If John Maynard Keynes and F.A. Hayek got into a fight, who’d win? . . .
As part of his continuing series Making Sense of financial news, Paul Solman has a unique look at the legacy of economist John Maynard Keynes, who first introduced the concept of government intervention in the economy, and his countertenor Friedrich Hayek. . . .
Hoover fellow Russell Roberts is using rap music to make the dismal science far less dismal. By Charles Lindsey.
If one had to pinpoint the birth of globalization, a good bet would be Aug. 15, 1971, when President Richard Nixon dropped the U.S. dollar's convertibility to gold...
This (HT: Drudge) is the weirdest story of the year:...
A little perspective...
Menzie Chinn invokes the CBO “estimates” to argue against those who say the stimulus didn’t work. . . .
Brad DeLong mocks Steve Horwitz here for suggesting that the stimulus didn’t create jobs. . . .
In this post, I disagreed with Menzie Chinn and argued that CBO estimates of the impactof the stimulus are not estimates. . . .
David Leonhardt writes in the New York Times: Just look at the outside evaluations of the stimulus. . . .
There’s a debate going on in the punditsphere about whether America is ungovernable. . . .
So when someone says the TARP was central to preventing disaster, don’t disagree. . . .
The raw footage of my conversation with Robert Skidelsky is now up at the NewsHour. . . .
In the latest EconTalk, I talk with Robert Frank about the virtues of learning economics via puzzles and stories rather than graphs and equations...
The latest podcast at EconTalk is Paul Romer on growth...
This week's EconTalk is with my Nobel-prize winning colleague, Vernon Smith...
Brad DeLong has an interesting post at TPM Cafe (HT: Arnold Kling at EconLog)...
More than fifty audiotapes in the records of the Mont Pèlerin Society, an international organization of laissez-faire economists, have been digitized for preservation and access by Hoover's audio lab. Many of the tapes contain proceedings of four of the society's meetings, held from 1956 to 1960. The 1958 meeting, in Princeton, New Jersey, featured Friedrich A. von Hayek, Milton Friedman, Ludwig von Mises, William H. Hutt, and other economists discussing the welfare state, agricultural economics, inflation, and monetary policy.
It Is Time to Refocus on Education, R&D and Innovation If We Are to "Think Different" and Remain Competitive
I have often wondered what it takes for a dominant economy to fail as Spain did in the late 17th Century, France did in the late 18th Century, or the Ottoman Empire did in the mid-19th Century. . . .
Krugman and DeLong have been attacking Mankiw and Meltzer for mocking the “jobs saved” metric of the Obama Administration. . . .