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Ask BadEconomics: Midweek Discussion Thread, 26 August 2015 (self.badeconomics)

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Welcome to the midweek discussion thread

Where you can ask any questions you have for the subscribers. Ever wonder if our team of pompous economists will mock you for an idea you've had about markets and the economy? Wondering if you are able to prax the answer?

"Is XXX bad economics?"

And also chat about any bad (or good) economic events. Remember to use the NP posts and whatnot.

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[–]prillin101Fiat currency has a 27 year lifespan 0ポイント1ポイント  (0子コメント)

haha I got here first.

Sticky comes in, sticky comes out- economists can't explain that.

[–]prillin101Fiat currency has a 27 year lifespan 0ポイント1ポイント  (2子コメント)

Question- How come zero zoning laws worked in Tokyo but not Houston?

[–]CutlasssI am the Lord your Gold 0ポイント1ポイント  (1子コメント)

Can you explain better what you're asking and the context of it? What do you mean by working or not working?

[–]prillin101Fiat currency has a 27 year lifespan 0ポイント1ポイント  (0子コメント)

That's a good question. I was linked a paper by someone on this subreddit about it but I can't seem to find it, I think it had to do with the sprawl and wasted land.

[–]cuttifer 0ポイント1ポイント  (0子コメント)

Taken from this guy's list, number 3 in employment.

Employers who pay employees such low wage that those employees have to depend on benefits and public assistance to survive should be hit with a "pay-back" fine. Essentially take some of their profits back to fund the programs they're utilising to run their business (e.g. Walmart). Companies without profits won't get fined.

Has any work been done on anything like this?