Related Web Links – Module 50 - Efficiency and Deadweight Loss

The stock market is often considered an efficient market where stock prices reflect all known information about the company. However, insider information that is not known to the public may also lead to the selling and buying of a stock. The following takes a historical look at movements in stock prices: http://www.studyfinance.com/jfsd/pdffiles/v10n2/seiler.pdf

From Politico, May 2009, “Smokers, drinkers to carry tax burden?” http://www.politico.com/news/stories/0509/22444.html

On gasoline, NYT, April 2008, Krugman, “Gas tax follies,” http://krugman.blogs.nytimes.com/2008/04/29/gas-tax-follies/

NYT, Krugman, January 2008, “Taxes and revenues — another history lesson,” http://krugman.blogs.nytimes.com/2008/01/16/taxes-and-revenues-another-history-lesson/

NYT, December 1988, “Tax System: Efficiency vs. Fairness,” http://www.nytimes.com/1988/12/10/business/tax-system-efficiency-vs-fairness.html

WSJ, October 2008, “The Rich Pay Their Fair Share,” http://online.wsj.com/article/SB122333901560909871.html

CNN, April 2009, “Tax fairness: Good luck with that,” http://money.cnn.com/2009/04/20/pf/taxes/obama_tax_fairness/index.htm