Via Vox come these thoughts on the interface between the language of economists and general media and audience. Deadweight Loss Re-defined Economists usually think of taxation as inefficient. This column…

Jobless claims slowly continue to get “less worse,” while longer term deadweight loss builds The good news in this morning’s jobless claims report is that the trend of “less worse”…

…perfectly reasonable to assume that taxation can be increased. Except that, as you can see from the graphic I have left on the screen, we have a large deadweight loss…

…. . . Recent Quartz article on Private Label and Brand name. Private-label brands are having a moment in 2024, and it’s no coincidence that some of the biggest winners…

…country causes a shift to labor intensive sectors causing higher wages and lower returns on capital (that’s the point). It also reduces GDP by a Harberger triangle of deadweight loss(so…

by cactus Forbes and the “Self-Made” Label I’m kinda busy these days, but this topic is small pet peeve of mine: what the heck is up with Forbes and the…

…have to submit articles.” Off-label use of drugs is big business. According to The Wall Street Journal, “[FDA] is stepping into a high-stakes business issue, because off-label uses of prescription…

…unreasonable cases, but if it is reasonable that the off-label use of the drug might have caused the damage, then the encouraged off-label use would lead to an assumption of…

…I can safely and for sure tell you that food labeling is approved by the USDA and or the FDA. A small change in a label or packaging such as…

…where there were few high net marginal tax rates large enough to induce large deadweight losses. And then, in the blink of an eye, the problem became not public-finance deadweight…