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Reforms aimed at increasing an economy’s flexibility are always hard – and even more so at a time of weak growth – because they require eliminating protections for vested interests in the short term for the sake of greater long-term prosperity.

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Michael Spence

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During my Ph.D. program, I became interested in the informational structure of markets that turned into the work on signaling, which was the part of my early work that was recognized for the Nobel Prize, but it was not really a subject at the time.

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You can have all the gun control laws in the country, but if you don’t enforce them, people are going to find a way to protect themselves. We need to recognize that bad people are doing bad things with these weapons. It’s not the law-abiding citizens, it’s not the person who uses it as a hobby.

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May 14, 2024

You can have all the gun control laws in the country, but if you don’t enforce them, people are going to find a way to protect themselves. We need to recognize that bad people are doing bad things with these weapons. It’s not the law-abiding citizens, it’s not the person who uses it as a hobby.

Previous

May 14, 2024

During my Ph.D. program, I became interested in the informational structure of markets that turned into the work on signaling, which was the part of my early work that was recognized for the Nobel Prize, but it was not really a subject at the time.

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