Everybody enjoys a feel-good story. And for economists, anyway,the latest data on income inequality in Latin America fits that description very well. After decades in which the income divide in this most divided of regions only seemed to grow wider, the process has abruptly reversed. What’s more, the reasons for …
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By Robert Hahn, Peter Passell | Tags: Giovanni Cornia, income inequality, Latin America | Category: Political Economy |
 Leave a commentIs this (in the immortal words of James Rado and Gerome Ragni) the dawning of the Age of Aquarius? No, seriously: Are we 21st century humans about to experience an era of unprecedented growth and increase in well-being? Professor Philip Auerswald of George Mason University makes a convincing case that entrepreneurs will … By Robert Hahn, Peter Passell | Tags: Mancur Olson, Philip Auerswald | Category: Political Economy |
Leave a commentWhen you think about it, the match was inevitable. Washington needs Facebook – and Facebook needs Washington. Start at the back end. President Obama hosted a town hall meeting on Facebook today because there is probably no more effective way to attract (positive) attention from under-forty-somethings. No suprises there. What may … By Robert Hahn, Peter Passell | Tags: Facebook, Google, Microsoft, National Recovery Administration | Category: Political Economy |
Leave a commentWith the rise of the Tea Party, libertarianism is gaining new respect in Washington. Trouble is, folks don’t agree on how much influence libertarians have really gained. (Is Michele Bachmann really the heir to the ideas of Friedrich Hayek and Murray Rothbard?) More particularly, whether libertarianism should be held accountable … By Robert Hahn, Peter Passell | Tags: Ezra Klein, Friedrich Hayek, libertarianism, Michele Bachmann, Murray Rothbard, Ross Douthat | Category: Political Economy, Quick Takes |
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Professor Dieter Helm (Oxford) is a very fine fly fisherman, and an even better economist. If you haven’t done so, take a look at his new book “The Carbon Crunch: How We Are Getting Climate Change Wrong — and How to Fix It” for a bit of unconventional wisdom. He argues that politicians and the general public have not shown any real interest in addressing climate change. Helm argues that places like Europe should focus on setting a price for carbon that would cover consumption (and not just production), and that fracking could be a good “bridge” technology for reducing consumption of coal. The book is readable and insightful for those interested in the inside track on climate policy. 
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