Tag: Econlib
The middle income trap – Econlib
In the United States, individuals living in poverty frequently encounter steep implicit marginal tax rates, as their benefits…
Stablecoins and monetary policy – Econlib
Do stablecoins pose a significant threat to the effectiveness of monetary policy? This question was explored in a…
Escalation dominance? – Econlib
Kyle Chan has recently put forth a bold assertion in a blog entry: Escalation dominance is a myth.…
They Took Our Jobs! – Econlib
The champions of anti-trade sentiment have reclaimed the political stage, once again vowing to resurrect those elusive "good-paying…
A new neoliberalism? – Econlib
In the realm of political commentary, a curious phenomenon is taking shape among some of the more astute…
Gas Shortages: Cutsinger’s Solution – Econlib
Question: Imagine a scenario where the market price of gasoline skyrockets to $5.00 per gallon. Politicians, eager to…
Tariffs, Growth, and Brexit – Econlib
In his insightful post titled Tariffs and the Economy, Scott Sumner points out that the most significant impacts…
Who runs trade surpluses? – Econlib
In a recent post, Kevin Erdmann employs the principle of never reason from a price change to clarify…
Why Nogales Fails – Econlib
In their seminal work, Why Nations Fail, authors Daron Acemoglu and James A. Robinson assert that the prosperity…
Law, Legislation, and Libertarianism – Econlib
A Review of Common Law Liberalism: A New Theory of the Libertarian Society, by John Hasnas. “Look around,”…
Spoiled by success – Econlib
Human beings possess an undeniable restlessness. Even at the height of achievement, we find ourselves unable to simply…
Zoltraak: Competition versus Stagnation – Econlib
In the realm of Japanese anime, there exists a captivating series titled Frieren: Beyond Journey’s End. Unlike its…