Tuesday, November 17, 2015

Immigrants and Refugees

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People are scared about letting Syrian refugees into the US. At last count, 26 (27?) US governors have come out and said their stat will no...
Saturday, June 27, 2015

Cochrane's 4% Growth Plan

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The always-grumpy John Cochrane has his plan for economic growth. It's a predictably conservative and somewhat vague plan that consists ...
Tuesday, June 16, 2015

An Institutional Economic Analysis of the "Consumer Model" of Higher Ed

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Neoclassical economics teaches us that markets are efficient when they are competitive (with an arbitrarily large number of buyers and selle...
Wednesday, June 10, 2015

Intellectual Property Rights, Innovation, and Regulatory Capture

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There's quite a bit out there right now about the Trans-Pacific Partnership (TPP) and its supposed provisions on Intellectual Property...

Productivity Growth CAN Reduce Middle Class Incomes!

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Tyler at Marginal Revolution asks the question " How can faster productivity growth NOT raise middle class incomes ?" Am I missin...

Scott Walker's War on Tenure: An Institutional Economics Analysis

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Scott Walker has declared war on tenure, and it has been reported on nationally (in the NYTimes  or Inside HigherED  and the Washington Time...
Thursday, April 9, 2015

Cost Curves: Don't "Let Me Google That for You"

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It's amusing reading students' responses to take home exams. Some would clearly benefit from a even the most meager level of effort,...