake news in the 2016 US Presidential Election

Economists Matthew Gentzkow and Hunt Allcott find that fake news stories did not sway the election, as they were only seen by a small fraction of Americans.

Politics and economics in weak and strong states

A modern classic by Daron Acemoğlu.