Saez and Zucman are rather blase about the impact of wealth taxes on innovation. Encourage innovation then tax away succesful innovators!
25 Oct 2019 Leave a comment
in applied price theory, entrepreneurship, income redistribution, industrial organisation, Marxist economics, politics - USA, Public Choice, public economics, rentseeking, survivor principle Tags: 2020 presidential election, endogenous growth theory, envy, superstars, top 1%, wealth taxes
Would a “Wealth Tax” Help Combat Inequality? A Debate with Saez, Summers, and Mankiw
20 Oct 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of education, entrepreneurship, financial economics, human capital, income redistribution, industrial organisation, labour economics, labour supply, Marxist economics, occupational choice, politics - USA, poverty and inequality, Public Choice, public economics, rentseeking, survivor principle Tags: envy, superstar wages, superstars, taxation and entrepreneurship, taxation and investment, taxation and labour supply, top 1%, wealth taxes
Angus Deaton Understanding and misunderstanding randomized controlled trials
16 Oct 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, econometerics, economics of bureaucracy, economics of crime, economics of education, economics of information, growth disasters, health economics, labour economics, labour supply, law and economics, managerial economics, organisational economics, personnel economics, Public Choice, public economics, theory of the firm Tags: offsetting behaviour, The fatal conceit, The pretence to knowledge, unintended consequences
Deirdre McCloskey on why liberalism works
16 Oct 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, economics of education, economics of regulation, entrepreneurship, growth disasters, growth miracles, health economics, human capital, income redistribution, industrial organisation, international economics, labour economics, law and economics, macroeconomics, Marxist economics, poverty and inequality, property rights, Public Choice, public economics, Rawls and Nozick, rentseeking, survivor principle Tags: The Great Enrichment
Tirole on the difficulties of network and utility regulation. Tradeoff between high cost, low profit firms v. low cost, high profit firms
16 Oct 2019 Leave a comment
Colonialism and Modern Income: Islands as Natural Experiments by James Feyrer and Bruce Sacerdote
11 Oct 2019 Leave a comment
in comparative institutional analysis, constitutional political economy, defence economics, development economics, economic history, economics of bureaucracy, economics of crime, economics of education, economics of regulation, growth disasters, growth miracles, human capital, income redistribution, industrial organisation, international economic law, International law, law and economics, property rights, Public Choice, public economics, rentseeking Tags: Age of Discovery, age of empires, Age of exploration, British empire, economics of colonialism
William Nordhaus on DICE, PAGE and FUND not modelling tipping points
10 Oct 2019 Leave a comment
in applied welfare economics, econometerics, energy economics, environmental economics, global warming, public economics
V.V. Chari testifies on modern macroeconomics and information prerequisites to predicting the GFC
09 Oct 2019 Leave a comment
Progress and Incidence: The incidence of a capital-income tax
08 Oct 2019 Leave a comment
in applied price theory, income redistribution, labour economics, labour supply, Public Choice, public economics Tags: tax incidence
You do wonder why @mfe_news @jamespeshaw are so aggressively ignorant of Nordhaus and climate clubs?
05 Oct 2019 Leave a comment
Mankiw on wealth taxes
03 Oct 2019 Leave a comment
in applied price theory, fiscal policy, income redistribution, macroeconomics, politics - USA, Public Choice, public economics Tags: 2020 presidential election, envy, taxation and entrepreneurship, taxation and investment
Time to dial up the rhetoric. Declaring a #ClimateEmergency has not done the trick yet to persuade voters to overcome their hip-pocket nerve
29 Sep 2019 Leave a comment
in energy economics, environmental economics, global warming, politics - USA, Public Choice, public economics Tags: 2020 presidential election, climate alarmism
Utopia, you are standing in it! 
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