Archive for Tom Woods
Tom Woods on Secession
This is really something special. I’ve told Tom for years that he would be a great radio host because he has the right voice and personality for it, but in this episode you remember, “Oh yeah, Tom’s a trained historian.” Also, his take on Mark Levin at the end is great. Levin has been confidently, […]
Read moreTom Woods Talks MMT With Me
Here. Two things: (1) I misspoke early in the interview, when I confused Abba Lerner with Oskar Lange. They both advanced the “market socialist” response to Mises during the celebrated Socialist Calculation Debate, but it was Lange (not Lerner) who wrote (somewhat tongue in cheek): Both as an expression of recognition for the great service […]
Read moreEugene Fama: Who Would Build the Roads? Certainly Not an Efficient Market
Brad DeLong is as cranky about not winning the Nobel as I am, and kicks sand in Fama’s face by bringing up an article the new Nobelist wrote in 2009 criticizing “stimulus.” What jumped out at me was the following passage from Fama’s essay: Government infrastructure investments benefit the economy if they are more productive […]
Read moreAll Tom Woods, All the Time
==> Here Tom explodes the notion that the medieval folk believed in a flat Earth. ==> Here Tom continues his modern-day crusade against Michael Lind. Tom does an impression of Lind and writes: The U.S. is not a practical arrangement to be evaluated according to objective criteria. It is a mystical, self-justifying entity. It is […]
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