american individualism
growth of government
societal values
fiscal responsibility
June 10, 2012 | Becker-Posner Blog

Is Further Quantitative Easing by the Fed Warranted?

I urge the Fed to resist this pressure mainly because further Fed easing under present circumstance will do little stimulating...
June 3, 2012 | Becker-Posner Blog

Profits, Competition, and Social Welfare

The main reason to be concerned about the attacks on competitive capitalism is that it has delivered during the past 150 years so much to all strata’s of society, including the poor...
June 3, 2012 | Works and Days

The Limits of German Patience

I’m still in Germany, and keep noticing a predictable, but continually interesting, pattern in talking to Germans of all walks of life...When Greece comes up (or rather is brought up by Americans), there is a noticeable tension...
May 23, 2012 | Mark Harrison's Blog

Greece: Can’t Pay/Won’t Pay?

How much can one country squeeze out of another? I was prompted to think about this on Monday, when I spoke in Rotterdam at the launch of a major new book: Occupied Economies: An Economic History of Nazi-Occupied Europe, 1939-1945...
May 15, 2012 | Advancing a Free Society

Data Matters: G-7 GDP growth since summer 2009

The potential for a stronger economic recovery demonstrated by two of our peers supports a reassessment of the U.S. government’s response to the Financial Crisis and economic policy actions over the last three years...
May 13, 2012 | Economics One

More Evidence on What Is Holding the Economy Back

Of course something is now interfering with the usual economic response, because our current recovery is certainly not springing back to normal...
May 7, 2012 | Corner (National Review Online)

What Will We Call 2011 or 2012?

If in 1992, 2006, and 2008 the issues were poor Republican stewardship of the economy, what will they be in 2012?...
May 6, 2012 | Becker-Posner Blog

Why has the Recovery in Employment in the US been so Slow?

No single factor explains this slowness, but a combination of several explains most of the slow recovery...
May 6, 2012 | Cafe Hayek

The austerity experiment

I have seen many articles on austerity. I can’t remember seeing any that suggest that government spending in any European country has actually fallen...
May 3, 2012 | Cafe Hayek

DeLong asks Krugman a question

Brad Delong asks Paul Krugman to explain the behavior of Milton Friedman’s disciples as the crisis lingers here and gets worse in Europe...There are four pieces of “policy activism” that are not like one another...