Monday, January 27, 2020

Marijuana legalization increases cigarette consumption

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Econ Paper :   ... marijuana and cigarettes are complements and legalizing recreational marijuana is associated with an increase in cigare...
3 comments:
Friday, January 24, 2020

China's coming population collapse

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... it’s staggeringly hard to grow an economy when you lose a fifth of your working-age population in a single generation. ... Demograp...
5 comments:
Thursday, January 23, 2020

Does this help or hurt Ex-Felons?

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The city of Oakland recently voted unanimously to bar landlords from conducting background checks before renting to tenants. Supporters s...
3 comments:
Tuesday, January 21, 2020

What domestic cause unites the presidential candidates?

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From the Atlantic :  zoning restrictions on supply make housing unaffordable ...Booker, Castro, Klobuchar, and Warren propose a combina...
2 comments:

In NYC, why are homeless shelters full, and luxury condos vacant?

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Good article in The Atlantic  focusses on several factors 1. Declining demand for luxury condos: Developers bet huge on foreign plutocra...
4 comments:
Monday, January 20, 2020

No institutions are seen as both competent and ethical

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WSJ survey shows mistrust of all major institutions, but particularly Government.  Business seems to be responding.   When it comes t...
2 comments:
Saturday, January 18, 2020

Old people taking from the young

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WSJ has an interview with Prof Ed Glaeser on how old people are using government to enrich themselves at the expense of the young: Conside...
2 comments:
Friday, January 17, 2020

Is the stock market over-valued?

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Shiller's CAPE (Cyclically Adjusted Price Earnings Ratio)
Thursday, January 16, 2020

What to make of the China trade deal

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The answer from MarginalRevolution.com
3 comments:

Prediction market: Who will be the Democratic Nominee?

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 Each contract pays off $1 if the event occurs, e.g., Joe Biden wins the Democratic Nomination. The price of the contract can be interpret...
1 comment: