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Blog Profile / EconLog

Filed Under:Business & Finance / Economics
Posts on Regator:8424
Posts / Week:24.2
Archived Since:March 2, 2008

Blog Post Archive

Canadian success

(September 23, 2014 07:30 PM, by Scott Sumner) David Henderson has a very good post on the Canadian economy. David argues that austerity can be expansionary, and points to the example of Canada in the 1990s. Josh Barro counters that Canada was aided by an expansionary monetary policy:... (0 COMMENTS)

Zeke Emmanuel on Optimal Life Expectancy

(September 23, 2014 02:03 PM, by David Henderson) Private Policy Like Arnold Kling, I found some of the information in Ezekiel Emanuel's article on aging troubling. But also, like health policy analyst Greg Scandlen, I found Ezekiel Emanuel troubling. I first saw reference to his article in a... (0 COMMENTS)

The Puzzling Ubiquity of Disability

(September 23, 2014 12:08 AM, by Bryan Caplan) In 1976, 8.3% of students in U.S. public schools were officially disabled. By 2010, the disabled share was up to 13%. What on earth happened? This piece by Jay Greene and Greg Forster considers and critiques three main stories. Prepare... (0 COMMENTS)

The Key to victory: Run against Piketty-nomics

(September 22, 2014 08:38 PM, by Scott Sumner) This is good news: New Zealand's NZX 50 Index increased 1.1 percent, driven higher by power-company stocks, after John Key won a third term as prime minister. Key, a former head of foreign exchange at Merrill Lynch & Co., led... (0 COMMENTS)

Unintended Consequences of De-Insuring Insurance

(September 22, 2014 12:30 PM, by David Henderson) The consequences are unintended but somewhat predictable. Over at Mother Jones, Kevin Drum has noticed that some health insurers are charging a huge co-insurance rate for HIV drugs. He writes: If all your HIV drugs are expensive, then people with... (0 COMMENTS)

Uber Wars Update

(September 22, 2014 07:02 AM, by Alberto Mingardi) The district court of Frankfurt lifted the nationwide ban on UberPOP in Germany. UberPOP is the most controversial and most promising service Uber offers: it doesn't just connect professional drivers of black cars (as Uber indeed does) in a bigger... (0 COMMENTS)

Saving Money with One Income

(September 21, 2014 11:45 AM, by Art Carden) There's a very interesting discussion on the Libertarian Homeschooler Facebook page about living on one income. My contribution, reproduced verbatim: 1. Recognize that your time is very valuable. It might actually be better to pick up a few dollars freelancing... (0 COMMENTS)

Response to Krugman on My Canada Study

(September 21, 2014 04:12 PM, by David Henderson) I think this qualifies as a cockroach idea (zombies just keep shambling along, whereas sometimes you think you've gotten rid of cockroaches, but they keep coming back.) I thought we had disposed of all this four years ago. But nooooo.... (0 COMMENTS)

There is nothing tautological about market monetarism

(September 21, 2014 12:35 PM, by Scott Sumner) Bill Woolsey directed me to a post by Kevin Grier (commenting on Lars Christensen): OK, so the first graph is the path of Nominal income (PY) relative to trend. The second is the path of real income (Y) and the... (0 COMMENTS)

What's wrong with Hong Kong? (Too much government)

(September 20, 2014 11:19 AM, by Scott Sumner) You often read very thoughtful progressives explain why the government sector in the US is too small. You'd think 40% of GDP would be enough, but they insist we have "unmet needs" for a single-payer health care system (18% of... (0 COMMENTS)

Richard Epstein's Faulty Case for Intervention

(September 20, 2014 10:41 AM, by David Henderson) My Hoover colleague Richard Epstein has recently been arguing for the U.S. government to make war in the Middle East and has singled out libertarians for particular criticism. In a relatively fact-free piece, Richard argued that libertarians are "clueless on... (0 COMMENTS)

Scotland and the irrational media

(September 19, 2014 06:01 PM, by Alberto Mingardi) Scotland won't secede: 54% voted for 'no', 46% voted 'yes'. The composure with which the losers conceded tells you something about this referendum. The secessionists had remarkably little complaint with the state of the Union. They did not push for... (0 COMMENTS)

Inequality in education

(September 19, 2014 01:33 PM, by Scott Sumner) Because I'm a resident of Newton, Massachusetts, I couldn't help noticing that it was recently named the Best Suburb in America for education. And it's easy to see why: That's largely because this wealthy Boston suburb has the money to... (0 COMMENTS)

Betting Markets, Polls, and the Human Drama: We're Wasting Resources and Throwing Away Information

(September 19, 2014 11:45 AM, by Art Carden) Anarchy in the UK? Not so much. Scottish voters have decided to stay in the UK, and Justin Wolfers calls this "a loss for pollsters and a win for betting markets." I agree: betting markets produce a much higher signal-to-noise... (0 COMMENTS)

Afterthoughts on Elizabeth Green EconTalk episode

(September 19, 2014 09:57 AM, by Russ Roberts) I've done a lot of interviews on education at EconTalk and there's always more to learn. There were two moments that really stuck with me from this conversation with Elizabeth Green about her book, Building a Better Teacher. One is... (0 COMMENTS)

How High Is Schools' Implicit Land Rent?

(September 19, 2014 12:50 AM, by Bryan Caplan) If a business rents land, any accountant will count the rent as a cost of doing business. If a business borrows to buy land, any accountant will count the interest payments as a cost of doing business. What happens, though,... (0 COMMENTS)


(September 18, 2014 10:59 PM, by David Henderson) Over at, Tyler Cowen has posted some excellent rules for managing your time. I won't repeat them here--they're short enough--but I want to add an important one, comment on a few, and add a final one. Here's the one... (0 COMMENTS)

Scotland, Quebec, and Tupy

(September 18, 2014 12:00 PM, by David Henderson) Scotland's greater statism and, ironically for the birth place of Adam Smith, suspicion of capitalism, is a potent obstacle to reform in England and Wales. It is also a serious danger to economic prosperity north of the border. Sooner or... (0 COMMENTS)

Clive Crook on Scotland

(September 18, 2014 06:30 AM, by Alberto Mingardi) Clive Crook has a taste for contrarian views that makes him well worth reading. He wrote two articles on Scotland independence. Here he emphasizes the reasons why Scotland shouldn't go for secession, though he points out also the dishonesty on... (0 COMMENTS)

Tribal Desire

(September 18, 2014 12:01 AM, by Bryan Caplan) On Twitter, Mark Krikorian opined that, "Desire for membership in a tribe is as inherent to the human personality as some form of body covering." He's not exactly wrong, but omits three essential caveats.1. Desire for tribal membership varies widely.... (0 COMMENTS)

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