Research
Research
evolving democratic capitalism
societal values
rule of law
economic prosperity
fiscal responsibility
February 9, 2012 | Corner (National Review Online)

Which Way Greece?

One question that rarely arises about Greece is “where did all those hundreds of billions of Euros really go?”...
February 6, 2012 | Economics One

Reassessing the Recovery

What are the implications of all the recent economic reports for an assessment of the recovery from the 2007-09 recession? In my view, they still indicate a very weak recovery...
February 1, 2012 | What Paul Gregory Is Writing About

My Advice: Ignore All Headlines on Solution of Euro Crisis

So far I have counted about 25 announcements that the Euro crisis has been resolved or is about to be. I guess these headlines are wishful thinking...
February 1, 2012 | KeithHennessey.com

Response to the Klein deficit chart

A friend challenged me to respond to this chart and this post by Mr. Ezra Klein in the Washington Post...Here is my response...
January 31, 2012 | Corner (National Review Online)

Are We All Peasants Now?

The U.S. is starting to feel a lot like Europe, where the peasant mindset of a limited good reigns, and the technocracy struggles to manage the economy and keep funding its redistributive social services...
January 31, 2012 | Mark Harrison's Blog

The EU Shows the Risks of Selective Intervention

Selective intervention is supposed to improve things. And it can do this, up to a limit. But in the real world the limit of improvement is always fuzzy...
January 23, 2012 | KeithHennessey.com

President Obama’s changing economic problem definition & deficit strategy

In advance of tomorrow’s State of the Union address I have been rereading President Obama’s major economic speeches...Here is how President Obama has defined America’s primary economic problem and his policy response...
January 10, 2012 | Works and Days

Mr. Obama’s 99% — Are We Poor or Just Unequal or Both or Neither?

The 2012 campaign is heating up and we can see the outlines of an impending us/them class war. But in our strange 21st-century world, lots of crazy things blur the president’s 1%/99% divide...
January 10, 2012 | Cafe Hayek

Be careful what you wish for

As F.A. Hayek observed in The Fatal Conceit: “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design”...
January 3, 2012 | Cafe Hayek

More on Fannie and Freddie and the crisis

The right argues that the cause of the crisis was that the government made banks (Fannie and Freddie and CRA) buy bad loans. The left argues the government through deregulation let investment banks run amok. Each is partially correct...