Tag: policy

5 Rando Facts on Immigration

This article discusses 5 random facts related to immigration policy. #1 Economic analysis mainly shows that more immigration is good for everyone. My analysis even indicates that deporting illegal immigrants is more costly than beneficial. See this article for more

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On Gruber, Free Riders, and Political Economy

Quote 1: “The problems faced by the city of Dhaka illustrate the difficulties of effectively addressing the free rider problem through a private mechanism. Goods that suffer from this free rider problem are known in economics as public goods, and

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Two Predictions

This article covers two predictions I am making based on economic theory, one prediction on a bitcoin-denominated stock price and the other on the effects of Colorado marijuana tax policy.   PETA is an unregulated stock-like commodity, denominated in bitcoin

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Evaluating Human Life

This article covers a technique to value human life. Putting a financial value on human life can be a controversial thing for many moral reasons, but in reality there are a number of ways to measure it. Perhaps surprisingly, these

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Why Redistribution Results in a Weak Economy

The problem is incentives. I work hard and make an A in class. You are lazy and make a D+. The class average is a B. The professor says, “To be fair, next test everyone will simply earn the average.

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Lessons from “Smoking and Politics”

This article will discuss the role of the bureaucracy in the regulation of policy by considering the specific book Smoking and Politics. In Smoking and Politics by Fritschler and Rudder there were numerous state agencies and bureaucratic organizations which are mentioned as having

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Organizations and Institutions

This article will rigorously define, compare and contrast organizations and institutions. This article is a bit long but worth the read. It is an improved version of part of a paper I wrote for a public policy class during graduate

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Do Illegal Immigrants Take American Jobs?

I recently butchered an interview when I was asked, “Do illegal immigrants take American jobs?” My answer, which no doubt confounded my interviewer and left him with the impression that I was intellectually confused, was, “Yes and no, but usually

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National Review:Obamacare Call Center Will Not Offer Health-Care Benefits to Employees

  [John: Want proof that Obamacare is a train wreck? See the article below which talks about the Obamacare Call Center itself deciding not to offer healthcare, which was different from the original intention, due to a “comedy of errors.”]

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Paul Krugman, and Keynesianism in General, Weaken Economies

A comment I left on a friend’s Facebook, commenting on a picture and quote he shared of Paul Krugman: [Paul Krugman] is a Keynesian. The ‘bad economic doctrine’ he is referring to is free market economics, which is good economic

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