…subtract from what is available for others. Common-pool goods are similar to private goods in that there use subtracts from the total supply but they are like public goods in…

…promise I am paraphrasing a tweet which I remember but can’t find). It is simply a fact that off label prescription is common. I think some people fell for a…

Labeling for Increased Profits, Farmer and Economist, Michael Smith It is a well-known marketing ploy to label, relabel, and even mislabel a product again and again to increase sales. We…

…what happens when private equity takes over. It is a good read. Deregulation and private equity have gutted the U.S. freight rail system—and with it, the promise of America’s industrial…

…surely the easiest way. That aspiration to wealth is deeply understandable. Getting high income from a good job is all well and good, but because wealth begets more wealth —…

…length of this post on Angry Bear. Anyway, have a good one and keep in touch. Healthcare Millions of children are at risk of losing Medicaid coverage starting in April,…

…goods.5 With investment spending, there’s a key result: the payer/spender owns the newly produced goods. And there’s a key accounting event: the payer posts the value of those new goods…

…apartment without a good reason). Note the contrast here The NYTimes.com presents a model graphically on page 1. It shows estiamtes. It is, in fact, theory, forecast not fact. The…

…becomes so noxious, some action so disrespectful of the common good, some brutality so noisy, that he has no choice but to awaken. And when he does, the good sense…

…to have to read some truly mind-numbing trade law analyses of domestic regulation. For instance, have you ever really thought about whether electricity is a good or a service? Yesterday,…