Politics Roundtable

Politics Roundtable

Political blogs of interest to economists.

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Social Policy Bond Blog


August 28, 2010, 4:19 pm, 756509

A surrogate marker is an event or a laboratory value that researchers hope can serve as a reliable substitute for an actual disease. A common example of this is blood cholesterol levels. These levels are surrogates, or substitutes, for heart disease. If a medical study demonstrates that a medication ...


August 25, 2010, 6:19 pm, 755068

August 17, 2010, 8:19 pm, 751023
Or perhaps, lottocracy? In a review of Philip Ziegler's biography of the former British Prime Minister, Edward Heath, Ferdinand Mount says:

[Heath] promised a 'quiet revolution', in terms which understandably convinced his right wing that he had come over to their way of thinking. By ...


August 15, 2010, 4:19 pm, 749712

In his book, Professor Shoup estimated that the value of the free-parking subsidy to cars [in the US] was at least $127 billion in 2002, and possibly much more. ... “Who pays for free parking? Everyone but the motorist.” Free parking comes at a ...


August 14, 2010, 4:19 pm, 749441
An article in the Atlantic, highlights the likelihood of Iran's developing nuclear weapons.

The Iranian leadership’s own view of nuclear dangers is perhaps best exemplified by a comment made in 2001 by the former Iranian president Ali Akbar Hashemi-Rafsanjani, who entertained the idea ...


August 8, 2010, 2:19 pm, 746065
That's the title of a post by Denis Weisman, which outlines some of the laws that protect US car dealers from having to beheave competitively.

Some states make it illegal to sell cars at lower prices to high-volume dealers than to low-volume franchisees. Some prohibit car companies from selling ...


August 3, 2010, 6:19 pm, 743395
Tyler Cowen asks:

How many [books on morality and markets] take seriously the notion that our moral intuitions can be badly misguided for judging the operation of an impersonal market economy in the modern world? Not so many, though all seem to think they do.


July 30, 2010, 4:19 pm, 741474

...5% of movies pay for the other 95%, and success or failure is unpredictable. The best the studios can hope to do is find contractual mechanisms that back success after it happens and thus leverage their profits. This was what they had with distributors and cinemas, and it worked. They ...


July 26, 2010, 6:19 pm, 738655


July 20, 2010, 6:19 pm, 735452
One of the virtues of Social Policy Bonds is that people, as distinct from government agencies and corporations, would decide on policy goals. As human beings, we probably would not want to divert funds from taxpayers and consumers to, for example, big agriculture, wealthy landowners, or big energy. ...