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Category Archive for 'G-J'

It is obviously extremely hard to pin down a solid figure for how many people are going to be displaced due to the challenges posed by a warming planet. But virtually every publication I have read on the challenges of global warming rank the issue of “climate refugees” as both a serious political and economic […]

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Selling the Dream

Realtors are quite well known for trying to make their properties sound good, and use language and discuss amenities that potential customers find attractive. If inequality were such a huge concern, how come we don’t see reports of Gini Coefficients in real estate listings, or some other such similar measures? Now, sure, this is my […]

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Unquestionably it is the case that offering financial incentives can, and does, undermine motivation for certain behaviors. Not to be too crude, but if I offered my wife $100 in order to have her cook me dinner, she’d probably be less likely to do it than if we had planned something together. You can imagine […]

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Not So Great

Here in the Sugarlands Visitor Center at the Great Smoky National Park we see: I love that there is a nearly empty collection box. The park tries to collect small amounts of fees by selling trail maps and wildflower and wildlife guides, but at $1 a pop that is probably barely enough to cover the […]

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In thinking about arguments that I have heard made against the NSA’s PRISM program (this program is basically the limitless power the NSA seems to be exercising in collecting an ungodly amount of information, without warrant, from all Americans’ use of the internet), a little conundrum came to mind. One of the things the NSA […]

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Happy May Day

My thought for today … when I mention that this is a sad day, rather than engaging with the reality of socialism’s century of mass murder, I get something like, “but capitalists sell weapons to profit from war.” OK, sure. (1) Who fights wars? (2) Who sold Che Guevara his weapons? Capitalists also sell beer […]

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Hobgoblins

I have written this a zillion times before … but I have been in and around economics since 1993, and never in my entire career have I had a teacher or article or book teach me about “trickle down” economics. This is a perjorative term conjured from the ether by anti-market proponents, and the strawiest […]

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As you ponder the inane debates about tax “reform” (i.e. deck chairs and symbolism), suppose you take the work of Martin Feldstein seriously. He has previously estimated that the dead weight loss in an economy due to taxation would be up to 30% of the size of the tax take. Now, I suspect the direct […]

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I will preface this again by arguing that universities, when they are not functioning like kindergartens, are still a shining example of US excellence, sources of research and learning and hopefully positive spillovers, and we probably want to not destroy that. That said, redistributing priorities within many universities is probably in order and this tax […]

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Somehow, I do not think that even the current train wreck of both our actual political governance and our political discourse will encourage anyone to actually question whether government should be as big, powerful and as expansive as it is. As one of my favorite Twitter feeds now reminds me, “Eat Arby’s.”

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