Perverse Incentives
The key to successful government policy is through perverse incentive mitigation, usually through the Law of Unintended Consequences.
Tagged: economics
The Economics of Video Games, Part I: Exclusivity
Video games, much like action figures, are a fascinating example to look at for the application of economic concepts in the real world.
The Economics of Action Figures Part II: Contrived Scarcity
Scarcity ties into a couple topics that few really understand. The biggest of these is the Accounting 101 concept of assets, liabilities, and equities.
Spain Debates UBI-type Program Amid Covid-19
Facing “the worst economic crisis since the end of the Spanish Civil War in 1939,” the ruling socialist government is turning to UBI
The Economics of Action Figures Part I: Value
The action figure market is one of the best case studies in the economic concept of value. Value is inherently an individual and subjective beast.
Morning Ed: Economics
The virus gives us the opportunity to remake the economy. Some people are salivating at the prospect.
Sears, Trump, and the Age of Bull
I believe we are seeing Sears happening on a larger scale with the United States. So why have Lampert & Trump gotten away with their bad leadership?
I Predict 2021
The Coronavirus Pandemic will change the world in many ways. We just don’t know how it will change.
Here Comes the Pain, Shared and Otherwise
The real story of this present crisis is not the numerical one, but the human one.
Carnage: 6.6 Million in Initial Jobless Claims, 10 Million Two Week Total
The data starting to come in on the economic toll of the COVID-19 virus and subsequent social shut-down was expected to be bad, and indeed is off the charts.
It’s Not Time…Yet
The options before us are not “burn the economy down through quarantine” and “burn the economy down through an epidemic”.
Serving Up a Recession
The COVID-19 epidemic will be the first services recession, and it could be a bad one.
Post Mortem On The Ontario Basic Income Experiment
Another UBI experiment bites the dust, and a new study is looking at the participants since it ended.
Kevin Williamson’s Smallest World
A radical libertarian manifesto that deserves to be taken seriously – and rejected. A Review of Kevin Williamson’s “The Smallest Minority: Independent Thinking in the Age of Mob Politics”
Stephen Moore Must Not be Confirmed
Stephen Moore is a political operative who happened to get some sort of economics degree from somewhere.
Ordinary World for 7 January, 2019
Your Ordinary World for 7 January 2019 featuring links to stories and points of views you need to start your Monday Morning off right from Ordinary Times.
UBI in 2018
Universal Basic Income did not have the banner year it’s proponents had hoped for. Who knew it would be so hard to get people to take free money?
