Research Briefs

Thursday, February 15th, 2018

If there is one entity this article can definitively criticize, it is the DOJ itself. In both the current AT&T/Time Warner matter and the NBCU/Comcast merger it allowed with numerous conditions in 2011, it relied on economic logic that can be called into question and mathematical models that were intended to formalize broad concepts in an academic setting, not predict the future with enough precision to provide grounds to approve or block multibillion-dollar mergers.

Monday, February 5th, 2018

A phenomenon known as the Replication Crisis is challenging the seemingly unquestionable authority and accuracy that a published study in the natural sciences is expected to have, inviting the question as to whether economists should aspire to the standards of natural scientists or to something better.

Friday, February 2nd, 2018

It only takes a quick glance at recent news to know Bitcoin is volatile; its fluctuations in price have made headlines for months now. But exactly how volatile is it relative to commonly used currencies, and how does that affect this cryptocurrency’s ability to actually be a usable medium of exchange?

Monday, January 29th, 2018

Although economists around the globe may not yet share a common method of inquiry as biologists, physicists, and chemists do, E.C. Harwood had a vision of an inevitable future of economics based on the scientific method. He proclaimed, “Organized intelligence shall triumph over the infantile, the primitive, the prescientific economic knowings of mankind.”

Friday, January 26th, 2018

While the nature of the news events does not necessarily explain the magnitude of Bitcoin’s price changes or its daily volatility, it does suggest that the market is not being driven entirely by manipulation or the behavior of small numbers of traders.

Friday, December 29th, 2017

Interfering with trade will make everyone poorer.

Wednesday, December 27th, 2017

Why should the government encourage homeownership?

Thursday, December 14th, 2017

Government intervention is the chief obstacle to mobility. Lower-income people would benefit immeasurably from the scrapping of those interventions.

Thursday, December 7th, 2017

Trump-appointed FCC Chairman Ajit Pai condemns the current rules because of their preemptive nature.

Wednesday, November 29th, 2017

Judging by much business news, you’d forget that the consumer is the raison d’être for economic activity.

Wednesday, November 22nd, 2017

To produce a good is to render a service.

Tuesday, November 21st, 2017

This is the third and final article in a series about blockchain-enabled “smart contracts” and their ability to address retail fraud.

Thursday, November 16th, 2017

Let business fend for itself, competitively serving consumers rather than lobbying for government privileges.

Tuesday, November 14th, 2017

This is the second in a series of three articles about blockchain-enabled “smart contracts” and their ability to address retail fraud.

Thursday, November 9th, 2017

We’ve heard that “there ain’t no such thing as a free lunch.” But in the internet age, free stuff abounds. 

Tuesday, November 7th, 2017

This is the first in a series of three articles about blockchain-enabled “smart contracts” and their ability to address retail fraud.

Friday, October 27th, 2017

The “FT” in NAFTA may stand for “free trade,” but that doesn’t mean it is.

Tuesday, October 24th, 2017

Cutting taxes, which President Trump promises, without cutting spending would increase the budget deficit and therefore the national debt and interest payments. 

Friday, October 20th, 2017

Inflation “robs millions of citizens who in their desire to be self-reliant have set aside funds for the education of their children or their own retirement, and it hits many of the poor and elderly especially hard.”

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