Quotation of the Day…
Tweet… is from William F. Shughart’s superb 2010 presidential address – “The New Deal and Modern Memory” – to the Southern Economic Association; specifically, it’s from page 538 of the version of...
View ArticleThe Ultimate Cause of the Financial Meltdown: Government
TweetIn this superb new video – which is just under six-minutes long – the Manhattan Institute’s Nicole Gelinas explains the relevant, bailout-bloated history behind the 2008 financial crisis....
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TweetMy colleague Pete Boettke explains why George Mason University is such an exciting place to study economics. Kyle Smith reviews the movie “The Big Short” and finds that it comes up short – big...
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TweetJeff Tucker reviews The Big Short. Doug Bandow calls on Americans to aid Syrian refugees – here and abroad. Even the gentle Timothy Taylor is made angry by Paul Krugman. George Will bids adieu to...
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TweetSteve Horwitz explains that voting is not the only, and not even the most meaningful, way to participate politically. A slice: When we write a letter to the editor, share a story or a meme on...
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TweetDavid Henderson rightly applauds Brad DeLong for calling out Paul Krugman’s recent flirtations with protectionism. Here are the key findings of Scott Winship’s latest research: An accurate...
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TweetGeorge Selgin is unimpressed with Eric Posner’s case for giving the Fed more discretionary authority. Also over at Alt-M is my colleague Larry White’s careful assessment of the Great Recession and...
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TweetWarren Meyer looks sensibly at climate alarmism. My colleague Alex Tabarrok wisely argues against historical-preservation statutes. George Will supports Brexit. Russ’s latest Econ Talk guest is...
View ArticleWho’d a-Thunk It?
TweetCato’s Mark Calabria – a GMU Econ alum – reviews Barney Frank’s autobiography (Frank). In this autobiography, Frank admits (as Mark conveys the fact) that he [Frank] “had not thought a great...
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TweetOn September 7th, Cato’s Center for Monetary and Financial Alternatives is teaming with the Mercatus Center to hold a conference in Arlington, VA, entitled “Monetary Rules for a Post-Crisis...
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TweetAlex Tabarrok reports on research that finds that firms that make economically irrational hiring decisions – in popular parlance, firms that “discriminate” in hiring – are more likely to go out of...
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TweetPreston Cooper argues that raising minimum wages is an unsound idea. Arnold Kling ponders secession. Mark Calabria points us to a new paper, by Oonagh McDonald, on Glass-Steagall. A slice: Dr....
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TweetHere’s the latest installment of George Selgin’s invaluable Primer on Monetary Policy. A slice: To get a handle on the Fed’s contribution to the [2008 financial] crisis, one must be willing to do...
View ArticleFreeman Essay #123: “On the Austrian Theory of the Trade Cycle, Part II”
TweetIn the April 2009 Freeman I continued my discussion of the Austrian theory of business cycles. My column is below the fold. In my previous column I reported that the sustained and substantial...
View ArticleFreeman Essay #124: “The Return of Keynesianism”
TweetIn the June 2009 Freeman I explained why I was then – and why I remain today – wholly unimpressed by John Maynard Keynes’s alleged ‘brilliance’ as an economist. My explanation is below the fold....
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TweetMy intrepid Mercatus Center colleague Veronique de Rugy is not fooled by Trump’s economically ignorant assertions about trade and trade wars. A slice: All of this for what? The promise of lower...
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TweetMy intrepid Mercatus Center colleague Veronique de Rugy and my friend Deroy Murdock appeared today with Douglas Holtz-Eakin on Charles Payne’s show to discuss the cronyist policies that led to...
View ArticlePittsburgh Tribune-Review: “Gnarled reality”
TweetIn my October 15th, 2008, column for the Pittsburgh Tribune-Review I criticized those who blamed the 2008 financial crisis on “market fundamentalism” and deregulation. You can read my column...
View ArticlePittsburgh Tribune-Review: Would you buy a new car from this company?
TweetIn my December 16th, 2008, column for the Pittsburgh Tribune-Review I argued against the conventional wisdom that, back during that crisis, insisted on the necessity of a government bailout of...
View ArticlePittsburgh Tribune-Review: “The camel in the tent”
TweetIn my February 11th, 2009, column for the Pittsburgh Tribune-Review I expressed fears about the spurt of government growth sparked by the Great Recession. Were my fears justified? You can read my...
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