I don’t like to publish bad news about the Kerry campaign, because let’s face it, I’m biased and it only hurts my cause. There’s been an awful lot of bad press about how Kerry’s been handling his campaign lately, and I am starting to agree with a lot of it. But the ultimate [...]

Posted on September 13th, 2004 by Lee
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Marginal Revolution: One of America’s biggest “export” industries is declining
It’s good to see that economists are finally considering the gravity of some of the ways that America has dealt with terrorism. A 28% decline in international student applications to U.S. may not seem very important in the short run, as long as university cash [...]

Posted on September 9th, 2004 by Lee
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Here’s one for those people who think that copyright laws don’t really matter, from the folks over at Marginal Revolution. It’s referring to the sales of Elvis’ rereleased “That’s All Right.”
Under current EU law, sound recordings are classified as “performance” and copyrighted for a period of 50 years. This is not to be confused [...]

Posted on August 14th, 2004 by Lee
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This is an exercise in economy. I am currently at an Internet café in Shrewsbury. It is the only one, ergo it has monopoly power. It can charge socially inefficient rates for Internet access, and reap above normal rates of return. Internet access here is £6(!!!) an hour.
This is an exercise [...]

Posted on July 20th, 2004 by Lee
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We live in a world with property and inheritance taxes. To most of us, it doesn’t seem strange to pay taxes on the value of our property. But for much of history, that was completely unheard of. Taxes were on imports and exports only (since they were so much easier to measure). [...]

Posted on July 14th, 2004 by Lee
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