The Freakonomics Blog has re-posted a podcast discussion between Steve Levitt and Stephen Dubner about sunk costs and when, in economic analysis, it is beneficial to quit one's course of action. Many litigators would benefit from a better understanding of sunk costs and what they represent.
On CoinDesk, Daniel Cawrey recently wrote:
“The King to the sheriff, greetings.
Stephen Landsburg has an economic and legal analysis of the pros and cons of homeownership versus rent.
Of particular interest is this point:
Corporate and business entity taxation is a complex area, fraught with nuance. As most businesspeople are aware, however (and speaking by way of broad overgeneralization), business entities are generally taxed either as corporate or as pass-through entities.
At Truth on the Market, Dan Crane has thoughts on the recent moves in New Jersey to restrict direct sales of automobiles to consumers.
On the pages of the New York Times, Professor Lawrence Kotlikoff of Boston University is calling for the abolition of the corporate income tax: