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Blog Profile / EconLog


URL :http://econlog.econlib.org/
Filed Under:Business & Finance / Economics
Posts on Regator:8273
Posts / Week:24.4
Archived Since:March 2, 2008

Blog Post Archive

Data Bleg: Accident Rates for Ride-Sharing Services?

(August 4, 2014 11:45 AM, by Art Carden) I've decided to include a few pages about ride-sharing and regulation in a project I'm working on, and I thought I'd reach out to EconLog readership for assistance: does anyone have a good lead on traffic accident rates for ride-sharing... (0 COMMENTS)

Lame Excuses: What's Wrong With the Adversarial System

(August 4, 2014 11:07 AM, by Bryan Caplan) Mike Huemer, my favorite philosopher, has a new working paper on the ethics of legal advocacy. Lawyering may never be the same, for Mike challenges the central dogma of the adversarial system: Lawyers should use all legal means to help... (0 COMMENTS)

Today's Necessary Skills, Tomorrow's Hobbies: From the Comments

(August 4, 2014 04:45 AM, by Art Carden) Last week, I asked which essential skills will someday be obsolete. From the comments, it looks like there's a clear consensus on cooking. I expect my kids' generation will cook the way my generation sews: as a hobby. I wouldn't... (0 COMMENTS)

You Know You're an Economist When . . .

(August 3, 2014 02:50 PM, by David Henderson) It was an obvious evolutionary step. As pasteurization, refrigeration, and an efficient network of rail lines developed, so did national brewing companies. This is from Daniel Okrent, Last Call: The Rise and Fall of Prohibition, which I blogged about last... (0 COMMENTS)

Think tanks, idea factories no more?

(August 3, 2014 07:01 AM, by Alberto Mingardi) Robert J. Samuelson has an interesting, and rather pessimistic, piece on "the future of think tanks". Samuelson deals specifically with the Heritage Foundation, particularly because Stuart Butler, for 35 years a senior researcher at Heritage and "among the most visible... (0 COMMENTS)

If something can't go on forever, it will

(August 2, 2014 08:43 AM, by Scott Sumner) You may recall a famous saying by Herb Stein: If something can't go on forever, it won't. I don't quite believe that, although I must admit that Stein has me beat on logic. But I've noticed that when people say... (0 COMMENTS)

Which Essential Skills Today Will Be Obsolete Soon?

(August 1, 2014 04:45 PM, by Art Carden) Over lunch one day, colleagues and I were talking about students' handwriting (mine is positively atrocious), and one of my colleagues suggested that students learn to write decently as they will at the very least need to be able to... (1 COMMENTS)

Immigrants Are Good for Cosmopolitan Tolerance

(August 1, 2014 12:09 AM, by Bryan Caplan) When I debated Mark Krikorian, he bemoaned immigrants' effect on Americans' patriotic solidarity. I think he's making a mountain out of a molehill, but Mark's concerns were much on my mind during my recent visit to New York City. I... (0 COMMENTS)

What Do Constitutions Do? Star Trek Edition

(July 31, 2014 02:02 PM, by Bryan Caplan) Political scientist and game designer Chris McGlothlin has a neat Facebook post on Star Trek and the Constitution, building off the classic episode "The Omega Glory." Here's Chris, reprinted with his permission:As both a political science professor and a Trekkie,... (0 COMMENTS)

Scenes from the Rent-Seeking Society: A Final Post on Ride Sharing and the Importance of Constitutions

(July 30, 2014 04:15 PM, by Art Carden) As I tweeted yesterday, a quick review of the battle over ride-sharing regulation in cities around the world convinces me we're building a bridge to the eighteenth century. Mercantilism is alive and well, and cities (like Birmingham) are missing a... (0 COMMENTS)

Immigrants as Defenders of Freedom

(July 30, 2014 01:39 PM, by David Henderson) One issue that has come up a lot in the discussion of expanding immigration is many people's worry (at times, I have been one of the worriers) about immigrants coming in and voting, more than existing Americans do, for statist... (2 COMMENTS)

Wolfers on the fiscal consensus

(July 30, 2014 10:30 AM, by Scott Sumner) Justin Wolfers points to a survey showing overwhelming support for the notion of a positive fiscal multiplier in early 2009: The Initiative on Global Markets at the University of Chicago -- hardly a hotbed of liberal or Keynesian thought... (0 COMMENTS)

Bruce Benson on the Holdout Problem

(July 29, 2014 01:32 PM, by David Henderson) My bleg about eminent domain yesterday led to a useful discussion in the comments. Dan Klein recommended that I read Bruce Benson's article, "The Mythology of Holdout as a Justification for Eminent Domain and Public Provision of Roads." I've done... (0 COMMENTS)

Is the French public debate evolving?

(July 29, 2014 07:01 AM, by Alberto Mingardi) A few weeks ago I participated in the "Economic Ideas Forum" in Nancy, France. It is a fascinating event, organised by the local Chamber of Commerce, in synergy with other organisations, including the Institut Economique Molinari, the French think tank... (0 COMMENTS)

Huemer's Moderation

(July 29, 2014 12:20 AM, by Bryan Caplan) Mike Huemer, to repeat, is my favorite philosopher. Here are some highlights from his recent working paper, "Is Wealth Redistribution a Rights Violation?" [footnotes omitted]There are at least three broad views one might take concerning the foundation ofproperty rights:a. The... (0 COMMENTS)

"Helicopter drops" are a bad idea at any time

(July 28, 2014 07:20 PM, by Scott Sumner) Market monetarists tend to prefer using monetary policy to stabilize the path of NGDP, not fiscal policy. We are skeptical of the efficacy of fiscal policy, and also view it as being inefficient. Now David Beckworth has suggested that a... (0 COMMENTS)

Eminent Domain Bleg

(July 28, 2014 07:15 PM, by David Henderson) In a comment on my earlier post today, Tom West writes: I'm fairly certain that most infrastructure projects like pipelines or electrical transmission corridors would never get built without the government power of eminent domain. That's a reasonable view, and... (0 COMMENTS)

Why Don't We Observe Time-Traveling Arbitrageurs?

(July 28, 2014 12:19 PM, by Art Carden) Here's one reason to think time travel a la Back to the Future or one of the truly great but definitely most NSFW episodes of South Park will never work: we don't have contemporary or historical reports of time-traveling arbitrageurs.... (0 COMMENTS)

Intervention Leads to More Intervention

(July 28, 2014 12:06 AM, by David Henderson) The late Ludwig von Mises famously argued that when governments intervene in the economy, they often create new problems. Then, to address these problems, they impose new regulations that themselves to new problems, etc. I thought of that when reading... (0 COMMENTS)

A Non-Conformist's Guide to Success in a Conformist World

(July 28, 2014 12:02 AM, by Bryan Caplan) I've been a non-conformist for as long as I can remember. "All the other kids love sports" never seemed like a good reason why I should feel - or pretend to feel - the same way. "None of the other... (0 COMMENTS)

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