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.
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. . . .
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. . . .
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. . . .
The roots of conservatism go back to philosophers of the 17 and 18th centuries, such as John Locke, David Hume, and Adam Smith...
For an economist, these are the best of times and the worst of times. . . .
In Washington, many are struggling to control spending and cut taxes. History is on their side. By Michael J. Boskin.
A return to first principles: economic freedom leads to economic success. By John B. Taylor.
The quarter-century of economic expansion that began in the 1980s demonstrated the virtues of limited government. How quickly our politicians forget. By John B. Taylor.
Politicians on both sides get way too much mileage out of rising gas prices. By Richard A. Epstein.