“Wading through the online debates, I note that opinions on stimulus are nearly 100% correlated with the composition of that stimulus, and the opinionator’s prior view of that activity. So when Democrats are in power and stimulus is mostly spending, liberals think that the stimulus is an issue of fierce moral urgency stymied by venal greed and rank idiocy, while conservatives develop deep qualms about budget deficits. When Republicans are in power, and stimulus consists mostly of tax cuts, Democrats get all vaporish about deficits and the income deficit, while Republicans suddenly realize that the normal rules don’t apply in an emergency. When out of power, both sides will grudgingly concede that some small amount of highly temporary stimulus might be all right, but note (correctly) that the other side seems to be trying to make permanent as much of this “stimulus” as possible.” — Megan McArdle
Archive for the 'delicious' Category
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It sure does.
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Another reason not to worry about income inequality.
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More on inequality.
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More on student loan debt.
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Chile and Friedman.
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Trade, miminum wage, and poverty all via the economist blog.
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On the recent foreign policy book by Mark Steyn, America Alone.
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Over the debate on income inequality, “Alan Reynolds is stating that it’s all down to a misunderstanding of the figures. At least in part due to not noting the way in which business income became personal income given some tax changes”
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More on inequality.
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EconLog, A Kuranian Take on the Religious Gender Gap, Bryan Caplan: Library of Economics and LibertyOne theory on why women are more religious than men.
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“In reality, these policies have been about as effective at producing meaningful integration and educational excellence as arranged marriages are at manufacturing true love.” The only way to receive meaningful diversity in high school campuses is to prom
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God bless capitalism! Absolute global poverty is quickly becoming a thing of the past.
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The new book “Income and Wealth”, by economist Alan Reynolds, is destroying income inequality myths left and right.
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On speed readers.
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The economics of tipping.
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The economist on the death of Pinochet.
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Michael Barone on Pinochet.
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Be warned – more and more minorities are learning about the great benefits vouchers, through the power of school choice, brings. Shavar Jeffries argues for a new paradigm where black civil rights efforts are focused more on pushing for school choice.
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A good discussion of race on Black Professors blog. The comments section gets very interesting – and heated.
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Marriages, Blacks, and the history thereof.
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More on single payer healthcare.
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“So far this year Daniel Gilbert’s Stumbling On Happiness and David Warsh’s Knowledge and the Wealth of Nations are the only non-fiction books I have urged you to buy. This book joins that list. “
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“To be among the richest 10% of adults in the world required $61,000 in assets, and more than $500,000 was needed to belong to the richest 1%, a group which — with 37 million members worldwide — is far from an exclusive club.”
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Great back and forth on the role taxes play in Europe.
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The economics of Supply Side economics.
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“Before I get accused of being some sort of Pinochet-sympathizer, let me take the time to explicitly and without reservation denounce him and his wicked ways…”
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What would you have done if you lived under Allende’s government?
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The more you shield health care costs from the consumer, the more expensive health care gets.
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Carters plagiarism.
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On Charles Murray’s immigration views, Mexican immigration, IQ and historical immigration in general.
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“The more I read about the conquest of the New World, however, the more convinced I become that the far left has the facts on its side. The Europeans came not to bring civilization, but to destroy civilizations”.
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More info.
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On Friedman helping Pinochet.
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Cool blogging hacks.
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My Cuba Che vs. Chile Pinochet discussion on Oso’s blog.
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