Archive for Financial Economics

Learn the Views of Mises on Money and Banking!

Admit it: You’ve had that copy of The Theory of Money & Credit on your shelf since October 2008. When TARP went through, you thought the end was near, and you needed to go back to the ancient texts to get guidance through the storm. But then Mises started talking about “credit money” and you [...]

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Follow-Up on Labor versus Investment Taxes

Steve Landsburg thinks he’s got Mate in One in the comments of my previous post, so before he declares victory let me write this follow-up post. To set the context (again), I am dissatisfied when Steve (talking about Mitt Romney) uses a thought experiment to conclude, “people with investment income bear a higher tax burden, [...]

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Steve Landsburg 2, English Language 0

I want to give a disclaimer that usually when I think University of Rochester economist Steve Landsburg is wrong on something, it’s not that his conclusion is mistaken, or even that the world is a worse place for him having advanced the argument. No, it’s more like, I think Steve tries to deliberately shock his [...]

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My Name’s Bob, and I Have a Debt Addiction Problem

I see my Team Leader has retreated back to his monastery in the snowy mountains up north, to resume his meditations and emerge again only when disaster strikes and all hope seems lost. By the same token, I seriously have a bunch of work I have been neglecting because of all this, so I must [...]

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From the Comments: Callahan Joins the CPR Effort on Krugman’s Position

It is amazing to behold people denying that Krugman et al. thought it was literally impossible for us to impoverish future generations. Here is Gene Callahan from the comments: [I]n other words, does depicting a scenario in which government debt is used to impoverish future generations prove Krugman wrong? I say it does not, since [...]

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My FreedomWatch Appearance

Next week, Glenn Beck is going to have me on his show for a full segment to walk his viewers through my 9-period apple model. (Of course that’s a joke.) Watch the latest video at video.foxbusiness.com I just watched this for the first time. I was worried that maybe I would have said something a [...]

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Debt Financing of Present Transfer Payments: May I Have Another, Sir?

[Note: I'm going to focus on Daniel Kuehn here, because this issue again sheds more light on all this stuff. I realize that we are all still not seeing what each person brings to the table in this debate.] Ahh, now (I think) I finally get why Daniel Kuehn didn’t accept my wager: It’s not [...]

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The Economist Zone

Don’t worry everyone, all that stuff about government debt and future generations is out of my system. After several colleagues have told me repeatedly that I am being obtuse on this, I realize that I’m not cut out for economics and commentary on public policy. Instead, I’ll turn to writing for TV. I have an [...]

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