US Presidential Election
The US presidential election involved timeless issues. While the election is over, the issues about fiscal and monetary policy and regulation remain topics for econlife.
Should government subsidize a railroad? Our story starts during the 1970s when you could fly from New York to Washington, D.C. on the Eastern shuttle. Eastern left hourly (!) and guaranteed a seat to everyone who showed up for the flight. Imagine, coffee cup...... [read more]
University of Chicago professor Luigi Zingales tells the story of being asked to tape his windows during a tornado watch in Boston. A similar mandate in Italy, he said, would mean that the brother of the mayor was in the tape business. Furthermore, when...... [read more]