Michael Sykuta

economist @mizzou | org econ & io | political econ | regulation/antitrust | energy policy | personal commentary & bookmarking things for future use

[Scott Lincicome @scottlincicome]

Easy to splurge when taxpayers are covering half the tab.

[Center for Rural Energy Security @ Mizzou @CRES_Mizzou]

A report released today by @KBIA explores the movement to increase nuclear energy production in Missouri.
https://t.co/BQNVBPbbUN

[Thom Lambert @profthomlambert]

Since @JDVance and other post-liberals are disparaging laissez-faire, maybe we should step back and consider what that concept entails. It starts with the recognition that the government possesses a power no one else has—not even big, powerful corporations: 1/14

[Center for Rural Energy Security @ Mizzou @CRES_Mizzou]

CRES announces appointment of veteran public and media relations professional as Senior Strategic Communications Consultant.

https://t.co/cyJ7Da5hDQ

[Michael Sykuta @msykuta]

@PerBylund Start with the name of the website: If your "rights" require that someone else provide them (e.g., housing) at their expense, they aren't rights.

[𝙱𝚛𝚢𝚊𝚗 𝚁𝚒𝚕𝚎𝚢 🗽🇺🇸 @FreeTradeBryan]

@NTU Many Americans associate phrases like “no taxation without representation” with our fight for independence. The Declaration of Independence also includes “For cutting off our Trade with all parts of the world” –  in its list of grievances against the King.

[econlife.com @Econlife]

Baby Boomers are now 62 to 80 years-old.

With most at or past the retirement threshold, Baby Boomer income and spending have shifted.

Today’s econlife blog: Why Social Security Gets Sicker As We Get Healthier > https://t.co/iXeYcFZihX

#econlife

[Brian Albrecht @BrianCAlbrecht]

https://t.co/QBZ0QtEsLd

[Jessica Riedl 🧀 🇺🇦 @JessicaBRiedl]

Senators elected this fall will be in office when the SocSec trust fund hits insolvency. So it *should* be a major campaign issue.

But few voters care. They have their silly narratives ("stop stealing the trust fund,") & fake solutions ("remove the cap"). But, y'all were warned.

[Jessica Riedl 🧀 🇺🇦 @JessicaBRiedl]

Seeing a lot of these memes. I've been one of President Trump's harshest and most persistent fiscal critics, but I'm going to explain why these statistics are generally useless and wildly misleading.🧵

[Eric Boehm @EricBoehm87]

Proposals to eliminate property taxes for senior citizens amount to nothing more than a promise to deliver even more special tax treatment to a cohort that's wealthier than average, receiving outsized government benefits, and **already getting special tax treatment**

Stop it.

[Erik Hovenkamp @ErikHovenkamp]

Respectfully disagree. Yes, in the 50ish years since consumer welfare became dominant, lots of judges and academics have said things we now know to be wrong. But even pure IO economics has transformed greatly in that time. Antitrust is economic policy, so its decisions should be guided by economics. But 2/3rds of antitrust populism is utterly incompatible with modern economics, and most of the rest is dubious at best.

The “mainstream” school of thought will always be criticized whenever anything goes wrong. But antitrust is hard and mistakes are inevitable. The question is whether antitrust populism would do better. But we’ve already run that experiment. The first half of the 20th century showed that nebulous moral ideas are not a good basis for deciding antitrust cases.

[Center for Rural Energy Security @ Mizzou @CRES_Mizzou]

In a recent report by @KBIA, CRES faculty @vrsmcfarland and @msykuta provide historical and economic perspectives around the development of nuclear energy projects in Missouri.
https://t.co/zpzS9p5VMe

[Chris Freiman @cafreiman]

Genuine “local control” over land use involves letting individual property owners control their land without asking permission from their neighbors.

[Michael Sykuta @msykuta]

One of the more compelling arguments for recycling that I’ve seen. 🥃

[Michael Sykuta @msykuta]

The result of bad antitrust "theories" // The Spirit Airlines closure is a tragedy for its 15,000 employees, who deserve an apology from the antitrust theorists of the Biden Administration. https://t.co/arDrFS6OwI via @WSJopinion

[Michael Sykuta @msykuta]

@BrianWillott How big is the price difference of the inputs and how much additional investment and costs are required for blending and segregated storage tanks?

[Per Bylund @PerBylund]

The field of #macroeconomics, the Keynesian aggregate "analysis" that imposes political goals (employment, etc.) onto the economy, is not economics by any stretch of the imagination. It's statistics for specific policy, not analysis of economizing value creation and production.

[Michael Sykuta @msykuta]

@mungowitz I believe the realization is measured in a unit of time called an "ohnosecond".

[Michael Sykuta @msykuta]

@PerBylund Wolves in sheeps' clothing. Feign economic ignorance to gain more power over peoples' lives.