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Blog Profile / EconLog

Filed Under:Business & Finance / Economics
Posts on Regator:8482
Posts / Week:24.2
Archived Since:March 2, 2008

Blog Post Archive

Carbon Taxes: The Tax Interaction Effect

(November 24, 2014 12:50 PM, by David Henderson) Robert P. Murphy, one of the economists who writes frequently for Econlib, has published a number of pieces on the "tax interaction effect." He has recently published another that is well worth reading. Before getting to his article, here's some... (0 COMMENTS)

Mexican Drug Warriors Disguise Themselves as U.S. Marines for Operations in the United States

(November 24, 2014 03:11 AM, by David Henderson) Mexican Justice Department personnel are disguising themselves as U.S. Marines to take part in armed raids against drug suspects in the United States, according to people familiar with the matter, an escalation of Mexican involvement in battling drug cartels that... (0 COMMENTS)

Zycher on Gruber

(November 23, 2014 12:03 PM, by David Henderson) When L'Affaire Gruber began two weeks ago, Tyler Cowen challenged us to stick to discussing Gruber's economics rather than his personal failings. I took up the challenge here, pointing out that Gruber's willingness to mislead could explain what looked like... (0 COMMENTS)

The smart against the dumb: The new Cold War

(November 22, 2014 02:15 PM, by Scott Sumner) Consider the following story: A suicide bomber has killed at least 48 students at a high school assembly in northeastern Nigeria, witnesses say.... The region has been in the grip of fighting between government forces and Boko... (0 COMMENTS)

Paul Krugman: David Henderson Was Right

(November 22, 2014 10:44 AM, by David Henderson) Ok, Krugman didn't say that; he didn't mention my name. But that's Krugman's MO. He has stated explicitly before--I can't find the link quickly--that he doesn't want to mention the names of people he takes issue with because that would... (0 COMMENTS)

Herbert Spencer on Amazon (and Uber)

(November 22, 2014 07:09 AM, by Alberto Mingardi) I've been re-reading some of Herbert Spencer's works, for a LibertyMatters discussion that began with a very insightful article of George H. Smith. In Spencer's The Study of Sociology I've stumbled upon this rather amusing quotation that I'd like to... (0 COMMENTS)

The Lawful Neutral Case for Deferred Action

(November 21, 2014 11:52 AM, by Bryan Caplan) If life were classic Dungeons & Dragons, many opponents of immigration would be Lawful Neutral. The law is the law; good or bad, everyone has to obey the rules. In his defense of Obama's deferred action policy, Ilya Somin points... (0 COMMENTS)

EconLog Guest Stint #2 Ends This Month: Requests?

(November 21, 2014 11:45 AM, by Art Carden) My second guest stint with EconLog ends this month. I have about a week left and will take requests: what would you like to read about?... (0 COMMENTS)

On the Complexity of the World

(November 21, 2014 12:06 AM, by Bryan Caplan) Confession: I have been enamored of extreme policies for as long as I can remember. When I was around ten years old, for example, I decided that all smokers should be summarily executed. Adults' attempts to rebut my visionary proposals... (0 COMMENTS)

Two Cheers at Least for Some Politicians

(November 20, 2014 06:34 PM, by David Henderson) I rarely disagree with Don Boudreaux about any economic, political, or moral issue and so in those rare cases where I do disagree, it's probably worth noting. Here's one. In a post in September, I talked about which U.S. presidents... (0 COMMENTS)

I Keep Returning to This Book...

(November 20, 2014 09:36 AM, by Art Carden) If you judge a book's quality by how frequently you come back to it or think about it, Daniel Klein's Knowledge and Coordination: A Liberal Interpretation is a very good book. I keep pulling it off the shelf for different... (0 COMMENTS)

A Nice Quote for Obama's Immigration Address

(November 20, 2014 12:18 AM, by Bryan Caplan) "I want to ask a question. What is a loophole? If the law does not punish a definite action or does not tax a definite thing, this is not a loophole. It is simply the law. Great Britain does not... (0 COMMENTS)

The Bottom Line on DACA

(November 20, 2014 12:05 AM, by Bryan Caplan) When the Deferred Action for Childhood Arrivals policy was announced in 2012, I repeatedly heard that two million would benefit. The bottom line has been far smaller: as of March 2014, 673,000 requests were filed, and just 553,000 approved. I... (0 COMMENTS)

The New Brownsville U-Turn

(November 19, 2014 09:59 AM, by David Henderson) I flew into the Corpus Christi airport late last night and waited in line for my rental car. Behind me was a young dark-skinned man who appeared to be from India and he was shouting in a foreign language--Hindi, I... (0 COMMENTS)

Kakha Bendukidze, RIP

(November 19, 2014 08:05 AM, by Alberto Mingardi) On November 13, Kakha Bendukidze passed away in London,a result of a cardiac problem. I'd gotten to know Kakha a bit over the years, as he frequently participated in seminars organised by Istituto Bruno Leoni in Italy (my colleague Carlo... (0 COMMENTS)

No, low interest rates do not call for more public investment

(November 16, 2014 01:01 PM, by Scott Sumner) No matter how hard I try, I can't stop economists from reasoning from price changes. Now I'm seeing more and more economists claiming that at low interest rates we should do more public investment. In fact, there is no necessary... (18 COMMENTS)

Intertemporal Corruption

(November 19, 2014 12:04 AM, by Bryan Caplan) When I was an undergrad at UC Berkeley, there was an informal norm about professors dating their students: Just wait until after the final exam. Professors dating their current students? A recipe for corruption. Professors dating their recent students? Only... (4 COMMENTS)

Sticky wages and sticky fed funds rates

(November 18, 2014 12:00 PM, by Scott Sumner) Here's another post in my favorite theme, cognitive illusions. Let's start with sticky wages, the easier concept. Suppose hourly nominal wage rates for many workers are renegotiated every 12 months. Also suppose the economy is in equilibrium and nominal wages... (6 COMMENTS)

The Margins of Moral Weaseling

(November 17, 2014 12:09 AM, by Bryan Caplan) Chris Hallquist's recent post begins with a critique of my "Against Human Weakness." Chris:The problem is that once you've committed to "do the right thing all day, every day," you've given yourself a powerful incentive to rationalize whatever you do... (8 COMMENTS)

Bechhofer Immigration Bet

(November 18, 2014 12:01 AM, by Bryan Caplan) If I were in Obama's shoes, I'd give life-long deferred action to every illegal immigrant, past, present, and future. I'd also immediately pardon all 20,000+ of the people in federal prison for immigration offenses. But to belabor the obvious, Obama... (12 COMMENTS)

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