Capping the number of ride-sharing drivers as is being discussed in New York City, Chicago and London will make the average resident in that city worse off.
Responses
Responses
The US spends roughly 17% of GDP on healthcare, according to the OECD; most European countries spend less than 12% of GDP.
Higher quality-adjusted US healthcare prices contribute relatively more to the extra US spending than does the combination of higher quantity and quality of US care (interpreting quantity and quality to reflect both greater American healthcare needs due to underlying population health and the delivery of more or better healthcare services to Americans).
Responses
A) Considering a broad range of costs and benefits is a better tool for guiding climate policy than setting temperature limits (such as 1.5 °C, eg) based on expected links between temperature increases and the extent of environmental harm.
B) Carbon taxes are a better way to implement climate policy than cap-and-trade.
People who migrated to Europe between 2015 and 2018 are likely — over the next two decades — to contribute more in taxes paid than they receive in benefits and public services.
Ideas are nonrival, so increasing returns to scale is an essential feature of technological change in a market economy.
Ideas are nonrival, so increasing returns to scale is an essential feature of technological change in a market economy.
Voters overestimate the effect that current governments have on their economies’ concurrent economic performance.
If a small number of firms have a large combined market share in a properly defined market, it is strong evidence that those firms have substantial market power.
A. Capping the number of ride-sharing drivers as is being discussed in New York City, Chicago and London will make the average resident in that city worse off.
B. To achieve a given level of congestion, it would be better to use taxes for driving that vary based on the level of congestion, rather than limiting the number of ride-sharing vehicles.
Over the next decade, autonomous cars will raise average welfare in the EU by at least as much as smartphones have over the past decade.