Tag Archives: Johnson Center for Political Economy

Mitigation costs are a matter of personal value

February 14, 2019
By Daniel Sutter

Last October, Hurricane Michael slammed the Florida panhandle with 155 mile per hour (mph) winds. Mexico Beach was largely destroyed, except for one exceptional, and now much reported on, house called the Sand Palace. Does it offer a guide for building for the future?

Strengthening buildings to reduce damage from natural disasters is called mitigation,…

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Politics and the Economics of the Carbon Tax

January 31, 2019
By Daniel Sutter

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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U.S. could be headed toward financial ruin

December 13, 2018
By Daniel Sutter

Is the Federal government spending us into financial ruin? The current numbers and budget projections suggest so. Yet I think that the scary numbers reflect an unresolved conflict over the role of government more than a threat of bankruptcy.

The national debt of the United States, the accumulated borrowing since the Republic’s founding, stands at…

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