Economics

Archive for Economics

Greenspan’s Probability Skills as Good as His Monetary Policies

Most of you by now have already seen this, I’m sure: (I saw that particular video linked from EPJ, but it’s all over the place.) Now lots of people are (rightly) flipping out over Greenspan’s move into MMT territory. But what I want to focus on is his absurd claim that there is “zero probability” […]

Why Is the Stock Market Plunging?

Of course there are specific factors explaining the exact timing–notably the mess in Europe–but I offer a “big picture” explanation in today’s article at Mises.org. It’s worth checking out just for the charts, which are pretty revealing if you haven’t been following that type of thing.

Is This Really His Lordship?

This is really Keynes, right? Since this is the only (alleged) footage I’ve ever seen of him, I have no idea. For all I know this is a particularly high-brow Monty Python sketch.

Christina Romer Is Much Cooler Out of Politics

I was never hip-deep into macro stuff (I’m an ideologue, remember), but I’ve heard from other free-market people that Christina Romer in the grand scheme was actually pretty cool. But once she went to the White House, things went downhill. Anyway, check out her in the beginning of this video. She’s pretty funny. (Naughty words, […]

The Great Cash Balance Debate of 2011: Answering the Critics

[UPDATE: I tweaked the example to have Bernanke pay Jim to perform a service, rather than giving an outright gift. I don’t want us to get bogged down over whether a gift should be counted as “income” since that’s not essential to the argument.] We have made unbelievable progress. Major Freedom hasn’t thrown in the […]

Murphy on FreedomWatch

I really do look for opportunities to crack jokes, but they never seem to present themselves. A true comedic talent makes his opportunities, I guess. Watch the latest video at video.foxbusiness.com

Scott Sumner Proves That the Pen Is Mightier Than the Teaching Post

Seeking to bolster my self-esteem, I re-read my prescient warning back in April that the stock market was overvalued and people should sell. Here’s what I wrote about Scott Sumner (the guy who has made a name for himself by declaring that our problems are due to Bernanke’s tight-money policies): Well Scott Sumner has hung […]

Murphy on the Judge’s Show Tonight

Tonight I will be on FreedomWatch, but if it affects your plans it is a guest host. (Her name was Liz-something, sorry I can’t remember exactly.) I’m talking about the stock market, the Fed, and other sexy topics.