
I’m tired of freeloading billionaires. It's time for the top 1% to chip in their fair share so everyone has a chance to succeed. #DemDebate pic.twitter.com/sWWGwxrP9y
— Elizabeth Warren (@ewarren) November 21, 2019
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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%

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
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
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
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
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
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
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…
View original post 238 more words
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
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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