
Economics
The Economics of Export Bans - Marginal REVOLUTION
India recently banned the export of non-Basmati rice. What are the economics of export bans? An export ban will tend to decrease the world supply thereby raising world prices but some of the previously exported goods will flow to the domestic market reducing domestic prices, which is the typical reason for an export bans. FT: […]
Smuggling Fluff: How Beanie Babies Became Contraband
Everybody loves to recall the Beanie Baby craze in the late 1990s. It's the perfect reference point for bubbles like Pokemon cards and NFTs, and they're a good story about monopolistic competition. But these stories rarely remind us of the massive smuggling problem that created
Israeli startups act to relocate over judicial shakeup, survey finds
Nearly 70% of Israeli startups have taken action to relocate parts of their business outside Israel, a survey released on Sunday by an Israeli non-profit organisation on the government's planned judicial overhaul found.
Modest Declines in Positive Views of ‘Socialism’ and ‘Capitalism’ in U.S.
Americans see capitalism as giving people more opportunity and more freedom than socialism, while they see socialism as more likely to meet people’s basic needs, though these perceptions differ significantly by party. Many Democrats say socialism meets people’s basic needs; Republicans say it restricts individual freedoms.
Used Clean Vehicle Credit | Internal Revenue Service
Beginning January 1, 2023, if you buy a qualified used electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit (also referred to as a previously owned clean vehicle credit). The credit equals 30% of the sale price up to a maximum credit of $4,000. The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years. Purchases made before 2023 don't qualify.
National Housing & Economic Forecast 2023 Mid-year Update: Despite Easing Home Prices, Costs Remain High
Realtor.com's midyear forecast and housing market predictions on key trends that will shape the remainder of the year. Home prices, market trends and more as we look toward the second half of 2023.
Incentive programs have lured thousands of remote workers from major metro areas to small cities
Nearly four years have passed since Tulsa Remote began promising $10,000 to workers who’d relocate to the Oklahoma city for at least one year. Here’s where that program and similar efforts stand today.