I write occasionally about economics on Substack.
- There’s more than one kind of “non-rival” and “non-excludable”
In which I argue that economists should teach the types of goods as a three-by-three grid rather than a two-by-two. - Can Coase or Pigou stop my friend from smoking?
In which I argue that Coasean bargaining is less effective than conventionally presented in cases with inframarginal units and uncertain counterfactuals.