Eric Crampton • Oct 15, 2013 •
American conservatives rail (rightly) against legislation banning price gouging. The pretty standard economic case is hard to overturn: in a crisis, it's really important to make sure that we provide incentives to bring scarce resources into a disaster area and to ensure that those scarce resources are allocated appropriately. We can find some cases where anti-gouging legislation has done harm. Read More
Eric Crampton • Mar 21, 2013 •
Matt Yglesias, author of "The Rent is Too Damned High", points to work damning America's blue states. The map shows that it takes far more hours of work at the state minimum wage to afford a two bedroom apartment in California, Maryland, DC, New J... Read More
Eric Crampton • Mar 20, 2013 •
Matt Yglesias points to a small bit of low-hanging fruit: solving the information problem that keeps smart low-income kids from low academic social capital suburbs and rural areas out of great universities and colleges. Smart lower income kids that live near the home catchments of decent universities are targeted for scholarships by those schools: a substitute for … Read More