Economic Logic

Slowly, the idea of carbon credits is making its way into the minds of legislators. Market based solutions to pollution control are much bet...

It has always struck me how large the diaspora of Argentinian economists is, especially in Macroeconomics. Speaking to them, I learned that ...

Local laws have sometimes original quirks that make the study of institutions interesting, at times even funny. But not all are cute, and I...

How big should a town be? Should it merge with its suburbs? Should neighboring villages agglomerate? What is the best outcome for inhabitant...

Argentina is blessed with a very rich agriculture. A century ago, its standard of living was among the highest of the world thanks to this s...

The RePEc blog laments how few women register for its services. I would like to take this opportunity to ask where the women are disappeari...

The Liberal Party of Canada, official opposition, just presented its new tax reform, entitled the Green Shift . It is a very pleasant read, ...

It is well known that in a political with two candidates, they become indistinguishable . Irrelevant matters then become important. Thus, go...

Many US towns have programs that give tax breaks to seniors when they pay their real estate tax. Many seniors have little income, and those ...

I just receive a message, also sent to 50 other bloggers, from Nouriel Roubini to become a contributor to RGE Monitor . His team would pick ...

How should one encourage to use of alternative energy sources? There are essentially two market based means: subsidizing the good sources, a...

How important are credit constraints for households? This is not obvious to determine empirically due to a host of issues: one observes only...

The Stern Review on the Economics of climate change has generated considerable controversy, not the least among economists. The way the mod...

Robert Barro has been pushing recently the old idea that expectations of catastrophic events with low probability can matter substantially i...

Whenever I drive in the United States, I am really annoyed by the repeated stopping of traffic. There is a stop sign almost on every corner,...