.@Bryan_Caplan’s best presentation of the case against education
18 Mar 2020 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of education, economics of information, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics, Public Choice, public economics, rentseeking, survivor principle Tags: adverse selection, asymmetric information, College premium, graduate premium, screening, self-selection, signaling
Share buybacks limit free cash and managerial excesses
18 Mar 2020 Leave a comment
in economics of information, entrepreneurship, financial economics, industrial organisation, labour economics, law and economics, managerial economics, organisational economics, property rights, survivor principle, theory of the firm Tags: agent principal problem
Contra Ben Bernanke It’s A Wonderful Life bank run due to absent-minded Uncle Billy’s embezzlement @NZTreasury @reservebankNZ
14 Mar 2020 Leave a comment
in economic history, economics of crime, industrial organisation, law and economics, macroeconomics, monetary economics, movies, survivor principle Tags: bank runs
Dumbest #COVID19 idea yet
12 Mar 2020 Leave a comment
in economics of bureaucracy, entrepreneurship, health economics, income redistribution, industrial organisation, law and economics, managerial economics, Marxist economics, organisational economics, politics - Australia, politics - New Zealand, politics - USA, property rights, Public Choice, public economics, rentseeking, survivor principle, theory of the firm Tags: creative destruction, economics of pandemics, endogenous growth theory, patents and copyright
Richard Epstein, “A History of Public Utility Regulation in the Supreme Court”
09 Mar 2020 Leave a comment
in economics of bureaucracy, economics of regulation, energy economics, entrepreneurship, environmental economics, financial economics, income redistribution, industrial organisation, law and economics, property rights, Public Choice, rentseeking, Richard Epstein, survivor principle Tags: competition law, network economics, price controls
Steve Kaplan Discusses CEO Pay
08 Mar 2020 Leave a comment
in economics of bureaucracy, economics of crime, economics of education, economics of information, entrepreneurship, financial economics, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, managerial economics, market efficiency, occupational choice, organisational economics, personnel economics, politics - USA, poverty and inequality, property rights, Public Choice, rentseeking, survivor principle Tags: CEO pay, efficient markets hypothesis
Scandinavian welfare states free-ride
08 Mar 2020 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, constitutional political economy, economic growth, economics of education, economics of information, economics of regulation, entrepreneurship, F.A. Hayek, history of economic thought, human capital, income redistribution, industrial organisation, international economics, law and economics, macroeconomics, poverty and inequality, property rights, Public Choice, public economics Tags: creative destruction, taxation and entrepreneurship, taxation and investment, taxation and labour supply
Inequality in America: Taxes and the Ultra-Rich | Emmanuel Saez | Steven Kaplan | Luigi Zingales
08 Mar 2020 Leave a comment
in applied price theory, economics of education, entrepreneurship, financial economics, human capital, income redistribution, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics, politics - USA, poverty and inequality, Public Choice, public economics, rentseeking Tags: capital gains tax, envy, taxation and entrepreneurship, taxation and investment, top 1%
Only 2 general purpose technologies in the 20th century?
07 Mar 2020 Leave a comment
in applied price theory, economic growth, economic history, economics of education, energy economics, entrepreneurship, financial economics, history of economic thought, human capital, industrial organisation, labour economics, labour supply, macroeconomics, managerial economics, occupational choice, organisational economics, survivor principle Tags: creative destruction, general purpose technologies
The ‘Negativity Effect’ Leads to Bad Journalism, Big Government, and Busted Relationships
06 Mar 2020 Leave a comment
in discrimination, economics of bureaucracy, economics of crime, economics of education, energy economics, environmental economics, gender, health and safety, health economics, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, Marxist economics, poverty and inequality, property rights, Public Choice, public economics, rentseeking, unemployment, unions, welfare reform Tags: pessimism bias
Horses and mules held their own for decades against tractors
04 Mar 2020 Leave a comment
in economic history, industrial organisation, survivor principle
Acemoglu on how democracy came to America
03 Mar 2020 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, growth disasters, growth miracles, income redistribution, industrial organisation, international economic law, international economics, International law, labour economics, labour supply, law and economics, politics - USA, property rights, Public Choice, public economics, rentseeking Tags: Age of Discovery, age of empires, Age of Enlightenment, economics of colonialism
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