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Category Archive for 'Economic Illiteracy'

Who wants to bet? Another “scientific” claim is that global warming and our profilgate selves will cause us to run out of chocolate. We won’t. My prediction is not only will be not run out, but global chocolate prices 30 years from now will be lower than they are today, and more people will be […]

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As usual, my colleague Steve Landsburg provides spot on and clear-headed analysis of the Gruber-Gate “scandal” … here is a bit: If the voters favor a law that says all drivers must be licensed, but oppose a law that says nobody without a license is allowed to drive, then I don’t think it’s immoral to […]

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I’m running off to my environmental economics class, so can’t spend time on this. But if we are nominating pieces of journalism in economics for the “top 10″ worst articles of the year, this would surely be a candidate. A little sliver: Because lists of “repetitive loss” properties are maintained by cities and counties, rather […]

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Once again, let’s line up along our ideological preferences and use those to masquerade as real economics. Those who are in favor of net neutrality may seem to be doing so because the term “neutrality” seems to indicate “fairness” or even “correct.” Of course, the entire point of any economic system is to treat different users […]

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Let’s accept two common arguments: If we have unfettered domestic capitalism, such as is claimed exists within the United States, over time you will see the rich get richer and the poor get poorer. If we have unfettered global capitalism, such as that which manifests itself in free trade around the world, you should be worried […]

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From today’s news: The WSJ reports that for profit meat companies are changing their game as they respond to shifting demand for “organic food”.   A direct quote about the power of free market environmentalism; “Brandon Glenn had already gone further. Not at the behest of the government, but of a meat company for which he […]

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As an unbiased paragon of science, I have scoured the professional economics literature to find out that despite college tuitions increasing at twice the rate of inflation for the past three decades, and despite the fact that college tuition as a share of median household income has more than doubled over this time period, that […]

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The Earth was not created and does not change just so that humans are comfortable. The entire human challenge is to figure out ways to remain resilient in the presence of a hostile planet, and to make ourselves as adaptable to what the Earth has to offer us. That means in other words that the […]

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A single dose malaria cure. #GlobalWarmingCatastrophe

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I’ve long maintained that we ought to respect people and their ideas in the most charitable light possible. At first, of course. But when naked cluelessness or malefescence is apparent, all bets are off. I’ve also long maintained that one of the “markers” of someone who is talking about religion and not economics, is to see […]

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