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Casey Mulligan Blog
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Economy

Casey Mulligan Blog - Economy

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Casey Mulligan Blog

30.10.2024

Supply and Demand (in that order): Biden-Harris policies and their consequences were no surprise to those paying attention

Milton Friedman used to advise researchers to focus on large policy changes rather than attempting to separate a small change’s signal from ...

Casey Mulligan Blog

05.04.2024

Supply and Demand (in that order): Why I have an OpenAI subscription

It's $20 per month. Here are the features I value and use: Others' custom GPTs My own custom GPTs Integration into email (Thunderbird) and...

Casey Mulligan Blog

22.12.2023

Supply and Demand (in that order): Supply and Demand Curves with the "Wrong" Slope

" Personal Increasing Returns " is a way to describe goods for which consumers can purchase access to a lower price. An important instance ...

Casey Mulligan Blog

25.11.2023

Supply and Demand (in that order): Dublin Chaos Last Night: Firsthand Account

Between 1 and 2pm local time, young school children were stabbed in Parnell square by a single assailant. We were less than a mile away ...

Casey Mulligan Blog

30.10.2023

Supply and Demand (in that order): "Justicia Social" Failed Venezuela's Indigenous and Mestizo Populations

“ Capitalism is the road to hell, to the destruction of the world. …it’s the freedom to oppress, to invade, to kill, to annihilate, and to ...

Casey Mulligan Blog

13.10.2023

Supply and Demand (in that order): Private Property: That Spot

Spot is the dog featured in an eponymous short story by Jack London. Spot’s owners desperately want to be rid of the dog. They tried shoot...

Casey Mulligan Blog

13.10.2023

Supply and Demand (in that order): No More Troubles

The violence seemed like it would never end; bombings, shootings, and kidnappings became so commonplace that they were almost expected, a ...

Casey Mulligan Blog

13.10.2023

Supply and Demand (in that order): Economics Lessons from the Kibbutzim

In March 2023, I visited Ma'agan Michael Kibbutz and had a meeting with a former Israeli government official charged wi...

Casey Mulligan Blog

04.03.2023

Supply and Demand (in that order): ChatGPT: Marshall, Hicks, or Cliff Clavin?

Marshall discusses his Laws of Derived Demand in his Principles of Economics . Specifically, in Chapter VI of Book V . Marshall listed four...

Casey Mulligan Blog

28.12.2022

Supply and Demand (in that order): Lightning Strikes Coale Twice?

Mr. John P. Coale was one of the plaintiffs’ lawyers that initiated the first tobacco settlement agreements, which included a historic and ...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): The Most Tardy ERP in History

The White House Council of Economic Advisers' Annual Report, a.k.a., Economic Report of the President , has not yet been transmitted to Cong...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): White House Attitudes toward "Screening Agencies" (looking at you FDA)

The Food and Drug Administration (FDA) has been part of many conversations in 2020. To the great frustration of tens of millions, it has to...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): How Chicago Economics is Helping End a Pandemic: Interview with Murphy, Philipson, Topel

Covid-19 has disrupted much of human life, but Operation Warp Speed has drastically mitigated the costs of the virus. The $10 billion federa...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Updates on Parler's War with Big Tech

Amazon turned off Parler’s servers last night, disconnecting Parler.com from the internet, and with it the social media accounts of almos...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): How Economics Helped End a Pandemic

Last March Dr. Fauci explained to a Senate committee that “a vaccine … will take at least a year or year and a half”...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): The Incidence of Intellectual Diversity

We now have lots of measures of diversity in the academy, by which I mean heterogeneity in race, gender, geography, political attitudes, etc...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Build Back Better's Hidden but Hefty Penalties on Work

Largely by stepping toward an economy in which workers bear the burden of distributing healthcare and housing with little regard to ability ...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): New Emissions Regulations are Coercive Paternalism, not Environmental Science, or even Benevolent Paternalism

Trump's CEA showed , based on credit transactions among manufacturers, that vehicle standards to abate a ton of CO2 cost about $163 on the ...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): 3rd release of Build Back Better: 7 million less employment

Last night a third release of BBB was shown to the public . Both in pages and overall economics, it is in between the 1st and 2nd editions....

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Misleading Baltimore Stats for Celebrating Lax on Crime

In 2020, the City of Baltimore stopped prosecuting "minor charges" such as drug crimes. The headlines are that 2020 crime " went down a lot...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Contents of the "Inflation Reduction Act"

Please let me know how this so-called " Inflation Reduction Act " reduces inflation. Here's what's actually in it: Major items Alternative ...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Look at Article II of the Constitution before Censoring Trump

Article II, Section 1 of the U.S. Constitution says [emphasis added], Each state shall appoint, in such manner as the Legislature thereof...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Parler Competes Horizontally with Amazon, Apple, and Google?

Parler is a microblogging platform that was cut off from the internet by its web hosting service, Amazon. Almost as drastic, Apple and Goo...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): The Hidden Increase in Capital Taxation

The taxation of business income is now increasing significantly, without any action from Congress. The increase can be understood as two fo...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Michael T. Maloney: A Few Memories

Michael T. Maloney passed away this week. We both loved applied price theory and golfed to the exact same handicap. We both liked sailing t...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): The Fallacy of the Heap Returns

The (il)logic of Obamaeconomics has returned: Each $100 of weekly unemployment bonus has hardly any negative effect (some might say " no st...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Revised Build Back Better: Cliffnotes

Hidden Work Disincentives I had been tracking 13 types. Three disappeared from today's revised bill . The Medicaid expansions appear to be...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Recession Time? Don’t Act Surprised

Treasury Secretary Yellen does not see any indicator of an imminent recession. She isn’t looking. The normal economic tailwinds have cal...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Canaries in the Coal Mine

Although we still do not know the winner of the electoral college, it is clear that the polls were systematically wrong ...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): White House Economic Analysis of Ukraine

The 2019 Economic Report of the President includes the most extensive economic analysis of Ukraine of any President going back at least to ...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): How Incumbents Capture Price Controls: Example from the U.S. Senate

U.S. Senators are proposing to put both retail and business-to-business price controls on insulin. The (intended?) result will that be tha...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Childcare in "Build Back Better"

Because childcare is said to be a highlight of the “ Build Back Better ” bill, I read through the bill and made notes here as to childcare p...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Social Justice Thrives in Cook County during Tradeoff Holiday

During this terrible pandemic, a silver lining has been that many inconvenient tradeoffs no longer apply. A Yale study showed that paying ...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): White House Attitudes toward Fraud: Evidence from 75 ERPs

Judging from their Economic Reports, few Presidents have given much thought to the problems of fraud. When they do, typically private secto...

Casey Mulligan Blog

29.11.2022

Supply and Demand (in that order): Is the Missing ERP Revealing Bad News about Biden's Health?

15 USC 1022(a) requires "The President shall annually transmit to the Congress not later than 10 days after the submission of the budget .....

home›Casey Mulligan Blog›Economy

Casey Mulligan Blog - Economy

Supply and Demand (in that order): Biden-Harris policies and their consequences were no surprise to those paying attention

Supply and Demand (in that order): Why I have an OpenAI subscription

Supply and Demand (in that order): Supply and Demand Curves with the "Wrong" Slope

Supply and Demand (in that order): Dublin Chaos Last Night: Firsthand Account

Supply and Demand (in that order): "Justicia Social" Failed Venezuela's Indigenous and Mestizo Populations

Supply and Demand (in that order): Private Property: That Spot

Supply and Demand (in that order): No More Troubles

Supply and Demand (in that order): Economics Lessons from the Kibbutzim

Supply and Demand (in that order): ChatGPT: Marshall, Hicks, or Cliff Clavin?

Supply and Demand (in that order): Lightning Strikes Coale Twice?

Supply and Demand (in that order): The Most Tardy ERP in History

Supply and Demand (in that order): White House Attitudes toward "Screening Agencies" (looking at you FDA)

Supply and Demand (in that order): How Chicago Economics is Helping End a Pandemic: Interview with Murphy, Philipson, Topel

Supply and Demand (in that order): Updates on Parler's War with Big Tech

Supply and Demand (in that order): How Economics Helped End a Pandemic

Supply and Demand (in that order): The Incidence of Intellectual Diversity

Supply and Demand (in that order): Build Back Better's Hidden but Hefty Penalties on Work

Supply and Demand (in that order): New Emissions Regulations are Coercive Paternalism, not Environmental Science, or even Benevolent Paternalism

Supply and Demand (in that order): 3rd release of Build Back Better: 7 million less employment

Supply and Demand (in that order): Misleading Baltimore Stats for Celebrating Lax on Crime

Supply and Demand (in that order): Contents of the "Inflation Reduction Act"

Supply and Demand (in that order): Look at Article II of the Constitution before Censoring Trump

Supply and Demand (in that order): Parler Competes Horizontally with Amazon, Apple, and Google?

Supply and Demand (in that order): The Hidden Increase in Capital Taxation

Supply and Demand (in that order): Michael T. Maloney: A Few Memories

Supply and Demand (in that order): The Fallacy of the Heap Returns

Supply and Demand (in that order): Revised Build Back Better: Cliffnotes

Supply and Demand (in that order): Recession Time? Don’t Act Surprised

Supply and Demand (in that order): Canaries in the Coal Mine

Supply and Demand (in that order): White House Economic Analysis of Ukraine

Supply and Demand (in that order): How Incumbents Capture Price Controls: Example from the U.S. Senate

Supply and Demand (in that order): Childcare in "Build Back Better"

Supply and Demand (in that order): Social Justice Thrives in Cook County during Tradeoff Holiday

Supply and Demand (in that order): White House Attitudes toward Fraud: Evidence from 75 ERPs

Supply and Demand (in that order): Is the Missing ERP Revealing Bad News about Biden's Health?

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