Why consider the lighthouse a public good?

Vincent Geloso

I know I talk about lighthouses a lot. This is because they are economically relevant. They are the penultimate example of public goods and they underlie all positive (i.e. scientific) justifications for state-provision of public goods. However, economic theory has whitewashed the history of the lighthouse in order to make this case. In reality, the lighthouse never was a public good and it never was, before the 19th century, the main way of providing maritime safety. Alongside Rosolino Candela, in a new working paper, I provide a ton of historical evidence showing that it was a complement to private goods and services such as pilotage and ballastage. Because it was a complement to other goods, it could be privately provided through bundling. That option was prohibited, however, by rent-seeking and monopoly privileges granted to firms/guilds involved in the production of the private goods that could (and did) produce lighthouses and…

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Kids Climate Case to be Appealed Before Trial

Science Matters

A monkey wrench in the Works.

Previous posts have followed the twists and turns of the lawsuit Juliana vs. US, initiated and funded by Our Children’s Trust.  In November the Supreme Court signaled their desire that lower courts rein in the scope of the lawsuit.  The District Court backed off and now the Ninth Circuit Court will take up the appeal in advance of any trial activity.  The significance and implications are described in an article by Karen Savage at Climate Liability News Appeals Court OKs Pre-Trial Appeal of Kids Climate Case, Siding With Government  Excerpts in italics with my bolds.

The Ninth Circuit Court of Appeals has granted a petition by the Trump administration for a rare pre-trial appeal in the landmark constitutional climate lawsuit, Juliana v. United States. The appeals court agreed to the interlocutory appeal, which leaves the future progress of the case unclear.

Generally, interlocutory appeals…

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@greenpeace @oxfamnz lacks the moral fortitude to fight indoor air pollution because the solution is LPG stoves and electrification

A gender gap @oxfamnz @Greenpeace and @Amnesty will never campaign against; they would rather fall on their bicycle pumps than mention the solution

From https://www.iea.org/newsroom/energysnapshots/average-number-of-hours-spent-collecting-fuel-per-day-per-household.html

28 April 18, PM Modi announced that India had ahead of schedule provided electricity to every village: @Greenpeace @Oxfam boos?

Applying harm reduction to smoking

Truth on the Market

Carrie Wade, Ph.D., MPH is the Director of Harm Reduction Policy and Senior Fellow at the R Street Institute.

Abstinence approaches work exceedingly well on an individual level but continue to fail when applied to populations. We can see this in several areas: teen pregnancy; continued drug use regardless of severe criminal penalties; and high smoking rates in vulnerable populations, despite targeted efforts to prevent youth and adult uptake.

The good news is that abstinence-oriented prevention strategies do seem to have a positive effect on smoking. Overall, teen use has steadily declined since 1996. This may be attributed to an increase in educational efforts to prevent uptake, stiff penalties for retailers who fail to verify legal age of purchase, the increased cost of cigarettes, and a myriad of other interventions.

Unfortunately many are left behind. Populations with lower levels of educational attainment, African Americans and, ironically, those with less…

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Greg Mankiw on who pays company tax

From https://gregmankiw.blogspot.com/2006/05/corporate-tax-rates.html

@SenSanders Praising Bread Lines and Food Rationing @AOC

Stories about state visits to Disneyland

Houdini escapes from a tree

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