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CARB Takes Criticism Well
Here is my Townhall column explaining how the California Air Resources Board (CARB) ignored scathing peer reviews of its economic analysis, and voted unanimously to go forward with the statewide cap-and-trade program (and other goodies) contained in AB 32, aka “The Global Warming Solutions Act of 2006.” (So now we can stop worrying about global […]
Read moreThe Predictive Power of Austrian Business Cycle Theory (in the right hands)
In a previous post, I asked (partially in jest) if I had gone into the wrong profession, because the performance of economists before and during this financial crisis has been so abysmal. It’s not even that we disagree on how to fix things; we can’t even agree on what’s wrong. (For example, Tyler Cowen and […]
Read morePat Buchanan: Foreigners Behind the Bailout!
Buchanan has a great piece up today at LRC. He stresses an aspect of The Great Bank Robbery of 2008 that I hadn’t considered: Since Americans save nothing and have to borrow from abroad to finance our trade and budget deficits, wars and foreign aid, what the secretary proposes is this: that Congress authorize the […]
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