Climate Change Is NOT An Emergency
14 Apr 2022 Leave a comment
in applied welfare economics, comparative institutional analysis, development economics, economic history, energy economics, environmental economics, global warming Tags: climate alarmism
From a review of The Mystery of the Kibbutz: Egalitarian Principles in a Capitalist World Ran Abramitzky
12 Apr 2022 Leave a comment
in applied price theory, comparative institutional analysis, economics of education, human capital, labour economics, labour supply, Marxist economics, personnel economics
From https://www.marketsandmorality.com/index.php/mandm/article/view/1453
“The Mystery of the Kibbutz explores the history of the kibbutz movement and its vision of economic equality, how it thrived despite inherent economic contradictions, and why it eventually declined. He focuses on three challenges in particular: first, the free rider problem, that there is no benefit for working harder when you get the same salary or personal economic benefits; second, adverse selection – that such a social system would tend to attract people who would not be as successful in a capitalist market; or the inverse, a brain drain, that the smartest people or those who could find success outside the kibbutz would tend to leave. Finally, the question of human capital investment: that there would be a tendency to underinvest in human capital, in other words that there would be a lack of incentive for young people to study or work hard because in the end as kibbutz members they can depend on equal income no matter what their contribution is.”
Matthew E. Kahn discusses his new book Going Remote
04 Apr 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, health economics, labour economics, labour supply, occupational choice, transport economics, urban economics Tags: economics of pandemics
Milton Friedman Why free markets work
07 Feb 2022 Leave a comment
in applied price theory, comparative institutional analysis, development economics, economic history, economics of regulation, growth disasters, growth miracles, history of economic thought, income redistribution, industrial organisation, international economics, liberalism, Marxist economics, Milton Friedman, property rights, Public Choice, survivor principle Tags: capitalism and freedom
Josh Wright | UCLA Law and Economics, Relational Contracts, and Antitrust
04 Feb 2022 Leave a comment
in applied price theory, applied welfare economics, Armen Alchian, comparative institutional analysis, economics of regulation, F.A. Hayek, history of economic thought, industrial organisation, law and economics, Ronald Coase, theory of the firm Tags: competition law
Is Market Failure an argument against government? – David Friedman
28 Jan 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, David Friedman, economic history, economics of crime, economics of information, economics of regulation, energy economics, environmental economics, history of economic thought, industrial organisation, labour economics, labour supply, law and economics, liberalism, libertarianism, property rights Tags: market failure
Robert Lucas: Labor Reform and Crisis Recovery
28 Jan 2022 Leave a comment
in applied price theory, applied welfare economics, business cycles, comparative institutional analysis, econometerics, economic growth, economic history, economics of regulation, labour economics, labour supply, macroeconomics, Robert E. Lucas Tags: employment law
BDS Movement Debate | Oxford Union
18 Jan 2022 Leave a comment
in comparative institutional analysis, constitutional political economy, defence economics, International law, law and economics, laws of war, property rights, war and peace Tags: Gaza Strip, Israel, war against terror, West Bank
Land supply is everything to housing affordability
17 Jan 2022 Leave a comment
in applied price theory, comparative institutional analysis, law and economics, libertarianism, politics - New Zealand, politics - USA, property rights, public economics, urban economics Tags: housing affordability, land supply, zoning
Tom Ballard at 2018 Marxism conference
16 Jan 2022 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, income redistribution, law and economics, Marxist economics, property rights, Public Choice, television
A Conversation with Armen A. Alchian 2001
13 Jan 2022 Leave a comment
in applied price theory, Armen Alchian, comparative institutional analysis, economics of information, history of economic thought, theory of the firm
Anarchy vs. Minarchy Debate – David Friedman vs. Austin Petersen
10 Jan 2022 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, David Friedman, economics of crime, law and economics, property rights, Public Choice
The Fed’s Dismal Record | George A. Selgin
10 Jan 2022 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, business cycles, comparative institutional analysis, economic history, financial economics, global financial crisis (GFC), great depression, great recession, history of economic thought, macroeconomics, monetarism, monetary economics Tags: monetary policy
08 Jan 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of information, health economics, labour economics, labour supply Tags: health insurance
Why economists are unpopular
01 Jan 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of bureaucracy, economics of crime, entrepreneurship, environmental economics, history of economic thought, income redistribution, industrial organisation, international economics, labour economics, labour supply, law and economics, liberalism, macroeconomics, managerial economics, minimum wage, organisational economics, personnel economics, poverty and inequality, property rights, Public Choice, public economics, rentseeking, survivor principle, theory of the firm, unemployment, unions, welfare reform Tags: offsetting behaviour, The fatal conceit, unintended consequences
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