Michael Giberson Today the Master Resource blog published my list of ten price gouging topics needing economic research. As I point out in the introduction, many economists think price gouging is too simple to be worth studying. After all, it is just a kind of price cap, and we know how price caps work. My response is that … More Economics Research Topics in Price Gouging from Odd-even Rationing to Guilt and Shame
Michael Giberson Timothy Taylor observes Census Bureau data showing “geographic mobility in 2011 were at their all-time low since the start of the data in 1948, and were only a tad higher in 2012.” Here is the Census Bureau chart illustrating the data: Taylor considers a number of possible explanations, including many explored in a … More Is the Great Society a Less Mobile One?