Monday, April 25, 2016

Is universal basic income a better solution to poverty than a myriad of welfare programs?

http://fivethirtyeight.com/features/universal-basic-income/

Universal basic income let's the individual decide how to spend rather than having a government bureaucrat decide.

It would eliminate all sorts of government programs purported to help poor people and the costs of administering them programs.

Saturday, April 23, 2016

Collusion is difficult to achieve

http://managerialecon.blogspot.com/2016/04/is-iran-free-riding-on-opec.html

5 truths about trade

http://www.wsj.com/articles/five-big-truths-about-trade-1461280205

How to produce less bad stuff and more good stuff

http://www.cnn.com/2016/04/19/opinions/sutter-carbon-tax-washington-british-columbia/index.html

Does government regulation make insurance markets work better?

This article points out that regulation of health insurance (Obamacare) is an imperfect solution to whatever problems may exist the market: http://www.investors.com/politics/editorials/obamacare-suffers-three-major-blows-in-one-week/.

Is an increase in the minimum wage a good way to make the distribution of income more fair?

This article say no: http://qz.com/664196/wholl-pay-for-a-15-minimum-wage/