A Question of Organizational Literacy Bryan Caplan By Bryan Caplan, Feb 10 2014 SHARE POST: What fraction of Americans can correctly explain the difference between a business and a corporation? Please show your work.
Feb 10 2014 Behavioral Economics What the Swiss Vote Really Shows Bryan Caplan The Swiss just passed a referendum to restrict immigration from the EU. Tyler thinks this shows that open borders is a hopeless cause. When immigration gets too high, public opinion naturally turns against immigration. Normal 0 MicrosoftInternetExplorer4 In my view immigratio... 45 Read More
Feb 10 2014 Labor Market Why do booms feel good? Scott Sumner The answer to this question might seem obvious, but it isn't. Yes, booms feature lots of jobs and income, but most standard macro models suggest that booms feature "excesses," with too much employment and perhaps over-investment too. In the sticky wage/price model, recessions are bad because workers are working les... 24 Read More
Feb 10 2014 Behavioral Economics A Question of Organizational Literacy Bryan Caplan What fraction of Americans can correctly explain the difference between a business and a corporation?Please show your work. 14 Read More