Paul Krugman gave an interview on book recommendations where he said this:
In my experience with these things – which I find both within economics and more broadly – is that if you ask a liberal or a saltwater economist, “What would somebody on the other side of this divide say here? What […]
Archive for the 'ModernPolitics' Category
Jun20th2011
Jun7th2011
“This week, Bloomberg BusinessWeek put the financial woes of the U.S. Postal Service on its cover with a story titled “The End of Mail.” The dire plight of the USPS isn’t exactly news — it’s been losing money since 2006, including nearly $20 billion since 2007. But the cliff the agency has […]
May9th2011
“Given the austerity mood in the press, the administration is emphasizing the monetary savings involved in this, but that’s actually just a small piece of the potential gains. At the end of the day, by far the biggest problem with having the federal government own a warehouse it’s not using is […]
May7th2011
The Leftist View Of The World
Published by in Education, ModernPolitics, Personal and Vouchers. 6 CommentsReaders of my blog, especially those who comment frequently, know my good friend Jon. He’s a recent convert to the left and believes in it passionately. A common theme of his world view, and those on the left in general, is the tug of war between the rich and the poor. The powerful and the non-powerful. […]
May5th2011
“8. Bin Laden was assassinated. He was not. First of all, he was the leader of a para-statal organization that had declared war on the United States. If the US could have stormed Hitler’s bunker and taken him out, it would not have been an assassination, any more than being able to take out an enemy […]
Apr22nd2011
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Apr21st2011
“Now we learn that on an income of $1.7 million, the Obamas paid $450,773 in taxes, taking full advantage of the Bush tax cuts. I think it is fair to ask: If the President believes that people like him ought to be paying more, then why didn’t he pay more? There is absolutely no rule […]
Apr14th2011
“Here we see the fundamental differences between the parties: One believes in spending more and allocating that spending via central planning. The other believes in spending less and harnessing individual choice and competition to ensure that the money is spent wisely.” — Greg Mankiw, professor of economics at Harvard on the difference between the Ryan plan and ObamaCare
Apr11th2011
“Kristof has his historical facts precisely backwards. From 1929 to 1932 federal spending increased by 50% in nominal terms, doubled in real terms, tripled relative to national income. Judged by that measure, Herbert Hoover makes Barack Obama look like a fiscal conservative.” — David Friedman, rebutting NYT journalist Kristof’s claim that Herbert […]
Apr8th2011
“Leaving the specific details aside, Ryan’s and Obama’s health care initiatives are complementary, not competitive with each other. Without a functioning individual insurance market, you can’t voucherize Medicare. And without pushing most individuals into the individual insurance market, that individual market won’t really be the giant risk pool you need […]
Apr5th2011
“Last year, I blogged about some research that Michael Heaney and I were doing on the anti-Iraq War movement. I found that the antiwar movement quickly collapsed after Obama’s election. Smaller crowds, less attention. The big finding is that Democrats stopped showing up after Obama’s inauguration…In other words, once a Democrat gained power, Democrats stopped […]
Apr1st2011
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This is why I’m a big fan of Rand Paul.
Mar30th2011
“Not only is Smith not endorsing a progressive income tax, he isn’t endorsing any sort of income tax. Reading further into the passage, he successively rejects taxes on income from capital, taxes on wages, and taxes on the income of professionals. The only income he approves of taxing is the income […]
Mar24th2011
“The point is that there’s something a bit head in the sand about proclaiming this a simple “humanitarian” undertaking. Showing up with bags of rice in a famine zone is a humanitarian undertaking. Sending in some Marines to help guard the trucks full of bags of rice is a plausible military […]
Mar17th2011
If you want to know why China is growing faster than India, it’s partly because of India’s labor laws like this:
As soon as a company hires more than 100 employees, it is impossible to fire anyone without government permission. Such laws have long deterred foreign investors, hampered manufacturing, and prevented the nation of […]
Mar15th2011
“Emily Lambert’s The Futures: The Rise of the Speculator and the Origins of the World’s Biggest Markets should help convince you that financial innovation isn’t all useless. A producer of eggs, or oil, or wheat, or corn is, after all, sort of accidentally stuck in two different businesses. On the one hand, […]
