
Dynamic scoring of the Trump tax cuts
25 Dec 2019 Leave a comment
in applied price theory, applied welfare economics, budget deficits, econometerics, economic growth, economics of education, entrepreneurship, fiscal policy, human capital, industrial organisation, labour economics, labour supply, macroeconomics, politics - USA, Public Choice, public economics Tags: 2020 presidential election, taxation and entrepreneurship, taxation and investment, taxation and labour supply, taxation and savings

Pocahontas is on the warpath against freeloading billionaires @SenWarren
24 Dec 2019 Leave a comment
in economic history, entrepreneurship, human capital, income redistribution, industrial organisation, labour economics, labour supply, Marxist economics, occupational choice, politics - USA, Public Choice, public economics, survivor principle Tags: 2020 presidential election, envy, taxation and entrepreneurship, taxation and investment, taxation and labour supply, top 1%

Deirdre McCloskey delivers Fourteenth Annual Hayek Lecture
23 Dec 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of regulation, entrepreneurship, financial economics, history of economic thought, industrial organisation, international economics, labour economics, law and economics, liberalism, libertarianism, Marxist economics, property rights, Public Choice, public economics Tags: Age of Enlightenment, The Great Enrichment
Capitalism and Millennials: The 2018 James Q. Wilson Lecture
22 Dec 2019 Leave a comment
in comparative institutional analysis, constitutional political economy, economic history, economics of education, economics of information, economics of regulation, entrepreneurship, environmental economics, history of economic thought, human capital, income redistribution, industrial organisation, international economics, labour economics, labour supply, law and economics, Public Choice, rentseeking, survivor principle Tags: pessimism bias
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.
So they are baffled when I tell them that nearly one-half of all health expenditures in America are directly financed by taxpayers and that the supposedly private part of our healthcare system is massively distorted by government interference and intervention.
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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