Core Principle 2 - The Opportunity Cost Principle - Or What?

Core Principle 2 - The Opportunity Cost Princ...

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A Gas Tax Holiday Is Performative Nonsense | The Professor Is In

What happens when politicians try to look like they’re fixing high gas prices without actually fixing them? Justin Wolfers explains why a federal gas tax holiday is bad economics, good theater, and a gift to oil companies. In a follow-up to his explainer episode, Justin answers a ...  Show more

A Gas Tax Holiday Would Miss the Point—And the People Who Need Help | Diving In

A gas tax holiday sounds like relief, but gets the economics wrong in almost every direction. Today’s high prices are a war problem — not a tax problem. And cheaper gas is the exact wrong response to a shortage. When something is scarce, higher prices send a signal to conserve, b ...  Show more

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