Economics

Archive for Economics

Exhibition Match: Murphy vs. Crucini on Gold vs. Fiat Money

I should clarify that Mario Crucini, a professor at Vanderbilt, is not a Keynesian. However, this Thursday at 5pm we will be debating the merits of a gold standard versus fiat money. The event is open to the public but it will not be recorded. You still have time to buy your plane tickets. DETAILS: […]

Donald Trump: “Vote for Me, I Hate the Chinamen”

Or do I exaggerate?

The Capitalist in the Hat

In my quest to become the Mike Myers of Austrian economics, I tackle entrepreneurship and Dr. Seuss today at Mises.org: An amusing story on NPR recently explained the origin of a new collection of Dr. Seuss stories. The tale involves an entrepreneurial dentist with a passion for Seuss and a knack for exploiting price spreads. […]

The Republicans Are Not Going to Fix the Budget

I’m sure many people have already heard this, but just for those poor souls who rely on me for their financial news: You know the amazing budget deal cut last week, in which the Republicans wanted $60 billion in slashed spending but compromised on only $38 billion? Well, the CBO says it’s more like $352 […]

Keynesian versus Keynesian

Somebody help me out here: How is it possible that Brad DeLong is now talking about jigsaw puzzles etc. as if that is totally consistent with what he (and Krugman) have been saying all along? It’s not merely that he and Krugman over the last two years have been focusing on Aggregate Demand, while remaining […]

Jeff Tucker Owns Stossel Appearance

Wow Jeff really does a great job in this appearance on Stossel’s show. Just look at how he takes over the whole room from the get-go. Jeff has really cornered the “I’m a real guy, and c’mon let’s be honest, the government is screwing us” persona.

Yet Another Krugman Kontradiction?

Help me out here, Krugman sympathizers: For a while now he has been making two different arguments that seem in conflict. On the one hand, he has been savaging that “austerians” for pointing to historical examples of an expansionary episode of government budget cutting, by saying that all of these cases are inapplicable to our […]

“Public” vs. Private

Someone posted this on my Facebook. I appreciate the effort, but this guy doesn’t sound anything like me. If you want the book after hearing this excerpt, here’s the link. And note I am so lazy, I’m not even looking up my Amazon Associate link. I pass the savings on to you, or rather, Amazon.