Tagged: Matthew Yglesias

Not enough gouging - The Dismal Science

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

Information mismatch - The Dismal Science

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