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.
Why Hanoi was not a failure; and whether the focus of the US-China trade deal should be on the theft of American inventions instead of tariffs and trade deficits.
Can the US Hold China Responsible for the Pandemic?
First things first, I might as well just point you over to Cafe Hayek...
This (HT: Drudge) is the weirdest story of the year:...
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 theme of this story is that a recent government report overstated (surprise!) the number of jobs “saved or created” by the stimulus spending...
I’ll be testifying before the Joint Economic Committee tomorrow (Thursday) at 10 am eastern time. . . .
Brad DeLong has an interesting post at TPM Cafe (HT: Arnold Kling at EconLog)...
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. . . .
Barney Frank doesn’t know what to do: “I’ve said we should abolish Fannie Mae and Freddie Mac in their current form and come up with a whole new system of housing finance,” said Representative Barney Frank, a Massachusetts Democrat and the chairman of the House Financial Services Committee. . . .
What went wrong with the U.S. economy in the 21st century? . . .