Economic Forces
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AI Policy and National Defense
How should we think about national security concerns and AI?
Jul 2
•
Josh Hendrickson
27
2
2
June 2026
Never Reason from an Accounting Identity, Redux
Economic confusion all around
Jun 18
•
Brian Albrecht
78
3
7
Externalities, Pigouvian Taxation, and Optimal Policy
Are Pigouvian Taxes Actually Optimal Solutions to Externalities?
Jun 11
•
Josh Hendrickson
53
6
9
A compute tax is a REALLY dumb idea
People are freaking out about AI. That doesn't mean a random tax is a good idea.
Jun 4
•
Brian Albrecht
113
13
19
May 2026
Parking, Fireworks, and Making Sense of Prices
Why do universities have persistent shortages of parking? Why do states allow you to purchase fireworks, but not set them off?
May 28
•
Josh Hendrickson
46
2
A simple approach to dynamic mergers
Can we capture the core trade-off without going full IO?
May 21
•
Brian Albrecht
33
1
4
Are Giffen Goods Real?
Price theoretic logic implies the demand for Giffen goods is downward-sloping
May 14
•
Josh Hendrickson
66
1
12
You are not a horse
AI and the future of labor demand
May 7
•
Brian Albrecht
473
1
85
April 2026
Panhandlers and Price Theory
Do panhandlers behave as price theory would predict?
Apr 30
•
Josh Hendrickson
42
4
2
Pouring cold water on the waterbed effect
Impossibility in the popular model
Apr 23
•
Brian Albrecht
42
5
2
Drugs of Choice
Doubling down on explaining drug use with price theory
Apr 16
•
Josh Hendrickson
35
2
7
Price theory. RIP?
On Tyler Cowen's new book and price theory
Apr 9
•
Brian Albrecht
91
7
8
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