Hager & Baines, ‘The Tax Advantage of Big Business’

Abstract Corporate concentration in the United States has been on the rise in recent years, sparking a heated debate about its causes, consequences, and potential remedies. In this study, we examine a facet of public policy that has been largely neglected in current debates about concentration: corporate taxation. As part of our analysis we develop […]

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Rethinking Causation in the Social Sciences

Originally published on Economics from the Top Down Blair Fix For the last few weeks, I’ve been thinking about causation in the social sciences. As with many instances of reflection, this was prompted by rejection. A political economy journal recently rejected a paper that I had submitted. The paper (available here) studied the correlation between […]

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Bichler & Nitzan, ‘Making America Great Again’

Abstract Trump has promised to Make America Great Again. As a self-proclaimed expert on everything of import, he knows exactly how to increase domestic investment and consumption, boost exports, reduce the country’s trade deficit, expand employment and bolster wages. And as America’s leader-and-policymaker-in-chief, he has taken the necessary steps to achieve every one of these […]

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Fix, ‘An Evolutionary Theory of Resource Distribution’

Abstract This paper explores how the evolution of human sociality can help us understand how we distribute resources. Using ideas from sociobiology, I argue that resource distribution is marked by a tension between two levels of natural selection. At the group level, selfless behavior is advantageous. But at the individual level, selfish behavior is advantageous. […]

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Fix, ‘Personal Income and Hierarchical Power’

Abstract This article examines the relation between personal income and hierarchical power. In the context of a firm hierarchy, I define hierarchical power as the number of subordinates under an individual’s control. Using the available case-study evidence, I find that relative income within firms scales strongly with hierarchical power. I also find that hierarchical power […]

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Are We Measuring Inequality the Wrong Way?

Originally published on Economics from the Top Down Blair Fix In a recent blog post called “How Not to Measure Inequality”, the anthropologist Jason Hickel argues that economists measure inequality the wrong way. Hickel thinks that standard measures of inequality (such as the Gini index), underestimate global disparities. The problem, according to Hickel, is that […]

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The Allure of Marxism … And Why It’s a Mistake

Originally published on Economics from the Top Down Blair Fix Karl Marx is probably the most important social scientist in history. But while his influence is beyond compare, Marx’s legacy is, in many ways, disastrous. Few thinkers have inspired so many people to commit crimes against humanity. Think of Stalinist gulags. Think of the Ukrainian […]

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