Posts Tagged ‘ Economics ’

Illegal Work and the Minimum Wage

August 3, 2004 | 5 comments
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Last Saturday my advisor informed me that he never wanted to read my dissertation again, which was his way of saying he was ready to sign off. So I thought I would amuse everyone (well, me anyway) with a very brief recap of my findings. Let me assure you that there is no Mormon angle to this work, so if you are offended by the secular, feel free to move on. Read more »

Twelve Differences Between Taxation and Robbery

June 25, 2004 | 34 comments
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This is a short primer on the differences between taxation and robbery. At times these two phenomena are sufficiently difficult to differentiate that perhaps such a discussion will be helpful. Feel free to append your own differences to the dozen provided: 1. Taxation is done by a group of people that claim to represent you. Robbers do not claim to represent you. Read more »

Rationality

June 24, 2004 | 16 comments
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Occasionally there is some odd comment here or there on this site alluding to “rational choice” models. Now almost nobody in economics uses this phrase, because you don’t need a word to describe what everyone is doing. Yet rationality seems to get some non-economists excited. Why? Read more »

“Don’t Be Evil”

May 1, 2004 | 42 comments
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Unless you have been spelunking for several days, you have heard a lot more about Google recently than you ever wanted to know. (Of course, if you want to know even more, I invite you to check out my other blog where I have been writing about Google ever since the filing.) This event has attracted so much commentary because Google has provided so much fodder. Most importantly, the founders wrote a letter — “‘An Owner’s Manual’ for Google’s Shareholders” — that has struck a chord with many who fancy themselves as part of a “corporate social responsibility”... Read more »

Brigham’s Attack on Communal Economics

March 24, 2004 | 16 comments
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One of my most prized worldly possessions is a complete set of the Journal of Discourses. I love these books. I love the way that they look. It probably has something to do with my fascination with law books, which they closely resemble. I also love the sermons. They are a wonderful mass of exhortation, speculation, advice, brow beating, and occasionally sublime testimony. They also have a wonderful ability to surprise you. A couple of Sundays ago, I pulled down a volume at random and started reading a sermon. (I do this from time to time.) While I was... Read more »

Charity and the Ex Post/Ex Ante Dilemma

March 5, 2004 | 35 comments
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We are supposed to help those who are in need. The scriptures seem to be quite clear about this. And that, of course, is the problem. I have phrased the issue in what legal theorists call the ex post perspective. We take need as given and the morally relevant question is what our response to the need should be. Our decision is seen as being an after-the-fact (in this case the fact is need) event. The problem, of course, is that we can also look at our decision from what legal theorists call an ex ante perspective. Rather than... Read more »

Deserving One’s Wages

February 23, 2004 | 14 comments
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Russell’s qualified repudiation of the idea that all those with a six-figure salary are on their way to hell has got me thinking about wages and what one can deserve. Read more »