Kids Prefer Cheese

Amazing.  Also totally unsurprising. Imagine filing your income taxes in five minutes — and for free. You'd open up a pre-filled retu...

"For a sense of how the U.S. Department of Veterans Affairs is coping with an unprecedented number of disability claims, consider tha...

Prof. Newmark provides a nice set of examples and varieties of rent-seeking.  Well linked, sir. The video version of my own effort:

I did a short video on the costs of trying to give away money.  Some people were critical of the flippancy of the example.  But remember, ...

In the U.S. there have always been centers for frenzied entrepreneurial activity, creating value, wealth, and employment. It's what we ...

A classic example of rent-seeking . Because the police can "make money" by distorting their efforts to focus more than is appropr...

1. The Federal government is closed for the 4th straight day ! 2. Jobless claims fall faster than expected. 3. Randy Waldman actually got so...

I pretty much laughed out loud when I saw the title of this piece from the Atlantic: "Did Christianity cause the Crash?" As ridicu...

In a new NBER working paper (ungated version here ) Alfaro and Chari ask the question, "India Transformed?" and their answer goes ...

Wow. My man, Alexander Hoffelder, shared a quote from Bastiat that I had never seen before. And that quote is the single best indictment of...

According to Money Magazine , I have the 3rd best job in America: College Professor. They kind of jumble up two very different kinds of jobs...

There is a very clever and interesting article in the inaugural issue of the AEJ: Macroeconomics by Raghuram Rajan (ungated version here ) c...