Hoover fellow Russell Roberts is using rap music to make the dismal science far less dismal. By Charles Lindsey.
Brad DeLong mocks Steve Horwitz here for suggesting that the stimulus didn’t create jobs. . . .
David Leonhardt writes in the New York Times: Just look at the outside evaluations of the stimulus. . . .
David Leonhardt argues that the health care changes will work to reverse the inequality of the age of Reagan. . . .
A very illuminating story on “jobs saved.” . . .
Paul Krugman foresees an increasing left-leaning electorate. The cause?
Here’s an amazing story from CNN because it’s so ordinary. . . .
Krugman and DeLong have been attacking Mankiw and Meltzer for mocking the “jobs saved” metric of the Obama Administration. . . .
Robert Samuelson does a nice job explaining why living standards are rising even though we sometimes hear otherwise:...
Robert Samuelson points out wisely that the measured poverty rate is a misleading measure of economic progress when there is immigration (a common theme here at the Cafe)...
Mark Steyn nails it (HT: Gary Schiff) in a piece on Greece and the path we’re on in the US. My favorite part: We hard-hearted, small-government guys are often damned as selfish types who care nothing for the general welfare. . . .
It has nothing to do with the bloated budget, the payoffs to political friends like the unions in bailing out Detroit and exempting them from health care taxes, the rising debt, the coddling of Wall Street, the stimulus package that didn’t stimulate, the grandiosity of redesigning the health care system and the energy sector. . . .
These are exciting though scary revolutionary times, akin to the constant acrimony in the fourth-century BC polis, mid-nineteenth century revolutionary Europe, or — perhaps in a geriatric replay — the 1960s. . . .
Mel Watt, Director of the Federal Housing Finance Agency, recently announced that he will reduce the minimum mortgage down payment requirement for Fannie Mae and Freddie Mac – the housing financing behemoths that he controls as their conservator since the financial crisis – to three percent.
Graying populations aren’t the economic time bomb we fear. Instead, think of better health and longer productive years. By John B. Shoven.
A few countries have found a way to stop graft and foster political stability: hire foreigners to collect their revenue. By Kris James Mitchener and Noel Maurer.
Want to boost growth and reduce inequality? Focus on education. By George P. Shultz and Eric A. Hanushek.
A recession is a terrible time to make major changes in the economic rules of the game. . . .
What do black Americans need in order to get ahead? A truly free market. By Walter E. Williams.
If a CEO issued the kind of distorted figures put out by politicians and scientists, he'd wind up in prison. . . .