In the case challenging Biden’s student debt forgiveness plan, the Missouri Attorney General (MO AG) is suing on behalf of the Missouri Higher Education Loan Authority (MOHELA). Insofar as most people believe that Biden’s plan is vulnerable on the legal merits, everyone is pinning their hopes on getting the case dismissed on the basis that… Continue reading Is MOHELA the State?
Abortion Down By Less Than 3 Percent
I’ve written twice before on the question of how much the Dobbs decision, which gave states the power to tighten abortion laws, has actually reduced abortion in the US (I, II). The upshot of those pieces was that it has not reduced abortion very much (~2.5%) because the vast majority of the US population lives… Continue reading Abortion Down By Less Than 3 Percent
Are Price Subsidies Price Controls?
Note: I have been informed that contrary to what Carter wrote and I believed, the German policy in question was neither a price control nor a price subsidy in the ordinary sense. Instead, it was effectively a lump sum cash grant to each energy consumer. I’ll keep the text below up so people can read… Continue reading Are Price Subsidies Price Controls?
Fairlife Refuses to Inflate Prices
In order to get more protein in my diet, I frequently consume Fairlife Nutrition Plan protein shakes. They have 150 calories, 30 grams of protein, and taste just like chocolate milk. It’s a great product, but, at the prices Fairlife charges for the shakes, demand regularly outstrips supply, making it quite difficult to actually find… Continue reading Fairlife Refuses to Inflate Prices
More on Inflation and Profits
Over the past few months, various authors at various institutions — specifically Oscar Arce, Elke Hahn and Gerrit Koester at the ECB, Andrew Glover, José Mustre-del-Río and Alice von Ende-Becker at the Kansas City Federal Reserve, and Paul Donovan at UBS — have written pieces about the relationship between profits and the most recent bout… Continue reading More on Inflation and Profits