Do We Need Another Stimulus?
Posted in Not So Fast! on 7 October 2009
Stats: 6 views and 1 Comment The New York Times editorial page has spoken: We need another “stimulus” or the economy will be moribund for the foreseeable future. On October 2 Paul Krugman declared: Yes, the Federal Reserve and the Obama administration have pulled us “back from the brink” — the title of a new paper by ...
Posted in Not So Fast! on 7 October 2009
Stats: 6 views and 1 Comment The New York Times editorial page has spoken: We need another “stimulus” or the economy will be moribund for the foreseeable future. On October 2 Paul Krugman declared: Yes, the Federal Reserve and the Obama administration have pulled us “back from the brink” — the title of a new paper by ...
Being for the Free Market Isn’t Enough
Posted in The Goal Is Freedom on 2 October 2009
Stats: 24 views and 13 Comments Harold Meyerson, an op-ed columnist for the Washington Post, this week launched a devastating attack on what he calls "mainstream economists." Observe: Has any group of professionals ever been so spectacularly wrong? Pre-Copernican astronomers and cosmologists, I suppose, and for the same reason, really: They had an ...
Posted in The Goal Is Freedom on 2 October 2009
Stats: 24 views and 13 Comments Harold Meyerson, an op-ed columnist for the Washington Post, this week launched a devastating attack on what he calls "mainstream economists." Observe: Has any group of professionals ever been so spectacularly wrong? Pre-Copernican astronomers and cosmologists, I suppose, and for the same reason, really: They had an ...
The Lowdown on Crude Keynesianism
Posted in Not So Fast! on 15 July 2009
Stats: 18 views and 16 Comments As the economy goes south, we hear calls for a “second stimulus,” most prominently from Paul Krugman, the Nobel-prize-winning economist and New York Times columnist. To argue against further accumulation of government debt and the printing of new money, according to Krugman, is to fall back on “discredited” economic thinking: For ...
Posted in Not So Fast! on 15 July 2009
Stats: 18 views and 16 Comments As the economy goes south, we hear calls for a “second stimulus,” most prominently from Paul Krugman, the Nobel-prize-winning economist and New York Times columnist. To argue against further accumulation of government debt and the printing of new money, according to Krugman, is to fall back on “discredited” economic thinking: For ...
