the daily news a shooting liberal star wall street journal editorial democratic platform is for whiners robert robb arizona republic obama tax proposals chris edwards cato institute democrats offer stealth liberalism kim strassel wsj the misery class ibd editorial a growing economy new york sun editorial tax rebates redistribute wealth steven malanga real clear markets the recessionistas w...
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we should be led by osama bin laden. i mean obama and biden.charlie wilson yes of recent movie biopic famethis election in other words is becoming a contest to decide which type of elite voters hate or fear or mistrust more a social elite or an economic eliteezra kleinthe problem with direct flights is that the fuel for the last part of the journey has to get carried the entire distance. carryi...
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buffett is well known about his complaints that he pays less tax than his secretary. well warren when you are the richest man on earth you might have more access to institutions who will shelter your income and wealth from taxes than the rest of us.but in the case of fannie freddie buffett is spot on......
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crudes slide greases a new bull martin t. sosnoff hang on for a raging bull market once a bottom in home prices joins up with cheaper commodities. forbesa recession of 2008 evidence is still weak bill conerly a businomics blog pitfalls of countrywide acquisition rachel beck this deal is so rancid and npredictable said christopher whalen managing director at the consulting firm institutio...
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i seldom find much of worth in the views of any expert yet i do find worth in a diverse group of experts. the key bit is diversity heuristic diversity since they arent all simply clones of one another with the same blind spots and irrational tics. i seek out dissenting views almost in self defense since it is an article of faith that consensus always is wrong. the dissenters may well be wrong to...
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in the 1930s many seniors were poor. today most seniors areaffluent. it is tempting to credit social security. however the maincause is economic growth.arnold kling......
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you cannot make financial markets idiotproof because theyll just build a better idiot.......
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arnold robert higgs if we were talking about bananas everybody would see immediately the foolishness of seeking banana independence. nobody would fall for halfbaked arguments about our addiction to foreign bananas or our love affair with banana bread. its obviously uneconomic to grow millions of bananas in this country it could be done but doing it would entail much greater costs than buying the...
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over at liberty power historian jeffrey rogers hummel discusses a lecture he recently gave entitled why fractional reserve banking is more libertarian than the gold standard. delivered at one of the foundation for economic educations summer seminars the audience included a number of econ heavyweights including reason contributor bryan caplan who posed the following question agree or disagree in d...
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in response to my post about the optimal institutional design for merger enforcement and the problems associated with dual federal enforcement a reader points me to this related paper by jon klick francesco parisi and norbert schulz in the international review of law and economics which models alternatives for allocating decisionmaking across multiple agencies. one of the fundamental insights is ...
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we werent the only ones flabbergasted by david broders recent praise for the national housing trust fund. cato institute adjunct scholar arnold king writes at econlog broder helped ruin my day in a number of ways. first he reminded me about this program which i had only seen in early versions of the housing bill and which i had been assuming was dropped in order to avoid embarrassment. second he p...
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i was delighted to find out today that bryan caplan thinks just as i have for many years now that the watchmen is the best utilitarian parable ever.1 bryan caplan econlog why read the watchmen......
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bryan caplan thinks we might be better off dropping public goods from undergrad econ classes in favor of a broader discussion of externalities. and hes got a point most people do not understand what economists mean by public good. a public good is a good which is nonexcludable you cant keep people from partaking in the benefits of its existanceaand nonrival my partaking in the good does not infer...
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i have been away for awhile but im back and want to continue discussing the book burglars on the job. there is still more there for those of you preparing your criminal law class for the first time. in particular students often ask me does the criminal law matter the utilitarian justifications behind the criminal law turn heavily on the idea that the law is knowable and known and that people avo...
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randomly directed celestial marriage amendment huge spider could batman exist mustve been a star dual priesthood invisible olympics fools and their money new tooth fairy who owns the west bacon alan gura how a young lawyer saved the second amendment daddy the xfiles timeline......
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just say no tummy rub be specific voting for disaster prayer mearls on 4e fractal robot nice billboards just go knowledge of the book of mormon the tenure cloud think fast fury over a word endanger where are they now i used to dance with the first guys partner nansi xu at comps. shes awesome. amazing ads ollie manual 5x 360 flip out bernanke ethan america catches up with ron ...
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does not solve the problem.......
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bryan caplan explains. 1. if you dont have clear and convincing evidence that doing something is better than doing nothing do nothing. 2. if you know that doing nothing is bad but dont have clear and convincing evidence that one action is better than another do the simplest standard thing. my view is that many problems if sat on long enough will take care of themselves. i think ill just sit on...
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lynne kiesling i am not sufficiently expert in financial markets to opine on the current state of affairs in mortgages mortgagebacked securities banks and so on. hearing the current state of financial affairs at the two quasipublic financial institutions fannie mae and freddie mac as well as the cacophonous din of those inveighing congress and the department of treasury to do something because th...
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fra machinery of freedom af david friedman s. 132forestil dig at vi kaber biler pa same made som vi kaber ydelser fra staten. vi mades ti tusind mennesker for at stemme pa den bil vi foretrakker hvorefter alle ti tusind er forpligtet til at kabe den bil der vinder afstemningen. det vil ikke kunne betale sig for nogen af os at gare noget specielt for at finde ud af hvilken bil der er bedst. uanset ...
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