Breaking News

Administrative Alert:

by on September 21, 2016

I am too busy to write much here until the beginning of October, but ...

I think the only wall Donald Trump will ever build [more…]

Basics

by on August 30, 2016

For a variety of reasons I pulled Olivier Blanchard's macroeconomics textbook off my shelf yesterday -- I have the fifth edition which dates back to [more…]

Valuing Education?

by on August 29, 2016

Ben Casselman at fivethirtyeight.com throws us some back to school numbers. They make for depressing reading. America is not committed to education, far from it. [more…]

Open Ended [A Note to Myself]

by on August 22, 2016

One of the major reasons, perhaps the major reason, economics is oftentimes irrelevant to our understanding of economies is that it fails to notice a [more…]

So Wrong

by on August 17, 2016

Jonathan Rauch has just written an absurd article for The Atlantic magazine. It isn't often that I say such things - well except every time [more…]

The Paradox of People

by on August 11, 2016

Yesterday I stirred up a certain curiosity as to why I had lumped Peter Drucker into the same bag as both von Mises and Hayek.

[more…]

Trump, Denial and The End of Normal

by on August 10, 2016

Shocking is an understatement. Donald Trump is unfit for public office, be it town clerk or president of the US. He's an unbalanced egomaniac. He's a [more…]

Spot The Crisis

by on July 21, 2016

We hear it all the time. It is a relentless drum beat on the left. Capitalism, we are told, is in crisis. This crisis is [more…]

Notes to Myself

by on July 20, 2016

First.

With respect to my summer reading.

I have always been fascinated by information. Its role in the economy; its nature; and its effect on [more…]

Partying Like It’s 1848

by on July 18, 2016

This is not a time to dwell on the inconsistencies and even contradictions of the recent uprising of populism in the western world. Treat it [more…]