Richard Epstein on Cruises, First-Class Travel, and Inequality 6/27/2016
26 Apr 2020 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of information, industrial organisation, law and economics, Richard Epstein, survivor principle, theory of the firm
Is @BernieSanders right? Is there a difference between socialism and communism?
24 Apr 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 regulation, growth disasters, income redistribution, industrial organisation, labour economics, labour supply, law and economics, liberalism, libertarianism, Marxist economics, privatisation, property rights, Public Choice, rentseeking, survivor principle Tags: economics of central planning, fall of communism, regressive left, The fatal conceit
A Conversation with Harold Demsetz
22 Apr 2020 Leave a comment
in applied price theory, Armen Alchian, comparative institutional analysis, economic history, economics of bureaucracy, economics of information, economics of regulation, entrepreneurship, environmental economics, financial economics, George Stigler, health economics, history of economic thought, industrial organisation, law and economics, property rights, Public Choice, resource economics, Richard Posner, Ronald Coase, Ronald Coase, Ronald Coase, survivor principle, theory of the firm, transport economics, urban economics
Jason Brennan: Fake Socialism vs. Real Capitalism
20 Apr 2020 Leave a comment
in Adam Smith, applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of education, economics of regulation, entrepreneurship, growth disasters, growth miracles, health and safety, history of economic thought, human capital, industrial organisation, labour economics, labour supply, law and economics, liberalism, libertarianism, Marxist economics, Milton Friedman, politics - USA, poverty and inequality, property rights, Public Choice, survivor principle Tags: Age of Enlightenment, capitalism and freedom, The Great Escape
Alfred Marshall on state ownership
17 Apr 2020 Leave a comment
in Alfred Marshall, applied price theory, comparative institutional analysis, economics of bureaucracy, history of economic thought, industrial organisation, law and economics, managerial economics, market efficiency, organisational economics, personnel economics, privatisation, property rights, Public Choice, public economics, survivor principle Tags: offsetting behaviour, state ownership, The fatal conceit, unintended consequences
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
Utopia, you are standing in it! 
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