Could the Latest TikTok “Ban” Pass Constitutional Muster?
Jennifer Huddleston
The Welfare State Prolongs Recessions
Far from being an “automatic stabilizer” that mitigates recessions by engaging in “countercyclical” spending, the welfare state actually makes recessions longer and deeper. Time to acknowledge that fact and do away with it altogether.
New working paper: Total Economic Valuation of Great Lakes Recreational Fisheries: Attribute Non-attendance, Hypothetical Bias and Insensitivity to Scope
Total Economic Valuation of Great Lakes Recreational Fisheries: Attribute Non-attendance, Hypothetical Bias and Insensitivity to Scope John C. Whitehead, Louis Cornicelli and Gregory Howard Abstract: We use stated preference methods to estimate willingness to pay to avoid reductions in recreational catch in Great Lakes fisheries.
New working paper: The Aggregate Economic Value of Great Lakes Recreational Fishing Trips
The Aggregate Economic Value of Great Lakes Recreational Fishing Trips John C. Whitehead, Louis Cornicelli, Lisa Bragg and Rob Southwick Abstract: We use the contingent valuation method in a survey of Great Lakes anglers to estimate the willingness to pay for a
No Such Thing as a Neutral Fed
The Federal Reserve claims to be independent and politically neutral. But since its actions have political ramifications, it is impossible for the Fed to be either.
The Swiss National Bank vs. the Federal Reserve: The Fed’s Capital Losses in Perspective
Do you like your central bank capital positive or negative? The Fed is bankrupt, but even after taking recent losses, the Swiss National Bank still has positive capital.
