by Henry Oliner | Jun 28, 2019 | Business, Economics
There are several economic concepts of relatively recent origin that I find fascinating. Regulatory capture is the ability of industries being regulated by the central government to influence those regulations for their own benefit. Similarly, rent seeking is the...
by Henry Oliner | Nov 30, 2014 | Consumer, Culture, Politics
Kevin Williamson writes in National Review, Who Boycotts Walmart Excerpts: It is easy to scoff, but I am ready to start taking the social-justice warriors’ insipid rhetoric seriously — as soon as two things happen: First, I want to hear from the Wal-Mart-protesting...
by Henry Oliner | Apr 19, 2014 | Economics, Politics
Do people mind more about inequality than poverty? from Matt Ridley at his blog The Rational Optimist Excerpt: If you measure consumption inequality, it is far lower than pre-tax income inequality, because the top 40 per cent of earners pay more in than they get out,...
by Henry Oliner | Apr 3, 2014 | Economics
From the Pittsburgh Tribune Review Donald Boudreaux writes Questions for redistribution’s proponents Excerpts: • Suppose that Jones chooses a career as a poet. Jones treasures the time he spends walking in the woods and strolling city streets in leisurely reflection;...
by Henry Oliner | Jan 30, 2014 | Economics
Mickey Kaus writes in the Wall Street Journal, The Other Kind of Inequality. (may require a paid subscription to enact link) Excerpt: Social equality—”equality of respect,” as economist Noah Smith puts it—is harder to measure than money inequality. But...
