Monthly archives: February, 2017

Second Order Effects of Philly Soda Tax

Premise of Article: The City Counsel of Philadelphia just doesn’t seem understand second order effects or think that people are smart enough to do math.  This article is designed to show that economic and tax policy second order effects are easy to predict and avoid if one simply applies basic economic principles. Facts: On January …

The Effect of Unilateral Legislation

Premise of Article: The Affordable Care Act (ACA) should be a lesson in what not to do when one has all of the levers of power.  The Second Order Effect of the Legislation that this article discusses is the consistent opposition by the Republicans.   This article is not about the goodness or badness of …

The Side Effects of Preventing Government Employees from working for government contractors

President-Elect Trump has proposed restricting government employees that are involved in government contracting from ever taking jobs with government contractors. At this point, there aren’t any details about what President-Elect Trump is proposing. For the sake of this article, we will assume the most restrictive policy that we can imagine and then propose policies that would actually work. (Since this article was written, the President has clarified his position. The ban only applies to the political appointees and his immediate staff.)