Why Tax Rates Matter More Than Taxes
18 Dec 2019 Leave a comment
in applied price theory, applied welfare economics, entrepreneurship, industrial organisation, labour economics, labour supply, politics - USA, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
Glenn Loury & David Neumark [The Glenn Show] Minimum wage
17 Dec 2019 Leave a comment
in econometerics, economic history, economics of regulation, industrial organisation, labour economics, labour supply, minimum wage, politics - USA, poverty and inequality, unemployment Tags: offsetting behaviour, The fatal conceit, unintended consequences
Policy Briefs: John Cochrane on Why a Complicated Tax Code Leads to Negative Outcomes
17 Dec 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economic history, entrepreneurship, industrial organisation, labour economics, labour supply, politics - USA, Public Choice, public economics Tags: taxation and entrepreneurship, taxation and investment, taxation and labour supply
Small business and @Fightfor15: @AOC @BernieSanders @SenWarren
16 Dec 2019 Leave a comment
in applied price theory, industrial organisation, labour economics, minimum wage, politics - USA, poverty and inequality, survivor principle Tags: 2020 presidential election, offsetting behaviour, The fatal conceit, unintended consequences
Must-Watch Video From Reason TV on How Free Markets – not Obamacare – Can Solve the Healthcare Mess
16 Dec 2019 Leave a comment
in health economics, industrial organisation, Public Choice, public economics Tags: health insurance
When I travel, particularly overseas, I run into a lot of people who are totally confused about the American healthcare system.
For all intents and purposes, they think the United States relies on the free market and that government (at least in the pre-Obamacare era) was largely absent.
When explaining how government has screwed up private health insurance, I talk about third-party payer and how genuinely private insurance works for home ownership and automobiles. And I cite examples of genuine free markets for cosmetic surgery and even (regardless of your views) abortion.
But from now on, I think I will simply tell people to watch this superb video…
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Walter E. Williams: Government, The Market, and Minorities
16 Dec 2019 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, discrimination, economic history, economics of education, entrepreneurship, health economics, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, privatisation, survivor principle, unemployment, welfare reform Tags: racial discrimination
Utopia, you are standing in it! 
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