Archive for Climate Change
Lessons from Solyndra
I have the EconLib featured article this month. If you haven’t really been following the Solyndra story, and want to get up to speed, this is your one-stop shopping. An excerpt: My goal here is twofold: first, to summarize the key events in the Solyndra case and explain why it is a scandal and not […]
Read moreKarl Smith’s Less-Than-Soothing Fed Exit Strategy
I truly enjoy reading Karl Smith’s posts over at Modeled Behavior. Karl might be second only to Steve Landsburg in terms of thinking about standard issues in novel ways. (For example, check out this post where Karl consciously walks headfirst into the liquidity trap, and becomes more powerful than Paul Krugman can possibly imagine.) So […]
Read moreThe Battle Rages on at The Economist
Rob Bradley asked me to make you folks aware that he is currently running neck and neck at The Economist in a debate over government subsidies to renewable energy sources. I link, you decide.
Read morePaul Krugman, Pet of Big Government
That’s my latest post at the IER blog, in response to Krugman’s shrugging off of the Solyndra scandal. An excerpt: To repeat, the Solyndra scandal is not simply a matter of the federal government wasting money on bad business ideas—the government does that all the time. Rather, Solyndra is “special” because the government managed to […]
Read moreIntroducing the Mises Institute of Canada
On Saturday, September 10 I will be participating in the Mises Institute of Canada’s conference, “Liberty and Oil: the Foundations of Modern Civilization.” As the official description says, we will discuss questions such as the following: “Is resource richness a blessing or a curse? Are Alberta’s oil reserves the source of the relative freedom and […]
Read morePotpourri
* Another great Anthony Gregory article, this time ripping Republicans. My favorite line: “To say Republicans spend money like drunken sailors insults sailors and greatly exaggerates the effect of alcohol on financial judgment.” * A great Mises Daily (not from me) showing a silly use of mathematical economics to “prove” the efficacy of a carbon […]
Read morePaul Krugman, Inflation Denier
In a recent blog post, Krugman provides some graphs of the things “we’re supposed to be worried about,” which he means sarcastically. Namely, bond market confidence and (price) inflation. Here are the charts: Then Krugman concludes: A naive observer might note that interest rates are low by historical standards, making you wonder why we’re obsessing […]
Read moreEPA Will Destroy Jobs, Not Create Them
I know my environmental writings upset some of you, but I must press on… In this post I take on a new study from the Political Economy Research Institute. An excerpt: Glancing through Appendix B of the PERI report, in which they explain the method by which they come up with such counterintuitive conclusions, shows […]
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