.@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
Hayek (1950) on why the current stimulus will fail
18 Mar 2020 Leave a comment
in Austrian economics, business cycles, economic history, economics of information, F.A. Hayek, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, occupational choice, Public Choice, public economics Tags: fiscal policy, Keynesian macroeconomics

What is a regulatory taking?
16 Mar 2020 Leave a comment
in comparative institutional analysis, constitutional political economy, economics of bureaucracy, economics of regulation, income redistribution, law and economics, politics - USA, property rights, Public Choice, public economics, rentseeking Tags: constitutional law, regulatory taking
@BernieSanders @AOC
13 Mar 2020 Leave a comment
in income redistribution, politics - USA, Public Choice, public economics Tags: 2020 presidential election, taxation and entrepreneurship, taxation and investment, taxation and labour supply, top 1%

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

Does real business cycle theory ignore depressions?
10 Mar 2020 Leave a comment
in budget deficits, business cycles, econometerics, economic growth, economic history, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, labour economics, labour supply, macroeconomics, monetarism, monetary economics, public economics, Robert E. Lucas Tags: real business cycle theory

The great contraction in safe collateral
09 Mar 2020 Leave a comment
in business cycles, economic history, economics of information, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great recession, law and economics, macroeconomics, monetary economics, property rights, Public Choice, public economics Tags: adverse selection, asymmetric information, efficient markets hypothesis, moral hazard









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