Lynne Kiesling Over at Marginal Revolution, Alex reminds us of Tyler’s 12 economic policy recommendations for a second Bush term. I agree with Alex that they are all good ideas. One quibble, though: in point 5 Tyler says we should strengthen our commitment to science, by which he is referring to medical science. But one …
Marginal Revolution On Bush Second Term Economic Policy Read More »
Lynne Kiesling I hope Megan McArdle’s right, and that Jim DeMint’s replacement of Fritz Holling brings a much-need dose of free-trade into Congress. Actually, how do you think these results affect the probability of the textile protectionism that I mentioned on Sunday?
Lynne Kiesling This can’t be good. The Bush administration has agreed to consider import limitations on cotton trousers and shorts from China, according to this New York Times article from Saturday (registration required). American manufacturers and the labor union representing textile workers have been pressing for help in advance of the lifting of all trade …
Lynne Kiesling Over at the Adam Smith Institute blog Eamonn Butler had a post on the Royal National Lifeboat Institution, a famous example that has been used first to illustrate and then to debunk the traditional argument in favor of centralized provision of so-called public goods: There was a time, a century ago, when the …
Lynne Kiesling As a follow-up to my recent post on FCC content regulation, I recommend this column by Adam Thierer on the same topic, and making similar arguments. Anyone who cares about the First Amendment and press freedom should find this chilling. Apparently, “Congress shall make no law” abridging press freedom now has several caveats. …
Lynne Kiesling A group of economists has filed an amicus brief in the Supreme Court hearing of the interstate wine shipment case. George Akerlof, Daniel McFadden, Vernon Smith, Don Boudreaux, Robert Hahn, John Letiche, and Robert Litan is an excellent analysis of the economic issues in the case of interstate wine shipment. This paragraph provides …
Economist Amicus Brief In Interstate Wine Shipment Case Read More »
Lynne Kiesling I’ve always liked the metaphor and the image that the phrase “virtuous cycle” draws, and I think we see lots of instances of it in the dynamics of human action. So it’s no surprise that I liked Kevin Brancato’s post on Bill Gates and his use of such rhetoric, both recently and in …
Lynne Kiesling Wow, I am really glad that Mike and Tyler both posted about that ridiculously stupid USA Today story! One doesn’t need to be an economist to recognize that the broken window fallacy is just that, fallacious. This type of argument is one of my biggest pet peeves, and I actually said to the …
Lynne Kiesling Today the Wall Street Journal had an editorial (subscription required) commenting on the antitrust policy implications of last week?s District Court decision to allow Oracle to proceed with its hostile takeover offer for PeopleSoft. Their observations focus on a crucial issue in antitrust policy, one that antitrust economists have been struggling with for …
Antitrust And The Schumpeterian Dynamic In Erp Software Read More »
Lynne Kiesling I’ve been spending the past few days revising my Environmental Economics course in preparation for fall quarter, so my mind is in an environmental place right now. One of the inspiring things I’ve read this week is this Rocky Mountain News oped from Terry Anderson at PERC. Terry discusses how human ingeneuity and …
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