Archive for Shameless Self-Promotion
Krugman on 2013, Compared to 1937
This is a long post, but you need to get a cup of coffee and read it slowly. In particular, if we accept Krugman’s excuses for his botched 2013 calls, then he loses the Keynesian story about 1937.
Read moreTom Woods and I Discuss Robert Reich
Here. We take apart his video calling for a $15/hour minimum wage.
Read moreUsing Nordhaus’ Book Review to Outline Flaws in U.S. Carbon Tax Narrative
The more I study climate change economics, the more astounded I become at the chasm between reality and what has been sold to the American public. I give another example in my IER analysis of a recent book review by William Nordhaus. Here’s an excerpt: What is fascinating is that if you go to the […]
Read moreCriticizing Robert Reich’s Video for a $15 Minimum Wage
At Mises CA. An excerpt: Reich then goes on to argue that if the minimum wage in 1968 had kept pace with the growth in the “average productivity” of American workers, then today it would be more than $21/hour. Although Reich doesn’t come right out and say it, he sure implies that the workers on […]
Read moreMusic City Friends of Liberty Performs “Come Together”
Not sure if you guys here at the blog know about this, but I’m part of the Music City Friends of Liberty (here’s our Facebook page). Last night we unveiled this ditty at The 5 Spot in Nashville:
Read moreAt This Point Steve Landsburg Must Classify Me as a “Nuisance”
I wanted to push back against Steve Landsburg casually saying that libertarian property rights theory doesn’t work. I thought Rothbard probably handled this type of thing, but I was pleasantly surprised to see just how specific it was. Here’s Rothbard: Consider the case of radio waves, which is a crossing of other people’s boundaries that […]
Read moreOn the Minimum Wage “Experiments”
I wonder if minimum wage workers feel comfortable reading Noah Smith. An excerpt: The early evidence said that minimum wage laws reduce employment growth–just as the textbooks and intro classes taught students for decades. Then, there was a wave of studies in the 1990s that challenged this orthodoxy, including the famous Card-Krueger paper in 1994. […]
Read moreKrugman and Yglesias Get Tough on Bankers–After It Doesn’t Matter
Matt Yglesias recently posed as brave battler of bank bailouts (referring to the case of Iceland), and Krugman high-fived him. Yglesias literally wrote an article titled, “In Praise of TARP.” Here’s an excerpt of my latest at Mises CA: It’s ironic that they now strike this pose, given their behavior since 2008. There was a […]
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