About EconomicsEconomicsOil Cross-Price Elasticity of Demand- July 5, 2008 I should alert Greg Mankiw to an article in today's National Post. From The Upside of $200 Oil: Stepping gingerly towards the crystal ball, one could also say that there...http://economics.about.com/b/2008/07/05/oil-cross-price-elasticity-of-demand.htm Bryan Caplan Makes a Terrific Anti-Pigovian Argument- July 3, 2008 Bryan Caplan - Bryan Caplan Politely Declines to Join the Pigou Club. The entire argument is excellent (and worth reading). I would just like to comment on this: My...http://economics.about.com/b/2008/07/03/bryan-caplan-makes-a-terrific-anti-pigovian-argume... ECB Raises Rates a Quarter Point- July 3, 2008 The European Central Bank did what the Fed decided against - a 25 basis point rate hike. The details: The minimum bid rate on the main refinancing operations of...http://economics.about.com/b/2008/07/03/ecb-raises-rates-a-quarter-point.htm How Much Is China Responsible For Oil's (and Other Commodities) Run Up- July 2, 2008 A lot, according to this well argued post on Coyote Blog. I won't even try to summarize it. Just read it. I am not at all embarrassed by...http://economics.about.com/b/2008/07/02/how-much-is-china-responsible-for-oils-and-other-c... An Absurd Anti-Pigovian Argument- July 2, 2008 From Growthology: we should aim to tax the bad things (noise, gasoline, trash, violent crime, evil foreign dictators) and untax the good things (homegrown profits, employment, innovation). To which Three Sources...http://economics.about.com/b/2008/07/02/an-absurd-anti-pigovian-argument.htm How Much Are Speculators Responsible For Oil's Run Up- July 1, 2008 Garth Brazelton on oil speculation: Both Paul Krugman and Alan Reynolds (and Mike Moffatt) don't believe oil specualation is significantly driving prices. Last week I made the argument that it could be,...http://economics.about.com/b/2008/07/01/how-much-are-speculators-responsible-for-oils-run-... |