Celebrating humanity's flourishing through the spread of capitalism and the rule of law
09 Aug 2015 Leave a comment
in applied welfare economics, energy economics, environmental economics, global warming, politics - USA, Public Choice, rentseeking Tags: coal power, electric cars, green rent seeking, hydroelectric power, nuclear energy, nuclear power, offsetting behaviour, The fatal conceit, The pretense to knowledge, unintended consequences
via Economist’s View.
08 Aug 2015 Leave a comment
in Euro crisis, job search and matching, labour economics, macroeconomics, minimum wage, unemployment Tags: employment law, equilibrium unemployment rates, Eurosclerosis, expressive voting, labour market regulation, natural unemployment rate, offsetting behaviour, rational irrationality, unintended consequences
04 Aug 2015 Leave a comment
in labour economics, minimum wage, politics - USA, unemployment Tags: aggressive voting, antimarket bias, living wage, offsetting behaviour, rational ignorance, rational irrationality, The fatal conceit, The pretence to knowledge, unintended consequences
Does a higher minimum wage really reduce employment? econ.st/1gp4Jbs http://t.co/WGMZGLKHmI—
The Economist (@EconBizFin) July 30, 2015
30 Jul 2015 1 Comment
in economics of crime, law and economics, transport economics Tags: crime and punishment, law and order, law enforcement, police, trade-offs, unintended consequences
High-speed police chases kill 330 people per year, one-third of whom are innocent bystanders: priceonomics.com/the-case-for-b… http://t.co/uFmzxgcplk—
Zachary Crockett (@zzcrockett) July 22, 2015
18 Jul 2015 Leave a comment
in economics of regulation, politics - USA, urban economics Tags: expressive voting, offsetting behaviour, rational ignorance, rational irrationality, rent control, The fatal conceit, The pretence to knowledge, unintended consequences
10 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, econometerics, income redistribution, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking Tags: activists, British economy, British politics, do gooders, expressive voting, living wage, rational ignorance, rational irrationality, The fatal conceit, The pretence to knowledge, unintended consequences
Do Living Wage advocates realise it helps richer households more than poorer ones? My take: telegraph.co.uk/finance/budget… … http://t.co/YPTB6v7tSB—
Fraser Nelson (@FraserNelson) July 10, 2015
30 Jun 2015 Leave a comment
in economics of crime, economics of education, economics of regulation, entrepreneurship, health economics, industrial organisation, law and economics, survivor principle Tags: black markets, economics of prohibition, entrepreneurial alertness, food, nanny state, police, The fatal conceit, unintended consequences
26 Jun 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economics of crime, economics of media and culture, economics of regulation, law and economics, liberalism, politics - New Zealand, Public Choice Tags: chilling effect, disorderly conduct, free speech, infotopia, Internet trolls, meddlesome preferences, nanny state, offsetting behaviour, The fatal conceit, The pretence to knowledge, unintended consequences
26 Jun 2015 Leave a comment
in applied price theory, economics of regulation, health economics, politics - USA Tags: meddlesome preferences, nanny state, offsetting behaviour, The fatal conceit, The pretence to knowledge, unintended consequences
Starting in 2012, the University of Vermont began a process of requiring that all campus locations selling beverages provided 30% “healthy” beverages, and then that all locations phases out all sales of bottled water.
There were two hope: 1) reduced use of bottles, when bottled water was no longer available, and 2) that healthier beverages would be consumed.
The orange line that drops to zero shows bottled water being phased out. The rising line at the top shows the rise in sugar-sweetened beverages. The red line in the middle that rises sharply shows the rise in sugar-free beverages.
via CONVERSABLE ECONOMIST: Banning Bottled Water: Unintended Consequences.
19 Jun 2015 1 Comment
in applied price theory, economics of crime, economics of regulation, law and economics, politics - USA Tags: game theory, gun control, John Lott, mass public shootings, offsetting behaviour, read killers, The fatal conceit, The pretence to knowledge, unintended consequences
15 Jun 2015 Leave a comment
in economics of bureaucracy, economics of crime, law and economics, politics - USA, Public Choice Tags: capital punishment, crime and punishment, criminal deterrence, The fatal conceit, The pretence to knowledge, unintended consequences
15 Jun 2015 Leave a comment
in economics of media and culture, economics of regulation, politics - USA, Public Choice Tags: 2016 presidential election, campaign finance regulation, offsetting behaviour, The fatal conceit, The pretence to knowledge, unintended consequences
27 May 2015 2 Comments
in discrimination, economics of regulation, gender, labour economics, occupational choice Tags: gender wage gap, maternity leave, offsetting behaviour, The fatal conceit, The pretence to knowledge, unintended consequences
The best part of the article is its frank admission about how bare the cupboard is in dealing with the impact of generous maternity leave on the gender gap. Maternity leave should not be too generous, should not be paid by employers but by taxpayers, and should extend to both men and women.
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