Homines libenter quod volunt credunt
Posted in Inequality, Standards of Living on Sep 2nd, 2014
This article from the Wonkblog (the Vox folks’ old stomping grounds) argues that America has a growing food inequality problem. Let’s not dispute that claim. With growing income inequality it would not at all be surprising to see consumption inequality follow-suit, even if you expect it to be less dramatic. But awkwardly, the article vaguely references […]
Posted in Disingenuous on Sep 2nd, 2014
Today is our first day of classes. I used to be excited about it, and now it is just a giant pit in my stomach. For the record, just so it doesn’t have to be imagined anymore in other classrooms and by people who have never so much as said hello to me: I support the […]
Posted in Methodology, Taxation on Sep 2nd, 2014
This research paper hit my desk this morning: Positive Long Run Capital Taxation: Chamley-Judd Revisitedby Ludwig Straub, Ivan Werning – #20441 (EFG PE)Abstract:According to the Chamley-Judd result, capital should not be taxed inthe long run. In this paper, we overturn this conclusion, showingthat it does not follow from the very models used to derive them.For […]
Posted in Economic Illiteracy on Sep 2nd, 2014
Was walking in front of a shop the other day when I saw a pretty tacky piece of memorabilia for sale. Even my own initial response was, “anything for a buck!” So what? I think I should have changed my sentence to, “someone somewhere thought a customer might be willing to give me more of […]
