Debate: Abolish Banking Insurance?
10 Nov 2021 Leave a comment
in applied price theory, applied welfare economics, business cycles, economic history, economics of bureaucracy, financial economics, great depression, Ludwig von Mises, monetary economics, Public Choice Tags: deposit insurance, moral hazard
How do you align the incentives of sea captains transporting criminals to Australia with those of the public?
06 Jun 2021 Leave a comment
in applied price theory, Armen Alchian, comparative institutional analysis, economics of information, financial economics, history of economic thought, industrial organisation, labour economics, labour supply, law and economics, managerial economics, market efficiency, organisational economics, personnel economics, property rights, Ronald Coase, survivor principle, theory of the firm Tags: adverse selection, asymmetric information, incentive compatibility, moral hazard
Oklahoma Doctors vs. Obamacare
03 Dec 2020 Leave a comment
in applied price theory, economics of bureaucracy, economics of information, health economics, industrial organisation, managerial economics, organisational economics, personnel economics, politics - USA, Public Choice, theory of the firm Tags: adverse selection, asymmetric information, health insurance, moral hazard, self-selection
David Lee Roth tells the story behind the “no brown M&Ms” legend
09 Oct 2020 Leave a comment
in entrepreneurship, managerial economics, Music, organisational economics Tags: asymmetric information, moral hazard
Adam Smith and religion
21 Aug 2020 Leave a comment
in Adam Smith, comparative institutional analysis, David Friedman, economics of education, history of economic thought, human capital, industrial organisation, labour economics, labour supply, occupational choice, poverty and inequality, property rights Tags: moral hazard, signaling
JPE 1988
Bryan Caplan – education is signaling
20 Jun 2020 Leave a comment
in economics of education, economics of information, human capital, labour economics, labour supply, occupational choice, personnel economics Tags: adverse selection, asymmetric information, moral hazard, screening, signaling
Unemployment rate in Georgia is 40%
25 May 2020 Leave a comment
in economics of bureaucracy, health economics, income redistribution, labour economics, labour supply, macroeconomics, politics - USA, Public Choice, public economics, rentseeking, unemployment Tags: 2020 presidential election, economics of pandemics, moral hazard, unemployment insurance
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
Caballero on the great safe collateral contraction
27 Feb 2020 Leave a comment
in budget deficits, business cycles, currency unions, economic growth, economic history, entrepreneurship, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great recession, international economics, law and economics, macroeconomics, monetary economics, property rights, Public Choice Tags: adverse selection, asymmetric information, monetary policy, moral hazard, self-selection, sovereign debt crises, sovereign defaults

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