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Matthew Martin
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The Astonishing Breadth of Republican Obamacare Options
At the moment, there's no Republican plan to repeal and/or replace Obamacare. There are, however, a bunch of different options that various republicans and conservative think tanks have proposed. One might think that all of the options follow similar princi...

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Some health-related budget options from CBO
Yesterday at 2pm the CBO released a big report with estimates for lots of different budget options. I reviewed the health-related ones. But first, a disclaimer: there's less health policy in the CBO releases than you might expect. You won't, for example, fi...

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Do people migrate to states with more generous Medicaid?
No. Ok, there is one paper that suggests, yes maybe a little tiny bit. From the abstract: Results indicate that consumer voters were attracted to states with higher per pupil public school spending, lower property and income tax rates, and that certain cons...

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Here's why people will keep their Fedcoins in banks
In my previous post I explained why Fedcoin—the idea for replacing dollar bills with a blockchain-based cryptocurrency like Bitcoin—is completely compatible with fractional reserve banking. Much of the discussion of Fedcoin has assumed that The Fed would st...

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Here's why blockchains won't end fractional reserve banking
Commentators often argue that replacing cash with "Fedcoin"—a Fed-administered cryptocurrency like bitcoin—would end fractional reserve banking. JP Koning, who wrote the cannonical piece about the idea of Fedcoin, writes Fedcoin has the potential to tear do...

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Should I rent or buy?
The burning question of whether policy should encourage home ownership over renting never quite dies out in the econ blogosphere. Alex Tabarrok caused the most recent conflagration with his February post " Economics on Owning vs Renting a House " which argu...

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New Look!
Much about this blog has bothered me since the beginning. I've looked at all the various blogging engines and I hate them all. For a while I considered building my own blogging engine, but ultimately decided not to because it turns out as an economist I car...

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Dear John Cochrane, you are hurting the economists who care about you
John Cochrane wrote an op-ed in the Wall Street Journal about the benefits of deregulation that was quickly obliterated by Brad DeLong . As Dr. Kelso would say, John Cochrane spent 4 years in undergrad and 5 years in grad school, so we can assume he is at l...

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What's a pirate's favorite programming language?
That was the subject of a poll I conducted recently: What's a pirate's favorite programming language? — Matthew Martin (@hyperplanes) May 6, 2016 I promised to graph the result in whatever language won. So here it is in R: 6 in 10 Pirates recommend R over o...

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Why does ACA's coverage requirement start in January?
For many Americans, filing taxes on April 15th a couple weeks ago was the first they've heard of any requirements to buy health insurance. But here's the real kicker: if they didn't know until they got slammed with the tax penalty on April 15th, that means ...
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