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Archive for March, 2017

Megan McArdle on Reducing Inequality

March 30, 2017 Leave a comment

Some ¬†interesting observations here related to things we’ve been discussing in the Intermediate Microecomins class this past class session: discrimination, marriage as a way to fight poverty, role of government, etc.

Worth reading!

Categories: Microeconomics

Export Bans as Price Control

March 30, 2017 Leave a comment

A great post by Alex Tabbarok:¬†A Visit to the Lasalgaon Onion Market. In class today we’ll discuss this:

When prices are high the government bans exports and blames farmers for hoarding (when prices are low as is true today, exports are allowed).

If You Want Less of Something…

March 3, 2017 Leave a comment

tax it.

This article illustrates several things we talk about in the introductory and intermediate microeconomics classes: derived demand, tax incidence, and the relationship between price elasticity of demand and close substitutes.

I hope my students can read it and apply these concepts to what they read.