Blog Archives

How to target marketing at the right demographics to achieve persuasion

Habit is a book by Charles Duhigg that got an extremely highly-reviews on Amazon.  He also wrote a fantastic article about habits and marketing based on the book for The New York Times Magazine.  You should read the whole thing, but

Posted in Managerial Micro, Public Finance

Myth, religion, and fascism

Yuval Noah Harari is the author of Sapiens: A Brief History of Humankind. The basic thesis of the book is: The truly unique trait of Sapiens is our ability to create and believe fiction. All other animals use their communication system to describe

Posted in Philosophy and ethics, Public Finance

How democracy dies

Hungry? Photo by James Lee Freedom House’s most recent survey of the state of democracy in the world says: Democracy faced its most serious crisis in decades in 2017 as its basic tenets—including guarantees of free and fair elections, the rights

Posted in Pence2018, Public Finance

Government debt hits all-time record. You now owe $63,000!

Although Forbes magazine regularly  opines  that US government debt is at crisis levels, most Americans don’t seem to care these days. If we divide up the total government debt by the population and adjust for inflation (using the 2018 value of the dollar),

Posted in Public Finance

Radical political ideas that could make the world better but can’t get political support

Henry George promoted a revolutionary plan for the tax system that economists generally agree would be more fair and efficient, but 120 years after his death, still (almost) nobody cares about his great idea. Pigouvian taxes are another idea that

Posted in Managerial Micro, Public Finance

Policing crime vs immigration?

Do you fear crime? Do you fear terrorism? Do you feel safe? It turns out that the government is much more afraid of immigrant groundskeepers and farm workers than terrorists or violent criminals: Congress… has elected to spend more than

Posted in Labor, Public Finance

Rising dominance of fewer corporate behemoths.

The number of publically traded corporations used to grow with the US population as you might expect. More people means more customers and more workers which creates opportunities for more corporations. But the number of public corporations peaked in 1996

Posted in Managerial Micro, Public Finance

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