26 Jun 2024
by Jim Rose
in economics of crime, economics of information, energy economics, environmental economics, global warming, law and economics, transport economics
Tags: electric cars
This is a hilarious X (formerly Twitter) thread on a presentation about “messaging over climate”. Worst messages tested: electric cars, Green New Deal, frontline communities, ‘Big Oil lied’, climate pollution Talking about electric cars especially deadly for Democrats. Women in particular frightened of battery running out. (Interesting gendered spin on range anxiety I hadn’t thought […]
Climate “Communicators” Discover the Best Way to Persuade Voters is to Lie to Them
26 Jun 2024
by Jim Rose
in applied price theory, entrepreneurship, history of economic thought, industrial organisation, law and economics, Ronald Coase
Tags: competition law
Nobel Laureate Ronald Coase once quipped that he left antitrust because “When prices go up, its monopolization, when prices fall it’s predation, and when they stay the same it’s collusion.” As if to illustrate this idea, the FTC’s Chair is reversing herself to bring a case against Amazon. On one hand, booksellers argue that Amazon…
When life imitates comedy: FTC’s Amazon Flip Flop
25 Jun 2024
by Jim Rose
in applied price theory, applied welfare economics, comparative institutional analysis, income redistribution, law and economics, politics - USA, Public Choice, rentseeking
Tags: offsetting behavior, unintended consequences
That phrasing comes from Arnold Kling, right? It is also the topic of my latest Bloomberg column. Here is one bit: Unfortunately, the US already was setting a bad example for the British. Recent plans from the Biden administration called for a broadly similar approach to housing policy, namely subsidizing demand. Earlier this year, Biden called for […]
Do not stifle supply and then subsidize demand
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