Archive for All Posts
Bloomberg Story on IER "Green Jobs" Critique
Here is a Bloomberg story about our forthcoming report on Green Jobs. (I will post the link tomorrow when it’s available.) If you want to learn who funds the Center for American Progress, you will need to do your own research.
Read moreBernanke Gets a C- For His Answer on the Austrian School
This is pretty funny. Reader Zach Kurtz alerted me to this Q&A where a Human Events guy (at around 2:05) asks Bernanke why they are pursuing Keynesian remedies, rather than Austrian ones. And like an undergrad who didn’t study for the test, Bernanke just mentions that the Austrians believed in the aggregation of information (he […]
Read moreSkirting Regulations in Nigeria
Here is an interesting story: Police in Nigeria have arrested scores of motorcycle taxi riders with dried fruit shells, paint pots or pieces of rubber tire tied to their heads with string to avoid a new law requiring them to wear helmets. The regulations have caused chaos around Africa’s most populous nation, with motorcyclists complaining […]
Read moreIdle Resources: Does "Depression Economics" Change the Rules?
I argue “no” at mises.org. This article is on the long side, but I really thought it important to carefully pick apart the claim that tradeoffs disappear when there are unemployed workers and other resources lying around. An excerpt: Although Krugman and Thoma have made the only rhetorical move left to salvage their disastrous recommendations, […]
Read moreOf Flat Taxes and Idols
(As happened last week, this week my Sunday “religious” post is spilling over into Monday morning.) I have nothing too profound to report today. In my reading of Exodus I came across three items that I hadn’t noticed before: (1) In Exodus 30:11-16, God shows that He is no proponent of progressive taxation: 11 Then […]
Read moreMore Evidence on That Class Act, Brad DeLong
UPDATE Below Readers may recall my brush with greatness when Brad DeLong decided to delete my comment calling him out for saying Mises’ work was “bats— insane.” Well, Mario Rizzo has been similarly blessed. In a recent post with the neutral title, “Stupidest Party Alive,” DeLong named Steve Horwitz (as well as others) an “ethics-free […]
Read moreGreat Mankiw Article on the Problems With Gov’t "Stimulus"
Wow, I am really taken aback. Reading his blog over the last year or so, my opinion of Mankiw had gone way down (compared to my opinion from reading his textbook). But he is on fire in this NYT op ed (HT2EE). Don’t get me wrong, he is still staying firmly within the mainstream worldview, […]
Read moreSneak Peak for My Upcoming Book on the Great Depression
If I were really creative I would do trailers showing me reading and typing, etc. Fortunately, I have no competence with video or graphic editing. So for those dying for the release of my forthcoming book on the Great Depression, you will have to be satisfied when I respond in the comments at Marginal Revolution […]
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