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The High Cost of "Green Recovery"

This piece ran in Forbes.com over the weekend. Again, it is pretty low-brow stuff for those readers who wish I would spend more time on Bohm-Bawerk’s critique of Marx’s law of surplus value. But hey, part of the function of this blog is for me to keep track of all my publications. It’s not you, […]

Two Things Christians Should Keep in Mind When Dealing With All These #$#(*$# Idiots

Lately one of the personal flaws that has been bothering me the most is that I am a bit, shall we say, unmerciful, in my blog posts. Now some of my repeat targets I have at least talked with over email, and I’m pretty sure I’m not making them cry. Still, a lot of times […]

Issa Slips Up

This is great. Congressman Issa was grilling Neel Kashkari, playing up his outrage for the cameras at the Paulson bait & switch. But lo and behold, in his tantrum, he lets slip that the original plan was for Treasury to spend half of the money buying troubled assets from foreign institutions. In case you have […]

Brad DeLong Does His Part to Fan Fears of the Bogus Credit Crunch

Now that Paulson has almost literally admitted he was lying when he asked for the loot, I can’t believe people are still defending his story. At this point I think it’s more an issue of proving “I was right all along on this!” rather than the search for the truth. (And yes, I have taken […]

Yet Another Austrian Economics Blog

The NYU Colloquium participants have decided that their weekly seminar is not inducing the Misesian vanguard quickly enough, and so now they have set up a blog. I recall the last time I linked to new Austrian blogs, and someone remarked (paraphrasing), “Just what the world needs, another econ blog.” I think it is appropriate […]

I Offer Constructive Advice at MarginalRevolution

Over at MR, Tyler Cowen refers to the latest issue of Cato Unbound, where Matt Yglesias chides libertarians for claiming to oppose corporatism while not taking real practical steps to limit it. Tyler says: In my view at the margin it would be better to have both less corporate privilege and less labor union privilege. […]

The New Deal Made the Great Depression; and What’s the Trade Fallacy? Quick!

This will be a post in two parts. First, let’s celebrate historian David Beito’s great column on LRC today, where he makes a basic point I’ve been pounding away at. Namely, even if you knew little about economics, if I told you that the worst economic downturn in US history occurred when the government applied […]

Ron Paul on the G20 Meeting: Bretton Woods II or III?

Ron Paul is probably the best person in the world to comment on this stuff, because he understands the economics better than 95% of professional economists, and he of course understands politicians better than 100% of professional economists. (HT2LRC)