William Anderson

banderson@frostburg.edu

Related Freeman Articles

Feature

Another Keynesian Error

MARCH 07, 2013 by WILLIAM ANDERSON

Keynesians--and "mainstream" economists in general--wrongly assume that consumption itself is a factor of production.

Related Publications

Archive

Don't Cry For Us, Argentina

U.S. Economic Policy Imitates Peronist Argentina

OCTOBER 21, 2009 by WILLIAM ANDERSON

The United States is facing perhaps its second-greatest economic crisis ever, and so far the government has taken page after page from Juan Peron's playbook.

Archive

Is a Weak Dollar a Strong Sign? Not So Fast!

Paul Krugman Borrows from Big Brother

OCTOBER 14, 2009 by WILLIAM ANDERSON

For all the talk that the government's policies of bailouts, printing money, and borrowing at record rates have "prevented" a second Great Depression, the truth is that all the government has done is to give the illusion of recovery while setting us up for an even worse Day of Reckoning.

Archive

Do We Need Another Stimulus?

A Second Stimulus Would Work No Better Than the First

OCTOBER 07, 2009 by WILLIAM ANDERSON

For the U.S. economy to have a real recovery, the economy first must shed the huge number of malinvestments that piled up like garbage on New York streets during the last unsustainable boom.

Archive

The Stimulus Helped the Economy? Not So Fast!

Government Make-Work Projects Will Not Be Key to Recovery

SEPTEMBER 30, 2009 by WILLIAM ANDERSON

Not only are they handing out money in a manner that imperils our future, but they also are demanding that it be spent on phantom things that intelligent people never would need in the first place.

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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