June 9, 2009
More on the Fischer Black Model
June 9, 2009
The Purpose of the Public Health Insurance Plan
June 8, 2009
Justin Fox, Fischer Black, Tyler Cowen
June 8, 2009
Limits to Progress?
June 8, 2009
Behaviorial Geneticists versus Policy Implications
June 7, 2009
Isn't That Just an Asian Effect?
June 7, 2009
Forecasting
June 6, 2009
On Being Certain
June 6, 2009
Obama on How Markets Reduce Racial Discrimination
That is good.
I really don't see how this is insightful or noteworthy.
[Comment removed pending confirmation of email address. Email the webmaster@econlib.org to request restoring this comment. A valid email address is required to post comments on EconLog.--Econlib Ed.]
@Zac -
A less snarky and more meaningful comment might have been: "Based on the books I've read, I've seen that phrased used before - perhaps the student has been doing some reading outside of class?"
or "I don't really think it's an "incentive ceiling" - philosophically, and based on the evidence, rent control seems to create all sorts of innovative solutions to "route around the control". That is to say, it creates incentives to look for loopholes and exploit grey areas.
[Comment edited--Econlib Ed.]