Reviving Economics

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics.

Monday, April 30, 2007

Gas Hoax

A friend of mine has posted the following urban myth on his myspace blog: "NO GAS...On May 15th 2007 Don't pump gas on MAY 15th In...

IN approves 44 cents increase in cigarette tax

http://www.insideindianabusiness.com/newsitem.asp?id=23058 . Prices of a pack of cigs vary of course in IN, but let's make the reasonabl...

Sunday, April 29, 2007

Paul Ormerod and revising textbooks

He notes in a recent publication of Post-Autistic Economic Review: "The problem, and it is a very big one, is that most economists cont...

Friday, April 27, 2007

Pigovian calculation with a government

The continued discussion on Karl's website leads me to draw a distinction between textbook pigovian taxes and the fact that government r...

My response to Karl Smith

Karl Smith writes : "A few people have complained in the comments on Greg's site that we shouldn't increase the gas tax becaus...

Thursday, April 26, 2007

Cap and Trade v. Carbon Taxes - Definitive

Previously discussed benefits of Cap and Trade (CAT) over tax hikes include: 1. Politically feasible due to the fact that the tax incid...

Wednesday, April 25, 2007

Benefits of Cap and Trade over Tax hike....

http://gristmill.grist.org/story/2007/2/12/102851/837

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About Me

Garth A Brazelton: Indianapolis, IN; I work for the Indiana Economic Development Corporation as the Director of Operations and Business Systems, and I teach macroeconomics at Indiana University (Indianapolis). Previously, I was an Economist at the US DOT in Cambridge, MA. This blog does not represent the opinions of any of these organizations.

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