Daily Archives: Thursday, September 11th, 2008

When Pigs Fly

I tend to agree with Greg Mankiw — more generally with Arthur Pigou — on his recommendation to increase certain taxes in order to cover the external costs that those products feed. However, there’s a flawed assumption in the analysis. … Continue reading

Posted in economics, politics | 3 Comments

Greetings, Sports Fans!

Watching the Presidential caucus race is, for me at least, akin to watching baseball. It helps to look at it as a team sport, with a rivalry as deep-seated as that between the New York Yankees and the Boston Red … Continue reading

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Posted in politics | 1 Comment