

How Not to Be Poor | NCPA
12 Nov 2014 Leave a comment
in applied welfare economics, economics of education, labour economics Tags: poverty and inequality, welfare reform
The rapid rise of Uber in DC for politicians and their staffs » AEI
12 Nov 2014 Leave a comment
in applied welfare economics, Austrian economics, economics of regulation Tags: taxi regulation, Uber
James Tobin on limiting the domain of inequality
08 Nov 2014 Leave a comment
in applied welfare economics, income redistribution, Public Choice, welfare reform Tags: James Tobin, negative income tax, poverty and inequality, welfare reform

Policy bubble alert: R&D is an investment and like all investments, it must be cost justified
07 Nov 2014 Leave a comment

Why Middle-Class Americans Can’t Afford to Live in Liberal Cities – The Atlantic
07 Nov 2014 Leave a comment
in applied welfare economics, economics of regulation, environmental economics, income redistribution, Public Choice, rentseeking, urban economics Tags: Director's Law, green rent seeking, land use regulation, zoning
Down and Out in America: only 82% of households below the poverty line have air conditioning!
05 Nov 2014 Leave a comment
in applied welfare economics, income redistribution, politics - USA

- Air conditioning equipment is more common in single family homes (89%) than in housing units in apartment buildings (82%).
- 18 percent of households below the poverty line do not have any air conditioning equipment at all.
- About a third of households below the poverty line use room air conditioning compared to 15% of households with an income above $100,000.
- In contrast, about 75% of households with incomes above $100,000 use central air conditioning compared to just 44% of households below the poverty line.
Managerial Econ: Markets vs. Mother Theresa: who has done more for the world’s poor?
05 Nov 2014 Leave a comment
in applied welfare economics, development economics, growth disasters, growth miracles Tags: growth disasters, overseas aid, overseas development assistance, The Great Escape, The Great Fact
The real reason why behavioural economics is so popular among politicians and bureaucrats
03 Nov 2014 Leave a comment
in applied price theory, applied welfare economics, behavioural economics, Public Choice, rentseeking Tags: behavioural economics, do gooders, The fatal conceit, The pretence to knowledge
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HT: David-k-Levine
Heritage trumps safety
03 Nov 2014 Leave a comment
in applied welfare economics, economics of regulation, urban economics Tags: Christchurch earthquake, green rent seeking, health and safety, Heritage regulation
Quote of the day:
. . . Deaths in earthquakes are somewhat unavoidable. But deaths caused by regulatory structures that force that little value is placed on human life, or that prevent a building owner from tearing down a building very likely to kill a pile of people in a quake, are worse than tragic – they’restupid. Offsetting Behaviour.
It’s in a post on heritage rules which make some buildings untouchable and how the burden of providing the heritage amenity falls on the owner of the building.
He has a better idea:
I’ve suggested an alternative structure where we run heritage protection as an on-budget Council expenditure. Have each Council decide how much money they’re willing to put into heritage preservation, perhaps have Central provide a matching grant, and open it up to further voluntary contributions from the public. Then, have the heritage boards decide how and…
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