Eric Crampton • Jun 17, 2014 •
Shaun Hendy reports on an accidental experiment in the effects of the number of referees on grant decisions.In mid-2012, the newly formed Ministry of Business, Innovation and Employment (MBIE) inadvertently conducted such a trial, albeit by a... Read More
Eric Crampton • Apr 11, 2014 •
David Smith points out that New Zealand isn't as pure as I'd like. In comments over on last week's post on New Zealand's generally "less stupid" policy stance, he wrote:Eric,I'm afraid your comment on NZ occupational licensing is not correct. You can s... Read More
Eric Crampton • Feb 03, 2014 •
Homeowners are the worst.Living in cities lets us reap the benefits of agglomeration: being near others in similar or complementary industries makes each of us more productive. Wages are higher in cities not because of the cost of living but rather bec... Read More
Eric Crampton • Oct 02, 2013 •
Don't give money to mutilated children if you want to discourage child mutilation. Sounds terrible? It's true. At least in places where it's plausible that money induces mutilation. Gordon Tullock explained the basic principle in his 1967 article, The Welfare Costs of Tariffs, Monopoly and Theft. Where there is some rent available, real resources will be devoted to attracting the … Read More