Peter Jacobsen

Sacramento

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Revenu universel de base : les bénéficiaires ont tendance à travailler moins, selon deux études | RBI | employés | salariés | Epoch Times

Jan 12, 2025 | epochtimes.fr | Peter Jacobsen

Le mois d’octobre dernier a été marqué par la publication du plus grand projet de recherche jamais réalisé sur le revenu de base universel (RBI). Les résultats de cette étude ont déçu les défenseurs de cette idée. En résumé, l’étude montre qu’un grand nombre de bénéficiaires du revenu universel ont réduit leur temps de travail et augmenté leur temps de loisir.
Why the McDonald’s Ice Cream Machine Is Always Broken, and Why That Might Be About to Change

Nov 6, 2024 | fee.org | Peter Jacobsen

Social media was in a flurry after President Trump recently spent a day working at a McDonald’s branch. The stunt was decent PR for the president and was accompanied by a fair share of memes—including one from Trump himself. WHEN I’M PRESIDENT THE MCDONALD’S ICE CREAM MACHINES WILL WORK GREAT AGAIN! pic.twitter.com/jqdyMpgnLF— Donald J. Trump (@realDonaldTrump) October 27, 2024Trump’s joke here plays off a widespread experience McDonald’s customers have.
Breaking Down Milton Friedman’s Comments from a Recent Elon Musk Repost

Oct 25, 2024 | fee.org | Peter Jacobsen

Elon Musk recently reposted a FEE social media clip of Milton Friedman discussing inflation. 💯 pic.twitter.com/lrfyLK3ID9— Elon Musk (@elonmusk) October 10, 2024The post has nearly 44 million views and hundreds of thousands of likes. What caused this clip to resonate with people such that it caught Musk’s attention and went so viral (garnering much more attention than the average post from Musk’s account)? Let’s break down the clip into pieces to see why Friedman’s wisdom resonates with us today.
Why Do Politicians Focus on Macroeconomics?

Oct 24, 2024 | fee.org | Peter Jacobsen

It’s been a while since my last “Ask an Economist” article. I try to answer FEE Readers’ questions about economics regularly, so if you have a question, feel free to email me at . This week’s question is from Vincente in Paraguay:From Paraguay, why does the government give so much importance to the macro economy when what is most needed is the micro economy, whether in training, laws or financially?
Do We Sometimes Just Have to ‘Ignore’ Economists?

Oct 22, 2024 | fee.org | Peter Jacobsen

Back in August, an article in The Atlantic titled “Sometimes You Just Have to Ignore the Economists” stirred up controversy. The article, authored by Zephyr Teachout, was primarily focused on Kamala Harris’s recent support for price control laws. The article begins by claiming that Kamala isn’t proposing price controls in normal times; rather, she’s opposed to “price gouging” which is already against the law in many cases (such as during natural disasters). Here’s the problem with this argument.
The Largest Study Ever on UBI Was Just Conducted—The Results Are Disappointing for Advocates - FEE

Oct 14, 2024 | fee.org | Peter Jacobsen

In the 2020 election, an interesting candidate made his way onto the scene for the Democratic Party’s presidential nomination: Andrew Yang. Yang made a splash in particular for his promise to give everyone $1,000. Andrew Yang’s campaign strategy took a similar approach to Trump’s 2016 campaign in hyper-focusing on a single issue. For Trump, the single issue was immigration. For Yang, that issue was universal basic income (UBI). Yang’s version of UBI was alluring in its simplicity.
Unrealized Capital Gains Taxes Will Trickle Down to the Middle Class

Oct 3, 2024 | fee.org | Peter Jacobsen

Unrealized capital gains taxes may start by targeting the ultra-rich, but they will eventually target you. The Harris campaign has recently revived the Democrat talking point of taxing unrealized capital gains. In simple terms, an unrealized capital gains tax would tax owners of stocks when those stocks appreciate in value, even if the stocks have not been sold. The policy is strange. When someone sells his stocks, he is subject to a tax for the income he receives on the sale.
How Pronatal Policy Is Showing Up In the Presidential Election—Kind Of - FEE

Sep 24, 2024 | fee.org | Peter Jacobsen

In 2016, I read Julian Simon’s The Ultimate Resource 2 and had my thinking on population growth changed forever. Generally among those born in the late 20th century and early 21st century, there is a general skepticism about population size. The late 20th century was dominated by about overpopulation and its “catastrophic consequences.” Experts such as Paul Ehrlich loudly declared that overpopulation would usher in an age of mass starvation. This never occurred.
Comrade Kamala? Assessing Three of Harris’s New Economic Proposals

Aug 31, 2024 | fee.org | Peter Jacobsen

The Kamala Harris campaign is still relatively young. The current Vice President and previous US Senator from California has barely been in the race for a month. Her first concrete economic plans are being announced and, for the most part, panned by economists. Let’s examine some of these proposals, their effects, and why economists oppose them. Let’s begin with the most shocking Harris proposal—a federal ban on “price gouging” for groceries.
Biden Freezes Student Loans after Courts Stop SAVE Plan

Aug 26, 2024 | fee.org | Peter Jacobsen

For the last few years at FEE and National Review, I’ve spent quite a bit of energy talking about student loan forgiveness. The reason for my persistence on this topic is that the era of Covid policy has completely turned the tables on how student loans are managed. Before Covid, student loan policies were relatively stable.

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