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Johnson Center conference examines reopening the economy after COVID

The Manuel Johnson Center for Political Economy hosted a conference in Birmingham recently that drew experts from around the country. (TROY photo)
 

The Sorrell College of Business’ Manley Johnson Center for Political Economy at Troy University hosted “Reopening the Economy in the Age of COVID” in Birmingham Feb. 25.

“The coronavirus pandemic has presented unprecedented challenges to businesses not just in Alabama and the Southeast, but across the world.  Business leaders have struggled to protect the health and…

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Robocalls make cell users fear answering the phone

A cell phone tower relays unwanted

A cell phone tower relays unwanted "robocalls" on a daily basis. (photo/Wikimedia Commons)

AMillions of Americans fear answering their phone due to a plague of billions of robocalls. These calls have made a mockery of the national Do Not Call Registry and touch on several public policy questions.

We had seemingly ended the problem of unwanted telemarketing calls. Congress authorized the Do Not Call Registry in 2003 after…

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Politics and the Economics of the Carbon Tax

 Economists should not let the allure of an optimal tax create an impression that carbon taxation will benefit the economy. (photo/Dori)

Economists should not let the allure of an optimal tax create an impression that carbon taxation will benefit the economy. (photo/Dori)

A carbon tax involves some good economics and is probably the best way to address global warming. And yet I think that adopting the tax represents bad policy. My reservations involve the politics of policy implementation as examined by Nobel prize-winning economist James Buchanan.

Before getting to my concerns, let’s consider two other arguments against…

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Fire Safety or Compliance Waste?

Economist Daniel Sutter says fire protection ratings show how markets can ensure the quality of our services. Photo by Connor Betts on Unsplash.

Economist Daniel Sutter says fire protection ratings show how markets can ensure the quality of our services. Photo by Connor Betts on Unsplash.

Troy’s fire department rating will improve this October, which should lower our insurance rates.  Fire protection ratings show how markets can ensure the quality of our services.  They also provide an example of value creation as opposed to compliance-driven documentation.

The Insurance Services Office’s (ISO) Fire Suppression Rating Schedule dates back to 1909.  Insurance companies…

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Economics versus DIY

Economics versus DIY

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