Monday, November 30, 2015
Saturday, November 28, 2015
A Reading for the Pigou Club
Toward a Pigouvian State by Jonathan Masur and Eric Posner in the University of Pennsylvania Law Review.
Friday, November 27, 2015
Debating Introductory Econ
Noah Smith takes the standard course to task. David Henderson says, not so fast.
Wednesday, November 25, 2015
Friday, November 20, 2015
Tuesday, November 17, 2015
Regulatory Complexity
I enjoyed reading these remarks from University of Chicago economist Steve Davis. The chart below, taken from Davis, is particularly striking.
What I've been watching
A student recommended to me the direct-to-Netflix TV show Narcos. It is a docudrama about the Colombian drug kingpin Pablo Escobar. I just finished the first season of ten episodes, and it is indeed very good.
Next up: The direct-to-Amazon show The Man in the High Castle, which will be released shortly.
Next up: The direct-to-Amazon show The Man in the High Castle, which will be released shortly.
Thursday, November 12, 2015
Obamacare as Redistribution
When students ask me about the Affordable Care Act, I often say that the policy was motivated as much by the desire to redistribute income as it was to reform the health care system. I recently ran across the following chart from Brookings economists Henry Aaron and Gary Burtless that shows the degree of redistribution that the act entails.