Author Archive
Economics Laureates in Favor of Raising the Minimum Wage
[UPDATE below.] The Economic Policy Institute has released a letter signed by 75 economists–including 7 winners of the Nobel (Memorial) Prize in economics–calling for the federal government to raise the national minimum wage from its current level of $7.25 to $10.10 by 2016. In this post I want to explain how this is possible, and […]
Read morePotpourri
==> At Mises Canada I publicize the fact that Alan Greenspan’s PhD dissertation apparently discussed a housing bubble. (Was this common knowledge? Thanks to Frank C. for tipping me off.) ==> Speaking of Mises Canada, its president–Redmond Weissenberger–is hosting a show called “Better Red Than Dead.” He’s had me on, as well as Doug French, […]
Read more“The Tension Between Economics and Religion”
The previous post reminded me that I touched on the familiar antipathy of Christianity to usury in my Lou Church memorial lecture at the Mises Institute in March 2006.
Read moreChristianity, Money, and Interest
I met Wayne Walton at the Music City Liberty Fest a few years ago. He is a great guy who has committed himself to educating people about the evils in our current monetary and banking systems, and promoting practical ideas for immediate improvements. Wayne is also an outspoken Christian and so we have that in […]
Read moreSomeone Has to Remind Bryan Caplan That No Such Thing as Utils
One of the issues in Bryan Caplan’s famous “Why I’m Not An Austrian Economist” essay (even though he had been one when he was younger) is the issue of cardinal utility functions. A lot of Rothbardians like to roll their eyes at the mainstream for thinking utility is a cardinal entity that can be measured […]
Read moreThe Krugman/Sumner Showdown–In Layman’s Terms
The blogosphere has been abuzz (though nothing compared to the Great Debt Debate of 2012) with activity centered on whether the year 2013 provided a good test of the economic views of Keynesians like Paul Krugman versus Market Monetarists such as Scott Sumner. These things often get bogged down in technical minutiae. In the present […]
Read moreA Brief Note on the “War on Poverty”
In this country, if you want to spend trillions of dollars on an aspect of social life that you dislike, while not solving the problem, then the best thing to do is have the federal government declare a “war” on it. For example, lots of people are commemorating the 50th anniversary of LBJ’s “War on […]
Read more
Recent Comments