Economic Forces

Economic Forces

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[Re-Post] The Treasury Standard

Hotelling doesn't say what you think it says

Mr. Bessent and the Yen

Losers and Welfare

What will happen to Mamdani's grocery stores?

GDP and Living Standards

[Re-Post] What (and who) in the world are we trying to tax when we tax corporate income?

Where the returns to AI go

AI Policy and National Defense

Never Reason from an Accounting Identity, Redux

Externalities, Pigouvian Taxation, and Optimal Policy

A compute tax is a REALLY dumb idea

Parking, Fireworks, and Making Sense of Prices

A simple approach to dynamic mergers

Are Giffen Goods Real?

You are not a horse

Panhandlers and Price Theory

Pouring cold water on the waterbed effect

Drugs of Choice

Price theory. RIP?

Econ 101 ignores 50+ years of economic science

Does Narcan Save Lives?

Are oil price spikes good for the US?

Are We at War with Grocery Stores Now?

Europe's rigid labor markets are an economic death sentence

We don't need to just make up fantasy stories

Should We Care About Replication?

Price controls cause chaos

Complementarities, Weak Links, AI, and Economic Growth

Is Dave Ramsey right?

What is Your Life Worth?

[Re-Post] Costs, Competition, and Prices that Don't Clear the Market

Will AI Prove Piketty Right?

The Problem of Cooperation Costs

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