Category Archives: Economics

The Absurdity of Capping Deductions

During the Presidential campaigns and now with the approaching expiration of the Bush-era Tax Cuts simultaneous with the sequestration cuts, a revenue-raising strategy is being bounced around: capping deductions. Now, there are some very bad ways to do this such … Continue reading

Posted in Economics, Politics | Tagged , | 1 Comment

Abolishing The Mortgage Interest Deduction On New Purchases Only Also Runs Against A Reliance Interest

Over at the Volokh Conspiracy, Ilya Somin talks about the possible abolition of the mortgage interest tax deduction. As many have pointed out, such an abolition would run against the reliance interest of current homeowners. When budgeting for a house, they assumed … Continue reading

Posted in Economics, Law, Politics | Tagged , , | 3 Comments

The Unifying Force That Is Capitalism

I have heard countless times the trope that capitalism is an individualistic philosophy. That a capitalistic world is one where every man, woman and child stands alone. The critiques of capitalism are often fond of phrases such as: “No man … Continue reading

Posted in Economics, Uncategorized | Tagged , | 1 Comment

The Gender Income Gap: Thinking Out Loud

I’ve been thinking about the gender income gap recently and there is an idea that popped into my head. I’m not claiming it is true, but I was hoping I could get some feedback and maybe start a discussion. Without … Continue reading

Posted in Economics | Tagged , , | 17 Comments

The Healthcare Continuum

I recently listened to the Affordable Care Act arguments before the Supreme Court. The legal arguments are very interesting, but I’m not a lawyer so I will try to stay away from them here. My bet is that the mandate … Continue reading

Posted in Economics, Politics | Tagged , , , , | 5 Comments

Price Discrimination and Secondary Markets

I can’t sleep and I’m thinking about secondary markets so I figured I would write something since I haven’t done that in a while. Secondary markets is a rather vague term which could be vaguely described as sale by consumers … Continue reading

Posted in Economics | 1 Comment

Why Do Fiat Currencies Have Value?

I have been chatting with David Glasner under one of his posts for the past few days about a fundamental question: Where do fiat currencies get their value from? Why can you exchange pieces of paper for food, shelter and … Continue reading

Posted in Economics | Tagged , , , | 9 Comments

Marriage, Poverty and Signaling

I often end up disagreeing with Bryan Caplan at EconLog. However, his writings tend to be thought-provoking and I find that if I spend some time considering what he says, I will frequently end up changing my mind on something. … Continue reading

Posted in Economics | Tagged , , , | 8 Comments

The case against mandating insurance coverage of birth control pills.

John Cochrane has a great article in the Wall Street Journal explaining why it doesn’t make sense to have your insurance company cover birth control pills. (HT Greg Mankiw) The argument is simple: Consumption of birth control is a predictable … Continue reading

Posted in Economics | Tagged , , , | 1 Comment