Category: Social Sciences and Economics

The Parable of the Talented Endowment Tax

Governments impose taxes in order to raise revenue that, in turn, funds government function and services.[fn1] In designing a tax system, tax theorists generally try to create provisions that will raise revenue without significantly altering taxpayers’ economic choices. That is,…

The Tebows and Other Good Omens

I never expected to see the day that Kate Michelman, past president of NARAL, would write, “all sorts of well-educated and progressive people are comfortable calling themselves pro-life.” Michelman’s opinion piece in the Washington Post is fascinating not only for…

Charity Free Riding

As we all know, the gospel is overrun with economic doctrine.  On that note, I noticed a quote about free riding from President Monson (which I just saw at Mormon Times): “I am confident it is the intention of each…

Morality Polling

Suppose you take a “wisdom of the crowds” approach to morality (not that you should). Well then what could be more informative than a poll telling you what actions are morally wrong and what aren’t? Enter Gallup’s recent poll… Tip:…

Optimal Tithing

Suppose that we had a base 8 system instead of base 10, perhaps because, in this hypothetical world, we had 8 fingers rather than 10. Would we pay 1/8 our increase, or do you think it would still be one…

A Nobel calling

I’m very happy to see this year’s Nobel Prize in economics going to Paul Krugman, whose columns in the New York Times helped me see the importance of the discipline of economics as nothing else ever had. I think Mormon…

Returning to Zion

Given all that might be said of Mormonism, it should not come as a surprise that a lot of interesting topics sit pretty much neglected. One of these, I would argue, is the Mormon contribution to building settlements in the…

Shortage and storage

With the recent spike in food prices, a three year old post demands new life. Here it is: Clearly, were there to be a famine, a one year food supply in the basement would look really good. What may be…

Coase on Abortion

Estimates suggest that, on average, Americans behave as if they value a year of their life at, more or less, $100,000. This would put an average American life at a “revealed preferred” value of somewhere around $7 million.

Markets and Consumer Activism

With fair regularity, one hears someone talking of efforts to buy less of some commercial product, either out of a desire for global conservation or because he doesn’t like how it is produced or whatever. Invariably, he comments that his…

The Opportunity Cost of Publishing

In this excellent post, Rosalynde talks about the gender differences in subject material among Deseret Book writers. This renews the discussion brought up by Taryn Nelson-Seawright on the same difference existing in other Mormon outlets. Explanations abound for this phenomena,…

Why Europeans look lazy

It is a well established fact that Europeans perform vastly less formal market work than Americans. A less known fact is that this is a recent development— in the late 50s, Europeans worked about 10% more hours, but this has…