Economic History

July 7, 2015

The Tax We Should Like

Among the least popular forms of taxation, property taxes are the most desirable because of their incentives, whom they target and their resilience.

July 1, 2015

When to Worry About Sovereign Debt

Comparing debt to GDP is like looking at a mortgage loan and household net worth. It can help us decide when a sovereign debt became too large.

June 22, 2015

An Unintended Consequence of Football Helmets

Regulation can have unintended consequences. With football helmets or seat belts or even financial regulation, protection can create more reckless behavior.

June 5, 2015

A Poaching Problem that Regulation Hasn’t Solved

The market solutions and regulatory approaches used to solve the problem of elephant poaching have not worked for wildlife conservation in Africa.

June 1, 2015

India’s Height Mystery

Long assumed to have a direct relationship, the connection between height and GDP becomes more complex when we compare India and Africa.

May 21, 2015

What Bread Says About Women

Through the industrialization of just one slice of bread, we can see the history of the U.S. economy since the beginning of the 20th century.

May 13, 2015

Why the Social Security Crisis Has Begun

Caused by aging baby boomers, expanded criteria and the remnants of the great recession, SSDI entitlement spending is approaching insolvency.

May 8, 2015

The Data Leaks That Move Markets

In financial markets, data security relates to the timing of data releases because premature releases or leaks unfairly favor one group of investors.

May 7, 2015

Love, Marriage and Inequality

As female labor force participation increased since the 1970s, so too has the income inequality that resulted from assortative mating of higher earners.

May 4, 2015

The Reversed Role of Chinese Deposit Insurance

While many nations have deposit Insurance and China will have theirs very soon, the quality and the confidence in different deposit insurance schemes vary.