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Uh Oh a Trump Administration Might Botch a Middle Eastern Invasion
Tyler Cowen linked to this (unintentionally?) hilarious Politico story: Top Republican political leaders aren’t the only ones shunning their party’s presidential nominee — a vast number of highly skilled managers and policy experts, veterans of recent GOP administrations who would normally be expected to fill key positions for a new White House, are also vowing […]
Read moreIt’s Up to Scott Sumner to Save My Reputation
(Before I jump into the blog post, here is the latest Contra Krugman episode.) On a previous post I pointed out the irony that progressives are flipping out about Trump’s remarks on a Treasury default, when back in 2012 Krugman et al. were scratching their heads trying to even come up with a model in […]
Read moreHayek Would Be 117 Years Young (Yesterday)
My article in the American Thinker. An excerpt: This emphasis on dispersed knowledge was one of Hayek’s key contributions to the debate over socialism during the 1930s. Specifically, Hayek argued that one of the key functions of private property and market prices was to allow individuals to communicate information to each other in an economical […]
Read moreShort and Sweet on Salvation
The kind of person who gets to spend eternity with God is one who knows he doesn’t deserve to be there.
Read moreTrump on Debt Default
So people are freaking out about Trump’s remarks concerning Treasury debt default. (E.g. Yglesias and Sumner.) My initial response (on Twitter) was to contrast the freaking out with free-market economists who had favored debt repudiation as a sound (and moral) strategy. But then I went and dug up Paul Krugman’s posts (one and two) from […]
Read moreWhat Would History Look Like to Prove the Scaremongers Right?
David R. Henderson links to a 2009 Freeman article from Todd Zywicki that has the following: The headlines are alarming. The New York Times panicked that Americans are “Running in Debt” and just a few years later warned that Americans were “Borrowing Trouble.” Business Week asked, “Is the Country Swamped with Debt?” and U.S. News […]
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