Library of Economics and Liberty

Responding to two blog posts by myself and Kevin Corcoran on skepticism about Pigouvian taxes, Scott Sumner gives an example of a congestion tax in Orange County that has been a huge success.�...

https://www.econlib.org/on-pigouvian-taxes-a-reply-to-scott-sumner/

IN OUR PREVIOUS POST , WE INTRODUCED ECONLOG READERS TO THE POSSIBILITY OF USING THE MUMMY AND THE MUMMY RETURNS. THIS POST CONTINUES THAT DISCUSSION. As another important lesson in economics...

https://www.econlib.org/mummified-political-economy-specialization-and-comparative-advantage/

BLOOMBERG has an article on electric cars, which illustrates some of the advantages of carbon taxes over regulation: > NEW BREED OF EV PROMISES 700 MILES PER CHARGE (JUST ADD GAS) ...

https://www.econlib.org/carbon-taxes-vs-regulation/

AND WE’RE SEEING IT IN REAL TIME IN CANADA. In August 2021, in an EconLog post about Canada , I wrote: > Government can’t subsidize newspapers without putting its thumb on > the...

https://www.econlib.org/subsidies-to-the-press-endanger-free-speech/

Minnesota Governor Tim Walz, the Democratic vice presidential nominee, recently urged his supporters to not “shy away from our progressive values. One person’s socialism is another person’...

https://www.econlib.org/socialism-is-not-neighborly/

THE ECONOMIST has an article discussing the ride share industry.  They pointed out that ride share companies engage in price gouging when demand for their services is high: > This digital ...

https://www.econlib.org/do-consumers-prefer-price-gouging/

Thoughts on the U.S. Open.   Last weekend, I watched large parts of the U.S. Open women’s tennis finals on Saturday and men’s finals on Sunday. I watched some very good tennis. At vari...

https://www.econlib.org/whatever-happened-to-equal-pay-for-equal-work/

Many people, including rationally ignorant voters , ignore the poor state of the US government’s finances. The Table below gives some numbers, extracted from the last budget of the US governmen...

https://www.econlib.org/basic-data-on-federal-finances/

Orgel’s second rule states “evolution is cleverer than you are.” By this, he meant that our inability to explain how this or that feature might have evolved only demonstrates a lack of ima...

https://www.econlib.org/efficiently-inefficient/

British Army major and Sandhurst lecturer Andrew Fox recently spent a week with the Israel Defense Forces including a day inside Gaza. He was struck by the IDF’s control of Gazan territory...

https://www.econtalk.org/is-israel-winning-the-war-in-gaza-with-andrew-fox/