Os limites da livre imigração [Portuguese translation]

[This is a Portuguese translation of “The Limits of Open Immigration”, originally published in English at EveryJoe.] Quando eu imigrei para os Estados Unidos, a experiência não foi bem um pesadelo, mas uma série de sonhos ruins. Eu era do amistoso vizinho Canadá. Eu tinha um Ph.D. e uma oferta de trabalho de uma universidade […]

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Good Monopoly, Bad Monopoly: When Are Monopolies Actually a Problem? [Good Life series]

Let me give you some examples of monopolies and ask: Which are good and which are bad? 1. Megan and Ramon begin dating and become enraptured of each other. Soon they are monopolizing each other’s time and decide to form a lifetime, exclusive relationship. 2. A town in a remote area has a few stores

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Krause’s 2016 index of institutional quality

Last month I linked to the 2015 edition of “INSTITUTIONAL QUALITY 2015” [pdf], which ranks 193 countries in three categories: Institutional Quality, Political Institutions, Market Institutions. Here is the new 2016 edition, in Spanish and English. Martín Krause is Professor of Economics and the University of Buenos Aires and a specialist in law and economics

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Who Is Really Serious About Monopolies? [Good Life series]

Raise the topic of monopolies, and the ensuing discussion will quickly highlight ideological blind-spots. A colleague with whom I’ve taught courses in business and capitalism sent to me, enthusiastically, this article by Paul Krugman, a Nobel-Prize-winning economist. Krugman attacks Amazon and calls for it to be cut down a few notches. Amazon, he says, has

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