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Vincent Geloso

QC Econ prof at George Mason University. LSE-trained,TTU-proud, GMU-blood. I do econ hist, pol econ & measurement of living standards. I use X and Substack as my public research diary.

Newsletter · By Vincent Geloso · English · Official site

Indexed issues, last 90 days
6
Latest publication
Sep 11, 2026
Audience
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Earliest in this view
Jul 7, 2026

Latest issues

  1. Issue · Sep 11, 2026

    In Criticism of the SEP entry on capitalism (opens the original)

    Excerpt · Critical tone

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    The Stanford Encyclopedia of Philosophy is not a publication most would be familiar with. It is meant as a repository of overviews of big topics in philosophy broadly defined, inclusive of political theory. As such, entries added to it are unlikely to generate strong responses by the experts deeply familiar with each individual entry. Every rule has exceptions though.Recently, Chiara Cordelli, a political philosopher at the University of Chicago, delivered her “three years in the making” commiss

  2. Issue · Sep 11, 2026

    Book Review -- Drunk: How We Sipped, Danced and Stumbled Our Way to Civilization by Edward Slingerland (opens the original)

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    Drunk: How We Sipped, Danced and Stumbled Our Way to Civilization by Edward SlingerlandEveryone understands that alcohol can wreck substantial damages: violence, cognitive impairment (both immediately and in the long-run), liver diseases, social impairment etc. So why do we spend so much effort trying to get intoxicated? After all, making and procuring (even in modern societies) is not cheap nor are the consequences of inebriation. Why persist in trying to get drunk?The costs are so high that it

  3. Issue · Aug 26, 2026

    Measuring Inequality in the 1890s (opens the original)

    Excerpt · Critical tone

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    It’s hard to be a pioneer in a field. Charles B. Spahr can tell you that.In 1896, he wrote this book (An Essay on the Present Distribution of Wealth), which was arguably the first attempt at estimating U.S.-wide inequality and national income at the same time—what we would now call a social table. It was total income and inequality in 1890. <a class="image-link image2 is-viewable-img" href="https://substackcdn.com/image/fetch/$s_!umDi!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubsta

  4. Issue · Jul 27, 2026

    No, universal childcare did not "probably" pay for itself in Quebec (opens the original)

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    A new paper by Michael Baker, Jonathan Gruber, and Kevin Milligan, Investing in Mothers? The Long-Run Impact of a Universal Child Care Program on Maternal Work and Income, provides important new evidence on Quebec’s universal childcare program. The authors find that the increase in maternal employment persisted long after children had aged out of childcare. They also find that the earnings effect grew over time, partly because mothers accumulated more experience, worked more intensively, receive

  5. Issue · Jul 13, 2026

    Prohibition and why we underestimate American living standards (and maybe growth) in the 1920s (opens the original)

    Excerpt · Neutral tone

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    It is well known that national accounts that lead us to measure GDP never include criminal activities. That statement is unsurprising. However, this is slightly problematic for economic history purposes. There are notably debates that suggest that living standards for the bottom 90% in the 1920s did not increase much (see notably the work of Gene Smiley in the Journal of Economic History in 2000). But that could simply (but only partly) be a fluke of when Prohibition entered in effect (in 1920).

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