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Blog Profile / EconLog

Filed Under:Business & Finance / Economics
Posts on Regator:8188
Posts / Week:24.5
Archived Since:March 2, 2008

Blog Post Archive

How I Teach When I Really Want My Students to Learn

(July 3, 2014 12:20 AM, by Bryan Caplan) A month ago, my eleven-year-old sons still didn't know how to tie their shoes. I volunteered to teach them. As a professional educator, I was tempted to teach shoe-tying the same way I teach econ: With a scintillating lecture. Since... (0 COMMENTS)

You Nasty Creators of Consumer Surplus

(July 2, 2014 04:01 PM, by David Henderson) Longtime partners Alaska Air Group Inc. and Delta Air Lines Inc. are slugging it out in a battle for Seattle that is turning into one of the U.S. airline industry's nastiest turf wars in years. So reads the opening paragraph... (0 COMMENTS)

Mr. Krugman's peculiar post

(July 2, 2014 02:00 PM, by Scott Sumner) Paul Krugman seems annoyed by the recent modest success of market monetarism, at least in terms of becoming part of the discussion. But the post contains only one tiny critique of our actual policies: I don't buy this on the... (0 COMMENTS)

IFWE on Hobby Lobby and the False Divide Between Sacred and Secular

(July 2, 2014 11:45 AM, by Art Carden) I wear a hat as a Senior Research Fellow for the Institute for Faith, Work, and Economics. In the last several days, IFWE has run a few pieces on their blog that have really stood out to me in light... (0 COMMENTS)

21 Short Claims About Political Motivation

(July 2, 2014 12:08 AM, by Bryan Caplan) Yesterday I wrote:If you want lots of X, but are too ignorant to evaluate X's indirect effects, you probably just really love X. If you want lots of ice cream, but are too ignorant to evaluate ice cream's effect on... (0 COMMENTS)

Psychohistory and Changing One Event: What if Franz Ferdinand Hadn't Been Shot?

(July 1, 2014 09:00 PM, by Art Carden) While procrastinating earlier (yes, I admit it), I came across a question from LearnLiberty: If you could change the outcome of one major world event, what would it be and why? I had just been thinking about this in light... (0 COMMENTS)

San Francisco: America's Largest Gated Community

(July 1, 2014 03:26 PM, by David Henderson) Reinham Salam has an excellent article on Slate. I don't like the title, "Selfish, Selfish San Francisco." No, it's not the objection you might expect from an Ayn Rand admirer: my objection to Slate's use of the word "selfish." My... (0 COMMENTS)

Liberal Authoritarianism

(July 1, 2014 12:07 PM, by Bryan Caplan) Critics often view liberals as deeply authoritarian. Most liberals naturally object to this unflattering claim. Critics notwithstanding, liberals don't relish using the power of government. They don't have a raw preference for forcing everyone live their way. Instead, liberals maintain,... (0 COMMENTS)

Who Caused the August 1990 Spike in Oil Prices?

(June 30, 2014 02:57 PM, by David Henderson) Who caused the August 1990 spike in oil prices? If you learned that someone had reduced the supply of oil substantially just before the spike, wouldn't you think that that someone caused the price increase? You might think that I'm... (0 COMMENTS)

The Majesty of the Law: Rules Aren't Good Just Because They're Rules

(June 30, 2014 11:45 AM, by Art Carden) I'm sure most parents know the horror one feels when one's young child decides to give public nudity a whirl. I was a bit surprised and concerned when I read this from Reason: "Kindergartener Pulls Down Pants, Forced to Sign... (0 COMMENTS)

Remembering Ken Minogue

(June 30, 2014 05:01 AM, by Alberto Mingardi) On June 28 one year ago, Kenneth Minogue, Emeritus Professor of Political Science of Political Science at the London School of Economics, passed away on a plane flying between the island of San Cristobal, in the Galapagos arcipelago, and... (0 COMMENTS)

Does Bad Science Always Lead to Bad Policy?

(June 29, 2014 12:56 PM, by David Henderson) Mac McCann, on, writes: Texas has a lot of things to be proud of. The Republican Party of Texas, however, is not one of them. Turns out everything really is bigger down in Texas, including our embarrassments. He then... (0 COMMENTS)

Poverty and "enterprise facilitators"

(June 29, 2014 07:01 AM, by Alberto Mingardi) Ernesto Sirolli once worked in the industry of foreign aid - but soon realised he was far from having the impact he dreamt about. In this remarkable TED talk he explains his first hand experience with the sort of attitudes... (0 COMMENTS)

When is nominal GDP targeting optimal?

(June 28, 2014 04:00 PM, by Scott Sumner) Commenter Felipe sent me to an interesting Jeffrey Frenkal post on NGDP targeting: There are good reasons to think that NGDP targeting is better suited to emerging and developing economies than to industrialized countries. These economies are more frequently subject... (0 COMMENTS)

Henderson on Thaler and Sunstein

(June 28, 2014 01:59 PM, by David Henderson) Another issue on which TS [Thaler and Sunstein] are silent--and should not be--is the issue of income tax withholding. The U.S. federal government moved to withholding during World War II because that was when it changed the income tax from... (0 COMMENTS)

Why Can't We Be More Like Europe? Military Spending Edition

(June 27, 2014 11:45 AM, by Art Carden) Why can't the US be more like Europe? Why can't we have decent economic growth and an extremely generous welfare state? Here's one reason: we spend an enormous amount of money on the military. Wikipedia's "List of Countries by Military... (0 COMMENTS)

Setting the Record Straight on George Will

(June 27, 2014 10:44 AM, by David Henderson) The wife of a friend of mine wrote a letter to a local publication, the Monterey County Weekly, in which she badly misquoted George Will's recent statement in a column about victimization on campus. My reply to her letter was... (0 COMMENTS)

Shall business defend "capitalism"?

(June 26, 2014 06:01 PM, by Alberto Mingardi) John McTernan, a former political secretary toâ??Tonyâ??Blair, had an interesting article in the FT. He urges "British businesses urgently need to become actively involved in politics". Mr McTernan is actually urging companies to join the debate on Scotland and the... (0 COMMENTS)

Piketty on "merit"

(June 26, 2014 11:50 AM, by Scott Sumner) One thing I noticed while reading Thomas Piketty's new book was the topics that were not covered; progressive consumption taxes, Singapore (or indeed any of the 4 Asian "tiger economies"), and the link (if any) between ethnicity and great wealth.... (0 COMMENTS)

Don Boudreaux on the Hockey Stick of Human Prosperity

(June 26, 2014 11:45 AM, by Art Carden) Don Boudreaux of George Mason University and Cafe Hayek offers a short discussion of the explosion in standards of living over the last few centuries, courtesy of Marginal Revolution University:... (0 COMMENTS)

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