Now we know how many drivers Uber has — and have a better idea of what they’re making – The Washington Post
23 Jan 2015 Leave a comment
in economics of regulation, rentseeking Tags: taxi regulation, Uber
Singapore Campaigns of the 70s/80s
17 Jan 2015 Leave a comment
in applied welfare economics, economic history, economics of regulation Tags: meddlesome preferences, nanny state, Singapore
With intensive usage of media, campaigns are launched to achieve certain particular goals, usually in a political, social or commercial sense. Sometimes, a campaign represents an era, and some of its posters go on to become iconic representations that are even remembered after decades. One of the examples is the United States’ “I Want You For U.S. Army” poster in 1917.
Campaigns are meant to have a long term impact. However, human errors, wrong judgement or a lack of foresight during the introduction of campaigns can sometimes lead to failures or even disasters to the country. In 1958, the new China launched the Four Pests Campaign in a bid to eliminate rats, flies, mosquitoes and sparrows. The sparrows were targeted because they ate the farmers’ grain seeds. In a short time, millions of Chinese were mobilised for the campaign. Sparrows, as well as other birds, were shot, with their nests…
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The selective nature of cost benefit analysis in health and safety policy
08 Jan 2015 Leave a comment
Central planning versus spontaneous order: bicycle version
07 Jan 2015 1 Comment
in comparative institutional analysis, economics, economics of regulation, liberalism, Marxist economics
via Neil Wilson and https://twitter.com/juliawolfe/status/551580469910073345?s=09
Milton Friedman on Safety Regulations
07 Jan 2015 Leave a comment
in economics of regulation, health and safety, law and economics, Milton Friedman Tags: health and safety, Milton Friedman, offsetting behaviour, safety Nazis
Milton Friedman on the drug war and who wins from it
06 Jan 2015 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, liberalism, Milton Friedman Tags: bootleggers and baptists, drug legalisation, marijuana legalisation, Milton Friedman, war on drugs
Michelle Malkin | My trip to the pot shop
04 Jan 2015 Leave a comment
in applied welfare economics, economics of regulation, entrepreneurship, health economics, liberalism Tags: decriminalisation of marijuana, drug decriminalisation, medical marijuana
Al Capone was taking in about $105,000,000 a year in the 1920s
02 Jan 2015 Leave a comment
in economics of media and culture, economics of regulation, politics - USA Tags: Al Capone, black markets, prohibition
Utopia, you are standing in it! 
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