Archive for Shameless Self-Promotion

The Rhetorical Significance of the 1920-1921 Depression

My favorite NY Times economist is none too happy that Jim Grant wrote a book on the topic. I’ll let others (like Tom Woods) speak for themselves, but as for me, I am completely unapologetic about what I’ve written. I explain the situation at Mises CA. An excerpt: What happened in my case is that […]

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The Case for a Carbon Tax Is Much Weaker Than You Think

This is a pretty “Square One” type of post, where I explain the textbook case for a carbon tax and how reality differs from it in myriad ways. The context is a carbon tax (I mean, “fee”) introduced by Senators Whitehouse and Schatz. An excerpt: Furthermore, even if we set aside the problem of “leakage,” […]

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Krugman: “Sticky Wages I Win, Flexible Wages You Lose”

I have pointed this out before, but it’s funny when Krugman shakes his head at the morons who dispute the sticky-wage case for Keynesianism (e.g. when he recently posted a chart about wage adjustments in Spain during the crisis), when he earlier had taken Casey Mulligan out to the woodshed for thinking sticky wages/prices had […]

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“Reason” Symposium on Predictions of Price Inflation

I was one of the contributors to this. Whenever you do something like this, by the time the editing process is done, the tone of the finished piece has strayed a little bit from the original draft. So let me reiterate here, I am way more introspective about what happened than Peter Schiff seems to […]

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Update on *Three Lads and the Lizard King*

Just a reminder that the children’s book I wrote (originally for my son) is available on Amazon.. (Incidentally, Amazon was using the wrong ink on the books for the first 20 copies or so until they fixed it, so if you ordered early on and got some funny results on the inside, just notify Amazon […]

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Yes Scott Sumner Is “the NGDP Guy”

I explain why he has been pigeonholed. For example, he has said the Fed is more powerful than God because it controls NGDP. More substantively, I produce the following chart: So yes, Scott is right that some economists foolishly thought monetary policy was tight in the Weimar Republic because nominal interest rates were high. But […]

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Potpourri

==> Dan Sanchez weighs in on Bitcoin and the regression theorem. ==> CATO’s monetary conference. ==> Some Protestant pastors want to separate marriage and State. ==> I’m not going to bother writing it up, but you can see in the comments here how I try to resolve Scott Sumner’s running feud with Paul Krugman. I […]

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Tom Woods and I Talk Japan, Plus a Surprise Announcement

As I said on Facebook, it might be about the Flying Spaghetti Monster we captured. Or should I say, Spaghetti Monster.

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