Shameless Self-Promotion

Archive for Shameless Self-Promotion

The Myth of Wartime Prosperity

This ran a while ago but I forgot to blog about it. Half of my piece is just the standard case against World War II “prosperity,” with a link to Steve Horwitz’s co-authored piece drawing on primary sources to show how tough things were on the homefront. However, after that I take Krugman et al. […]

Potpourri

==> David R. Henderson, clearly jealous of my notoriety, points out that he debated Paul Krugman when I was an undergrad. ==> Scott Sumner and von Pepe go toe-to-toe. Von Pepe tells Sumner that the word “market” doesn’t mean what he thinks it means. ==> After that warm-up, for something even more surreal: Joseph Fetz […]

Updated Yield Curve Chart

For my Anatomy of the Fed class, I showed how the Austrian theory of the business cycle actually has a very natural explanation of the yield curve’s ability to “predict” recessions. (Details in my paper here.) Some people asked me to update the charts. Here ya go:

Revisiting the Economics of Climate Change: Nordhaus, Tol, and Surprising Findings

I have a long post up at MasterResource, revisiting the issues that came up in my earlier response to Nordhaus. If you are interested in climate science, particularly the economics of climate change, I would immodestly recommend that you wait till you have a good 15 minutes and read this thing through. It’s by no […]

Potpourri

==> Oh boy, here we go again, flirting with the event horizon in economics known as capital & interest theory. If I were an academic, puffing on my pipe and flaunting a tweed sportcoat, I could really get into this. As it is, you will have to content yourself with my comments in Nick Rowe’s […]

My Time at Porcfest 2012

On Sunday I returned from five days in Lancaster, NH at “Porcfest,” short for the Porcupine Freedom Festival. (The porcupine is the mascot, because it doesn’t attack but can ably defend itself.) My first experience was at Porcfest 2011, where I had a blast, and once again Porcfest 2012 turned out to be my favorite […]

The Dangers of the Modern Greenbacker Movement

Uh oh, I ask for a comeuppance by the MMTers in this new piece at The American Conservative: Lately there has been growing interest in what might be called the modern Greenbacker movement, in homage to the historical political party. The new movement deplores the current system under which the government issues interest-bearing debt to commercial […]

Reminder: Anatomy of the Fed Starts Tonight

A quick reminder, my Mises Academy online class “Anatomy of the Fed” starts tonight. Special summer pricing: $79 for an 8-week course. Krugman is right, deflation is here.