In some of my most egotistical (although sometimes cynical) moments, I enjoy ranting about the similarities between economists and Jedi’s (at some point I might do a post – if I can actually be bothered trying to figure out what the similasrities are 😛 ). In this context I found this old dialogue between Tyler […]
Given the sheer number of emails I am getting about this article I thought I should post it. Some firms in the porn industry are asking for a bailout – inline with the fact that they have suffered from a sharp fall in demand as a result of the recession. I would say that their […]
Via the Wall Street Journal we have discovered a list of “job rankings” (ht Marginal Revolution). Economics manages to place itself at number 11. Something to do with stress places Accounting above us – however, I would still suggest doing an economics degree if you have the chance 😉
I have not yet been convinced that congestion charging, as a general concept, makes sense (especially given the lack of any comments on the post 😉 ). However, this does not mean that there won’t be a general set of circumstances where this type of toll charge does make sense. One situation I can think […]
A number of fine authors have come in behind taxing congestion today – namely Greg Mankiw and Stephen Dubner. The justification for “taxing congestion” appears to be Pigovian – someone clogging up the road has a negative externality on everyone else, and so we should tax that externality. However, I feel that this is just […]
Over at Economist’s View there is an interesting piece from a book named “History of Economic Thought: A Critical Perspective”. Now I don’t disagree with large parts of this. It is indeed fallacious to state that any CONCLUSION is value free – as it never is. However, I feel that the piece mixes up its […]