Homines libenter quod volunt credunt
Posted in If I Really Hated the Poor ... on Mar 22nd, 2013
So, the WSJ just reported that the Senate has voted overwhelmingly (79-20) to repeal the Medical Device Tax that was part of ObamaCare. This included the votes from among the Bluest of Blue Staters: Here’s Mr. Franken: “The industry is being punished for its innovation and growth.” Or as Ms. Klobuchar put it, “The tax […]
Posted in Economics Problems, incentives, Methodology, Politics on Mar 22nd, 2013
What can the economics of altruism inform us about why we might hold particular political beliefs? Lots, I think. Let’s assume for simplicity that altruism is an act or emotion that provides no benefit to oneself and which redounds exclusively to someone else. Some may go so far as to suggest that true altruism must […]
