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Archive for the ‘Microeconomics and policy analysis’ Category

January 2nd, 2010

Keep him off the flight, just on the information available? Maybe not. But screen the hell out of him at the airport? Absolutely!

November 8th, 2009

Preferring shorter workweeks to layoffs is first-term microeconomics; it’s implied by the diminishing marginal utility of income. Why isn’t that obvious to Larry Summers?

October 4th, 2009

Aren’t you glad you don’t live in one of those Third World countries where it’s dangerous to eat the food? Oh, wait …

October 3rd, 2009

Robert Frank’s column in Sunday’s New York Times focuses on When Brute Force Fails.

September 29th, 2009

Since future generations will be richer than we are, it’s not obvious why we should deprive ourselves to leave them a larger capital stock. What they would want from us, if they could speak, would be more basic research and a cleaner and cooler planet.

September 4th, 2009

Apanish village revolts against copyright parasites.

September 2nd, 2009

The advent of Google Books calls for the restoration of non-automatic copyright renewal.

August 29th, 2009

Advantages (benefits) and disadvantages (costs) are central to any serious policy analysis. Benefit-cost analysis as practiced by regulators and the courts, however, embodies three clear mistakes: ignoring distributional issues, ignoring indirect and uncertain consequences, and measuring most injuries to individuals short of death in only pecuniary terms, rather than using the economically correct willingness-to-pay measure.

June 3rd, 2009

Robert Frank talks to Neil Conan about his new book.

May 27th, 2009

Forget the dumb use Ross Douthat wants to make of the happiness-research literature. The fact that he acknowledges it reflects a substantial political breakthrough.