Posts Tagged ‘policy’

Do bike helmet laws work?

An interesting paper was recently published by the National Bureau of Economic Research on the effects of bicycle helmet laws on children’s injuries. The results found that while “helmet laws are associated with reductions in bicycle-related head injuries among children, […] the observed reduction in bicycle-related head injuries may be due to reductions in bicycle […]

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Mercantilism is haunting us hundreds of years later

Mercantilism in the 18th century is one of the earliest systems of economic thought. Mercantilists were businessmen who were involved with domestic businesses and as such were protective of manufacturing and limited imports as much as possible, even going as far as to say that no importation should be allowed for goods that are sufficiently […]

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Secondary Consequences

One of the first things I learned in my intro economics class was that good intentions do not always equal good outcomes. I found this idea fascinating, especially when my professor presented an example of how some safety regulations can actually result in the deaths of more people than it saves. Take the recent example […]

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