Economic Ideas

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 30, 2015

Why Children Are More Expensive Than We Think

To the dollars families spend on children, we can add the cost of stress from the time we devote to developing a child's human capital.

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.