Category Archives: Incentives Matter

a first class economist on the minimum wage

Posted on November 27, 2015 by christopher fisher

An important post on the Minimum Wage debate. Don Bourdreaux posts some blog comments from an anonymous commenter. Excerpts: On possible unintended consequences: (1) Low-skilled workers can be replaced by slightly more-skilled workers once the wage difference between them has … Continue reading →

Posted in Econ 101, Economics, Incentives Matter, Price Controls | Leave a comment

professional photographer 2 minutes of hate

Posted on April 16, 2015 by christopher fisher

April 15 is known as Tax Day in America. Within the professional photography community it is a day of rage. In 1984 terms, it is their Two Minutes of Hate. Up to a third of photography business profits might be … Continue reading →

Posted in Econ 101, Economics, Goverment, Incentives Matter, Price Controls, prices, Standard of Living | Leave a comment

taxi avoidance of regulation

Posted on August 14, 2014 by christopher fisher

About 14 million people live in Bangkok. The city is a sprawling maze of streets with the traffic density to match. Most residents drive scooters, but plenty of cars are also to be found. Many (a visible estimate of half) … Continue reading →

Posted in Econ 101, Economics, Incentives Matter | Leave a comment