17 hours ago by Justin M Ross

AT at MR has a pointed post on the "illogic" of a mileage tax, comparing it to a tax on breathing to punish smoking. I agree that if your target is the reduction of environmental externalities (pollution and congestion), the fuel tax is sensible and the mileage tax is generally not. However, the his ...

The Perfect Substitute - perfectsubstitute.blogspot.com · Rank: 63,884 · 42 references

3 days ago by Blogger Bryn

Tutor2u has links to 5 video clips on externalities http://www.tutor2u.net/blog/index.php/economics/comments/some-new-video-pieces-on-externalities/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:22:40:00Z

Bryn's AS Economics Blog - brynsaseconomicsblog.blogspot.com · 1 reference

4 days ago by Economic Logician

It is now pretty well established that second hand smoke is bad. How do you handle it though? Apparently, the solution is to ban smoking from public places, in the hope non-smokers will not be affected. Now, are bans truly effective? The economist would respond that ban are generally not the solutio ...

Economic Logic - economiclogic.blogspot.com · Rank: 90,820 · 49 references

6 days ago by Patrick Emerson

Now that we have reviewed: the basics of choice theory and how people respond in predictable ways (in aggregate) to incentives; the basics of the free market efficiency result; the basics of economic growth; the basics of strategic behavior and the sub-optimal market outcomes that can result; the ba ...

The Oregon Economics Blog - oregonecon.blogspot.com · Rank: 16,104 · 57 references

6 days ago by Tim Schilling

Here are a couple of links that you may find interesting. I did. The first is from Real Time Economics, one of the blogs of The Wall Street Journal. It highlights some recent research that sees a correlation between trade and peacetime. From reading the post, I get the impression that the authors of ...

MV=PQ: A Resource for ... - valuingeconomics.blogspot.com · Rank: 90,672 · 12 references

7 days ago by razma766

Here is a great letter written to several professor by Don Boudreaux: It’s science. (HT Caleb Brown) Don http://www.cafehayek.com/ …………………………………. 1 February 2010 Professors Julian D. Marshall, Ryan D. Wilson, Katie L. Meyer, Santhosh K. Rajangam, Noreen C. McDonald, Elizabeth J. Wilson Department of ...

Trying Liberty - tryingliberty.com · 5 references

10 days ago by bmoseleyjr

About a week ago I made a post describing how the Hawaii trip incentive spilled over to my boys and they became ‘encouragers’ to my wife. I wasn’t sure what the name of this unintended effect was, but I stumbled across the answer in that same SuperFreakonomics book. Economists call it a ‘positive ex ...

Hawaii 140 - A Weight Loss ... - hawaii140.wordpress.com

14 days ago by Declan

Note: This post is the thirty-seventh in a series. Click here for the full listing of the series. Envy is considered one of the seven deadly sins, the ten commandments came out strongly against it and if Wikipedia is to be believed, it doesn't go over well in Islam or Buddhism either. So what's so b ...

Crawl Across the Ocean - crawlacrosstheocean.blogspot.com · Rank: 81,173 · 19 references

18 days ago by Economic Logician

There is a large literature on the willingness to pay for non-market goods, such as security, bio-diversity or pollution. The typical way to elicit these amounts is by survey, asking people what they would be willing to pay, as opposed to what the community should be paying. Pamela Kaval and Matthew ...

Economic Logic - economiclogic.blogspot.com · Rank: 90,820 · 49 references

19 days ago by Tim Schilling

Often things we think of as pedestrian can offer a wealth of opportunity. This article from today's edition of The Wall Street Journal (free at this writing) is an excellent example. The story is about a skywalk that was built in Mumbai, India. It's just one of a network of 50 planned for the city. ...

MV=PQ: A Resource for ... - valuingeconomics.blogspot.com · Rank: 90,672 · 12 references