Articles

  • 1 week ago | fee.org | Alex Tabarrok

    Many people think they understand why domestic prices rise with tariffs—domestic producers take advantage of reduced competition to jack up prices and increase their profits. The explanation seems cynical and sophisticated, and it’s not entirely wrong, but it misses deeper truths. Moreover, this “explanation” makes people think that an appropriate response to domestic firms raising prices is price controls and threats, which would make things worse.

  • 2 months ago | econlib.org | David Henderson |Scott Sumner |Alex Tabarrok |Ezra Klein

    by Scott Sumner, The Pursuit of Happiness, February 5, 2025. Excerpt:I recently spoke to some Bentley University students (via zoom) about my views on the Great Recession. In this post, I summarize the substance of my talk.

  • Jan 24, 2025 | feeds.feedblitz.com | Alex Tabarrok

    A good summary from the excellent Jeffrey Miron on the effects of the Indian Chinese Exclusion Act (repeated here, no indent):A long-standing concern about immigration is that it might reduce job opportunities for native workers:In 1882, the US government passed the Chinese Exclusion Act, which banned laborers born in China from entering the United States and prevented individuals born in China already residing in the United States from obtaining citizenship or reentering the country.

  • Nov 22, 2024 | a16zcrypto.com | Alex Tabarrok |Scott Kominers |Sonal Chokshi

    with @atabarrok @skominers @smc90We’ve heard a lot about the premise and the promise of prediction markets for a long time, but they finally hit the main stage with the most recent election. So what worked (and didn’t) this time? Are they better than pollsters, journalists, domain experts, superforecasters?

  • Nov 9, 2024 | marginalrevolution.com | Alex Tabarrok

    You’ve likely heard of Prospera, the private city in Honduras established under the ZEDE (Zone for Employment and Economic Development) law, which has drawn global investment for medical innovation. The current Honduran government is trying to break its contracts and evict Prospera from Honduras.

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Alex Tabarrok
Alex Tabarrok @ATabarrok
22 Apr 25

Signal: Even Miran wants to distance himself from the tariff craziness.

Nouriel Roubini
Nouriel Roubini @Nouriel

My former colleague and co-author @SteveMiran is getting a lot of attention - and criticism as in a WSJ oped today - for a paper he wrote last November where he discussed - among many other topics - a possible tax on US capital inflows into US Treasuries as a way to possibly

Alex Tabarrok
Alex Tabarrok @ATabarrok
22 Apr 25

RT @GarettJones: Supermajority rule for big decisions: Underrated

Alex Tabarrok
Alex Tabarrok @ATabarrok
22 Apr 25

RT @bryan_caplan: "What would have happened if McCarthyites had managed to build Offices of Patriotism, Prosperity, and the People, staffed…