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Tuesday, February 9, 2021

How to Regulate a Railroad

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The economics of railroads poses some problems for economists. What combination of competition and regulation will keep prices low but also ...
Friday, February 5, 2021

Some Evidence on Those Who Hold Multiple Jobs

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There's an old grim joke about those who hold multiple jobs Comment:  "Hey, did you hear the US economy created 100,000 new jobs la...
Thursday, February 4, 2021

Winter 2021 Journal of Economic Perspectives Available Online

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I am now in my 35th year as Managing Editor of the  Journal of Economic Perspectives . The JEP is published by the American Economic Associa...
Tuesday, February 2, 2021

Why High-Income Economies Need to Fight COVID Everywhere

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High-income countries are pushing and squabbling as they seek to vaccinate their own populations from COVID-19, while many lower-income coun...
Monday, February 1, 2021

Why Have Other High-Income Countries Dropped Wealth Taxes?

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Advocates of a wealth tax for the United States need to confront a basic question: Why have  other high-income countries decided to drop the...
Thursday, January 28, 2021

Interview with Benjamin Friedman on Religion, Economic Growth, and Much Else

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Tyler Cowen has one of his "Conversations" with "Benjamin Friedman on the Origins of Economic Belief" (January 27, 2021...
Wednesday, January 27, 2021

The Importance of Unimportant Inventions

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 Here's a paradox: If your firm produces a good or service that is a large part of the overall value of a final product, you may have a ...