Archive for Daniel Kuehn
Keynes Hearts Saving?
John Papola, creator (with Russ Roberts) of the Hayek-Keynes rap videos and the latest Christmas video, is perplexed that he is getting push-back from people saying he’s setting up a strawman by implying that Keynesianism promotes the idea that consumption drives the economy. John sent me an email with a quote from the General Theory […]
Read moreEconStories Attacks Mainstream Obsession With Consumption, Daniel Kuehn Cries Foul
This is pretty funny, though incredibly geeky: Daniel Kuehn, of course, is shocked that Papola et al. keep kicking this poor strawman. Meanwhile, for my IER job I am looking at this New Yorker piece pushing for a carbon tax. I came across this passage: As we all know, the official Republican term for the […]
Read morePotpourri
==> Nick Rowe agrees with me that Steve Landsburg’s analysis of paying down government debt is only true if we assume perfect certainty. (Steve I think would totally agree, and that’s why I said in my original post that this was an argument over specifying assumptions for the reader, not about the implications of those […]
Read moreInternet Death Dealers
I really don’t know what to say. Daniel Kuehn isn’t sure, but he thinks he would suppress secessionists “by force” (his term): The point is, it’s traitorous and unconstitutional and clearly does not carry a payoff that makes it worth committing treason and violating the Constitution over. A war over it would be terrible, but […]
Read moreScott Sumner Calls My Bluff on Krugman
Look, if Sumner wants to boast that he knows more about Fed history, or more about ordering in a hibachi restaurant, or more about Swedish apartments, I won’t bat an eye. But in this post (HT2 Daniel Kuehn) he tried to make fun of Krugman…that’s my job. Look at Sumner’s swipe at Keynesians (and he […]
Read more“Hurricanes Are Nature’s Keynesianism”
I didn’t choose that title for my latest article at The American Conservative–it’s a bit too provocative for my tastes–but I don’t think it’s out of line. I don’t see why our Keynesian friends here (and even in the comments of my article) bristle so much at linking the two. Look at this earlier piece […]
Read moreIllustration: Today’s Generation Eating More at Expense of Next 65 Descendants
[UPDATE below.] OK kids get a cup of coffee and study this thing: I spent a decent amount of time making sure the above works. I confess I didn’t actually fill in the whole table; I just did the beginning, then skipped to the end and worked backwards. But I’m pretty sure I could fill […]
Read moreDebt Burdens: How Deep the Rabbit Hole Goes
You guys aren’t going to believe it, but I have had another epiphany. The debt and future generations issue is like this: At first I was deeply troubled, because I realized that I had said at least two false things in my arguments with Ken B. today, and that I had unfairly dismissed a point […]
Read more
Recent Comments