Tag: econ
When to walk away: Overcoming the sunk cost fallacy
March 4, 2017 | Post
If there is a single aspect of the economic way of thinking that I struggle to put into practice, it’s the idea of letting go of my sunk costs.
Against international economics as a sub-discipline
January 22, 2017 | Post
Only individuals, separately or in voluntarily formed groups such as firms, trade; countries as such do not trade.
The Estate Tax is a Fundamentally Flawed Economic Policy
September 28, 2016 | Post
There are two problems with an estate tax: 1. The belief that estates should be taxed at all reveals a fundamental misunderstanding of economics, and 2. The actual taxing of estates has very different effects than those that advocates imagine it will have.