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Invisible hand on the keyboard

The Economist runs a typically punchy article on blogging by economists.

The post discusses the blogs of Brad Delong, Becker-Posner and Greg Mankiw all of which are on my blogroll. A blog that I hadn’t come across before is by Brad Setser .

It also discusses the impact of blogging on academic productivity. Following Han Kim, Adair Morse & Luigi Zingales’s, ‘Are Elite Universities Loosing Their Competitive Edge’ The Economist asks whether the internet’s ability to spread knowledge beyond particular universities has decreased the value of elite faculty hires.

The answer is that it does which is what you would expect. There is also the suggestion that those with influential blogs will command a good market price – microphones can be turned into megaphones. So please read my blog and improve my marketability!

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