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3 posts tagged with Economics by daksya.
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Crime & Abortion

Economist Steven Levitt, author of Freakonomics, has long posited a controversial thesis that legalized abortion help reduced crime, by reducing unwanted children, prone to crime. However, a new paper argues that Levitt (& Donohue) made serious errors in their research. Properly analysed, abortion has no significant effect on crime. Levitt disagrees, of course.
posted by daksya on Dec 4, 2005 - 46 comments

The 2005 Nobel Prize for Economics

The 2005 Nobel Prize for economics goes to Robert J. Aumann and Thomas C. Schelling. Marginal Revolution has a wonderful set of posts that link to various related resources, like a summary of Aumann's work or Schelling's views on global warming.
posted by daksya on Oct 10, 2005 - 17 comments

Costs of cannabis prohibition is lot more potent than in the 70s

The Budgetary Implications of Marijuana Prohibition by Jeffrey Miron of Boston U.. So far, endorsed by 500+ economists, including Milton Friedman.

Key points:
*End prohibition and save $7.7 billion in govt. expenditure.
*Tax its sale, like alcohol, and generate $6.2 billion in revenue.
posted by daksya on Jun 1, 2005 - 79 comments

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