Author Archive

More Commentary On Gruber

I realize I am biased since I can’t stand his monetary policy views, but does anyone else find these remarks from Scott Sumner a bit…unsettling? There are degrees of dishonesty. When I say I support policy X, I actually do support that policy. I could pass a lie detector test. But when I first started […]

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The Case Against Rent Control

Actually, that’s a bit presumptuous. Let’s just call it a case against rent control, which I wrote for the Freeman. An excerpt: There are further, more insidious problems with rent control. With a long line of potential tenants eager to move in at the official ceiling price, landlords do not have much incentive to maintain […]

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I’ve Solved the Climate Debate!

Based on progressives’ reaction to the US/China pledge. Details here.

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Gruber Is Exactly What I Was Imagining

Remember in my latest video where I pretend to be a sharp economist advising the elites on how to bamboozle the American public while ramming through their unpopular agenda? With that in mind, watch the opening 20 seconds of this, then skip ahead and let it play from 3:05 onward. (HT2 Glen Whitman) Speaking of […]

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Nancy Pelosi: “Gruber Who?”

This is hilarious.

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King Krugman Launches War Against Dictionaries

In an interview with Henry Blodget, Krugman explained what he would do if he were king of the United States: Notice four things in this: (1) Krugman calls for a top income tax rate of 70 percent, with more brackets added to the code. (2) Same tax treatment for capital gains, notwithstanding those economists who […]

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Cowen the Merciful

His take on Grubergate: I’m not so interested in pushing through the mud on this one. It’s a healthy world where academics can speak their minds at conferences and the like without their words becoming political weapons in a bigger fight…If anything, I feel sorry for Gruber that he has subsequently felt the need to […]

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Martin Wolf, Closet Austrian?

Is this from the FT or the Peter Schiff show? Huge expansions in credit followed by crises and attempts to manage the aftermath have become a feature of the world economy. Today the US and UK may be escaping from the crises that hit seven years ago. But the eurozone is mired in post-crisis stagnation […]

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