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June 2022

  /    /  June (Page 4)

A familiar question in a standard microeconomics graduate seminar goes something like this: a Pigouvian tax is not market distorting. True or false? The expected answer: true. True? Any fiscal intervention being definitionally a distortion of how a given market would otherwise operate, how can

The recent school shootings have led many people to want to restrict or deny altogether our right to own guns, and in these troubled times, it is all the more essential to bear in mind the reasons for that right.