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Economic Forces
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Never Reason from an Accounting Identity, Redux
Economic confusion all around
Jun 18
•
Brian Albrecht
73
3
6
Externalities, Pigouvian Taxation, and Optimal Policy
Are Pigouvian Taxes Actually Optimal Solutions to Externalities?
Jun 11
•
Josh Hendrickson
53
6
9
A compute tax is a REALLY dumb idea
People are freaking out about AI. That doesn't mean a random tax is a good idea.
Jun 4
•
Brian Albrecht
111
13
18
Most Popular
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Econ 101 is wrong about tariffs
Oct 31, 2024
•
Brian Albrecht
578
4
105
You are not a horse
May 7
•
Brian Albrecht
466
1
83
High tariffs didn't make the U.S. rich in the 19th century. They won't this time.
Apr 7, 2025
•
Brian Albrecht
78
13
What Price Theory Is And Is Not
Nov 13, 2025
•
Josh Hendrickson
216
3
36
And the 2025 Economics Nobel Goes to...
Oct 13, 2025
•
Brian Albrecht
225
5
46
Prices are signals (and politicians keep shooting the messenger)
Mar 6, 2025
•
Brian Albrecht
189
22
40
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Parking, Fireworks, and Making Sense of Prices
Why do universities have persistent shortages of parking? Why do states allow you to purchase fireworks, but not set them off?
May 28
•
Josh Hendrickson
46
2
A simple approach to dynamic mergers
Can we capture the core trade-off without going full IO?
May 21
•
Brian Albrecht
33
1
4
Are Giffen Goods Real?
Price theoretic logic implies the demand for Giffen goods is downward-sloping
May 14
•
Josh Hendrickson
66
1
12
You are not a horse
AI and the future of labor demand
May 7
•
Brian Albrecht
466
1
83
Panhandlers and Price Theory
Do panhandlers behave as price theory would predict?
Apr 30
•
Josh Hendrickson
42
4
2
Pouring cold water on the waterbed effect
Impossibility in the popular model
Apr 23
•
Brian Albrecht
42
5
2
Drugs of Choice
Doubling down on explaining drug use with price theory
Apr 16
•
Josh Hendrickson
35
2
7
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