Natural Monopolies and Cap and Trade

Note: this post is intended as discussion of economic theory. The use of certain analytical tools should not be construed as approval or said tools, nor should assertions and arguments be construed as advocacy. This is simply an exercise in economic analysis.

Taking the mainstream definition of natural monopolies, and assuming that the human-produced . . . → Read More: Natural Monopolies and Cap and Trade

Is a Great Big New Tax Such a Bad Idea?

‘Where have you been? Have you been hiding from me?’ I saw it was Jim speaking when I looked up from reading the paper. I hadn’t exactly been avoiding him, but then I hadn’t really missed not seeing him for a few months.

Jim asked me if I could give him a lift home. . . . → Read More: Is a Great Big New Tax Such a Bad Idea?

The Case for Carbon Tax

Ted Gayer of the Brookings Institution testified before the U.S Senate, discussing the economic benefits of carbon tax over cap-and-trade (link)