Williamson and Wright summarise new monetary macroeconomics
28 Jul 2019 Leave a comment
in applied price theory, business cycles, economic growth, fiscal policy, history of economic thought, job search and matching, macroeconomics, monetary economics, Robert E. Lucas Tags: new monetary macroeconomics
Thomas Sowell on losing his religion
28 Jul 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, entrepreneurship, industrial organisation, labour economics, labour supply, law and economics, Marxist economics, Public Choice, Thomas Sowell Tags: The fatal conceit
Robert Lucas on Mankiw and the old time religion
28 Jul 2019 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, great depression, history of economic thought, macroeconomics, monetary economics, Robert E. Lucas Tags: New Keynesian macroeconomics
Never compromise on Enlightenment values
28 Jul 2019 Leave a comment
in constitutional political economy, development economics, economics of crime, economics of education, economics of information, economics of religion, law and economics, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: Age of Enlightenment, political correctness, regressive left
Murray Rothbard on who gains from statistics
28 Jul 2019 Leave a comment
in economics of bureaucracy, economics of information, economics of regulation
Holocaust Denial and Reason Magazine: 1976
28 Jul 2019 Leave a comment
What I imagine the editorial room of Reason looked like way back in 1976
Although they deny it, in 1976 Reason magazine published an issue devoted to Holocaust denial. The issue didn’t contain any claims of a worldwide Jewish conspiracy about how the Holocaust was a hoax. It was “softcore” Holocaust denial which Deborah Lipstadt defines as:
Softcore denial uses different tactics but has the same end-goal. (I use hardcore and softcore deliberately because I see denial as a form of historiographic pornography.) It does not deny the facts, but it minimizes them, arguing that Jews use the Holocaust to draw attention away from criticism of Israel. Softcore denial also makes all sorts of false comparisons to the Holocaust. In certain Eastern European countries today, those who fought the Nazis may be lauded, but if they did so with a communist resistance group they may be
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Alan Manning on monopsony, the gender wage gap and the accumulation of job search capital by job shoppers
28 Jul 2019 Leave a comment
in applied price theory, discrimination, gender, labour economics, labour supply
Justice Scalia on securing religious accommodations through normal democratic means
28 Jul 2019 Leave a comment
in comparative institutional analysis, constitutional political economy, economics of crime, economics of regulation, economics of religion, law and economics, politics - Australia, politics - New Zealand, politics - USA, property rights Tags: Freedom of religion
Steven Pinker on Mao’s Great Leap
28 Jul 2019 Leave a comment
in comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, entrepreneurship, growth disasters, growth miracles, income redistribution, industrial organisation, law and economics, Marxist economics, property rights, Public Choice, rentseeking Tags: China, The Great Escape
@NZComCom has a very 1960s view of competition and new entry too
28 Jul 2019 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, industrial organisation, law and economics, politics - New Zealand, Public Choice, public economics, survivor principle Tags: competition law
Nozick on the local pettiness of the thirst for equity and social justice
28 Jul 2019 Leave a comment
in applied welfare economics, constitutional political economy, economics of education, human capital, income redistribution, labour economics, labour supply, occupational choice, poverty and inequality, Public Choice, Rawls and Nozick Tags: envy, social justice
Larry White on the emptiness of Minsky moments
28 Jul 2019 Leave a comment
in applied price theory, business cycles, economic history, economics of information, entrepreneurship, global financial crisis (GFC), great depression, great recession, history of economic thought, macroeconomics, monetary economics Tags: Post-Keynesian macroeconomics
News driven business cycles have a lot of merit
28 Jul 2019 Leave a comment
in business cycles, economics of information, entrepreneurship, history of economic thought, industrial organisation, macroeconomics, monetary economics, survivor principle Tags: real business cycles
George Stigler on the long list of critics of capitalism
28 Jul 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of information, economics of regulation, environmental economics, George Stigler Tags: anti-market bias, pessimism bias
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