tag:blogger.com,1999:blog-2830084253401570472.post8643699435734313456..comments2024-03-28T09:22:36.967+13:00Comments on Offsetting Behaviour: The omniscience constraintEric Cramptonhttp://www.blogger.com/profile/15831696523324469713noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2830084253401570472.post-50583546186900605532011-08-19T14:16:09.000+12:002011-08-19T14:16:09.000+12:00If you don't like the work of DJ Collins, perh...If you don't like the work of DJ Collins, perhaps you would prefer the work of MA Collins. Both research alcohol, one usefully.<br /><br />http://www.dovepress.com/moderate-alcohol-consumption-and-cognitive-risk-peer-reviewed-article-NDT<br /><br />addresses sick quiters issue as well.<br /><br />-DennisAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-70031794546671450702011-08-14T09:43:15.816+12:002011-08-14T09:43:15.816+12:00@AJ: Shade can be an externality. But Coase does c...@AJ: Shade can be an externality. But Coase does come in. David Friedman's written usefully on the topic.<br /><br />@Matt: Totally.Eric Cramptonhttps://www.blogger.com/profile/15831696523324469713noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-39911330829055899142011-08-12T16:43:59.753+12:002011-08-12T16:43:59.753+12:00The worst thing is how many economists get asked t...The worst thing is how many economists get asked to do this, then talk themselves into believing the market failure. <br /><br />The sooner we recognise the institutional incentives associated with government, the sooner we can do better economics.Matt Nolanhttps://www.blogger.com/profile/05615455113796090765noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-40206280151035721272011-08-12T16:42:32.737+12:002011-08-12T16:42:32.737+12:00And from the paper this morning... Antony Gough cr...And from the paper this morning... Antony Gough criticises height restrictions as being "an arbitarary line in the sand". His solution? 10 stories (clearly not an arbitrary figure).<br /><br />But according to Parker, the height restrictions are to stop poeple being overshadowed by buildings. Is 'people scale' market failure in your book? If not, can we expect a new edition?<br /><br />http://www.stuff.co.nz/the-press/news/christchurch-earthquake-2011/5433075/Height-limits-likely-hot-topic<br /><br />AJAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-85446798145633655372011-08-12T15:43:05.847+12:002011-08-12T15:43:05.847+12:00@Matt: True story. Shortly after my edited volume ...@Matt: True story. Shortly after my edited volume on <a href="http://www.amazon.com/Market-Failure-Success-New-Debate/dp/1843760851" rel="nofollow">market failure</a> came out, I got an email from somebody in UK Trade and Industry saying he was pushing policy X and needed a market failure theory to justify it; he was asking what failure he should cite.<br /><br />Weeping....Eric Cramptonhttps://www.blogger.com/profile/15831696523324469713noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-5288696017958796352011-08-12T15:09:01.112+12:002011-08-12T15:09:01.112+12:00I get emails along these lines all the time. Peop...I get emails along these lines all the time. People just don't realise that the burden of proof for intervention, and for interfering with individual choice, is ON THEM - it isn't up to economic theory to prove to them why they shouldn't arbitrarily intervene.Matt Nolanhttps://www.blogger.com/profile/05615455113796090765noreply@blogger.com