Krugman’s Environmentalist Economics
Yesterday, Paul Krugman blogged about the economics of environmentalism and alternative energy, trying to twist the argument in his favor by claiming that there simply are not the incentives in place to attract investors into alternative energy industries.
Larry Summers Up the Core Problem in One Sentence
And he actually favors this policy (from the FT): “there must be a clear commitment that, whatever else happens, no big financial institution in any country will be allowed to fail.”
Natural and Artificial Organization
Why Do Students Regard Reading as Torture?
The first and most popular complaint that I received when teaching undergraduate students was that of “too much reading.”
The Saver as a Voter
[Originally published in 1957. Republished in Economic Freedom and Interventionism (1980).]
In Praise of Old Books
Obama can always afford bullets and bombs
Jeremy Scahill, writer for the famously liberal magazine The Nation just published a brilliant piece on the Obama administrations secret and illegal war operations in Somalia — a country which has been effectively stateless for two decades. Scahill’s piece, The CIA’s Secret Sites in Somalia is being largely ignored by most major news outlets but he did a great interview on MSNBC’s Morning Joe.
The Government Benefits Bubble
The New York times recently noted that “Economy Faces a Jolt as Benefit Checks Run Out.”
Close to $2 of every $10 that went into Americans’ wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody’s Analytics…
The Role of Ideas in the Great Stagnation
If you have not read Peter Boettke’s review of Tyler Cowen’s The Great Stagnation, I suggest doing so.