Eamonn Butler on the knowledge problem
31 Mar 2020 Leave a comment
in Austrian economics, comparative institutional analysis, economics of bureaucracy, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, law and economics, managerial economics, organisational economics, property rights, Public Choice, survivor principle Tags: offsetting behaviour, The fatal conceit, The pretence of knowledge, unintended consequences
Coronavirus: Do socialists understand socialism?
29 Mar 2020 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of information, economics of regulation, entrepreneurship, growth disasters, growth miracles, income redistribution, industrial organisation, law and economics, liberalism, libertarianism, Marxist economics, Public Choice, public economics, rentseeking, survivor principle Tags: economics of pandemics
How The Ford Model T Took Over The World
26 Mar 2020 Leave a comment
in economic history, entrepreneurship, industrial organisation, managerial economics, organisational economics, personnel economics, survivor principle Tags: mass production
.@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
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