Economics

Economics

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The housing theory of everything - Works in Progress
The housing theory of everything - Works in Progress
Western housing shortages do not just prevent many from ever affording their own home. They also drive inequality, climate change, low productivity growth, obesity, and even falling fertility rates.
derek68·worksinprogress.co·
The housing theory of everything - Works in Progress
Fed needs a recession to win inflation fight, study shows
Fed needs a recession to win inflation fight, study shows
The Federal Reserve will be hard-pressed to lower inflation without a significant blow to U.S. economic activity and a sharp rise in unemployment, and even then may miss its 2% inflation target for years to come, a group of top economists concluded after a review of central banks' past inflation battles.
derek68·reuters.com·
Fed needs a recession to win inflation fight, study shows
No cow needed: Oat and soy can be called milk, FDA proposes
No cow needed: Oat and soy can be called milk, FDA proposes
Soy, oat, almond and other drinks that bill themselves as “milk” can keep using the name, according to draft federal rules released Wednesday. Food and Drug Administration officials issued guidance that says plant-based beverages don’t pretend to be from dairy animals – and that U.S.
derek68·apnews.com·
No cow needed: Oat and soy can be called milk, FDA proposes
Labels: Lower Music Prices And Increase Your Profits, Study Says
Labels: Lower Music Prices And Increase Your Profits, Study Says
Anyone who still remembers the basic principle of Economics 101 understands, on a gut level, one big problem with recorded music: It costs too much. The price of music has everything to do with supply — in that the major labels and music stores set the price of music — and little to do with […]
derek68·wired.com·
Labels: Lower Music Prices And Increase Your Profits, Study Says
Junk Fees, Bundling and Unbundling
Junk Fees, Bundling and Unbundling
Joe Biden harped on junk fees during the State of the Union. While I do not think it is the problem of our time, I take things in the reference class of resort fees, or fees to have adjacent seats on an airplane, and other such unbundling (and bundling) surprisingly seriously. I am putting up my thoughts here so I have a reference to fall back upon.
derek68·open.substack.com·
Junk Fees, Bundling and Unbundling
Subsidizing Higher Education Is Not Creating Widespread External Benefits | Gary M. Galles
Subsidizing Higher Education Is Not Creating Widespread External Benefits | Gary M. Galles
President Biden's student debt relief proposal created a storm of controversy. That is not surprising, since it was a transparent (and apparently successful) attempt to buy the votes of an important Democratic constituency, even though it created a target-rich environment for critics. It is sharply pro-rich at the expense of those far poorer, from a party pretending to stand for the opposite. It
derek68·independent.org·
Subsidizing Higher Education Is Not Creating Widespread External Benefits | Gary M. Galles
Super Bowl of Welfare
Super Bowl of Welfare
Sports stadiums get billions of dollars in taxpayer subsidies, including Mercedes-Benz Stadium, home to the Atlanta Falcons and the site of this year's Super...
derek68·youtube.com·
Super Bowl of Welfare