Blog Profile / EconLog


URL :http://econlog.econlib.org/
Filed Under:Business & Finance / Economics
Posts on Regator:6722
Posts / Week:12.9
Archived Since:March 2, 2008

Blog Post Archive

Reminder: Talk at Webber International University

(February 21, 2018 09:23 AM, by David Henderson) I will be speaking on Thursday at 7:00 p.m. at Webber International University, Babson Park, Florida. Topic: Economic Inequality: Popular Misunderstandings and Important Facts Place: Yentes Conference Center 1201 N Scenic Hwy Babson Park, FL 33827 If you're an EconLog... (0 COMMENTS)

Henderson on Economic Inequality

(February 20, 2018 07:58 PM, by David Henderson) [L]et us consider two historical figures of twentieth-century American history. The first came to prominence in the late 1940s, when he invented a light one-man chainsaw, and sold more than 100,000 of them at a price that made him... (0 COMMENTS)

There's no success like failure

(February 20, 2018 04:56 PM, by Scott Sumner) I've worked in several different types of organizations, and I've observed a growing tendency for managers to look for measurable metrics to assess productivity. Fortunately, I've generally been in a position where I didn't have to spend a lot of... (0 COMMENTS)

Against Argumentative Definitions: The Case of Feminism

(February 20, 2018 02:22 PM, by Bryan Caplan) Suppose I define socialism as, "a system of totalitarian control over the economy, leading inevitably to mass poverty and death." As a detractor of socialism, this is superficially tempting. But it's sheer folly, for two distinct reasons.First, this plainly isn't... (0 COMMENTS)

Italian elections update

(February 20, 2018 10:15 AM, by Alberto Mingardi) A government that doesn't do much is highly preferable than one that does harm. Italian elecions are fast approaching: they'll be held on March 4. I think there is so far an unnatural/uncanny sense of composure surrounding the ballot. I... (0 COMMENTS)

I LOVE the Olympics

(February 19, 2018 11:57 PM, by David Henderson) I've heard many people on Facebook and elsewhere talk about how politicized the 2018 Olympics are. In this case, though, I think politics is in the eye of the beholder. Sure, I thought that Mike Pence had incredibly bad manners... (5 COMMENTS)

Is Education Worth It? My Opening Statement for the Caplan-Hanushek Debate

(February 19, 2018 02:12 PM, by Bryan Caplan) It was great fun debating Eric Hanushek, truly a gentleman and a scholar. Here's my opening statement. Normal 0 false false false MicrosoftInternetExplorer4 Is the education system really a waste of time and money, as my new book claims right... (7 COMMENTS)

Will Trump reverse Obama's H-4 program?

(February 19, 2018 04:15 PM, by Scott Sumner) We dodged one bullet. The Trump administration's proposal for a dramatic increase in regulation of the energy industry, support by Energy Secretary Rick Perry, has been rejected by the Federal Energy Regulatory Commission. Now there is danger of another bad... (0 COMMENTS)

Speech at Webber International University in Florida

(February 19, 2018 03:49 PM, by David Henderson) On Thursday, February 22, I'll be giving an evening talk at Webber International University in Babson Park, Florida. Topic: Economic Inequality Time: 7:00 p.m. Place: Yentes Conference Center 1201 N Scenic Hwy Babson Park, FL 33827 If you're an EconLog... (0 COMMENTS)

Posner and Weyl on Sponsoring Immigrants

(February 18, 2018 11:58 PM, by David Henderson) University of Chicago professor Eric Posner and Microsoft employee Glen Weyl wrote last week about their intriguing proposal for immigration. It's titled "Sponsor An Immigrant Yourself," Politico, February 13, 2018. I like parts of it but I don't totally understand... (10 COMMENTS)

Never reason from an interest rate spread

(February 18, 2018 01:14 PM, by Scott Sumner) Here's the Financial Times: Analysts have struggled to explain why the yen is rising when the gap between US and Japanese interest rates is widening further, with the US Federal Reserve tightening policy while the BoJ is pinning 10-year bond... (3 COMMENTS)

Hurray for the Imminent End of Polio

(February 17, 2018 05:11 PM, by David Henderson) More remarkably, the disease that was once a global scourge -- a thief of childhood everywhere -- has been all but eradicated from the earth. This year could see its complete disappearance outside of virus labs, experts say. This is... (1 COMMENTS)

Henderson and Furman on Kudlow

(February 16, 2018 05:19 PM, by David Henderson) My Wall Street Journal piece last Friday led to an invite to be on the Larry Kudlow show. I didn't know until I got on that I would be up against Jason Furman, former chairman of the Council of Economic... (0 COMMENTS)

Question for Scott

(February 16, 2018 01:32 PM, by Bryan Caplan) Question inspired by Scott Sumner's latest post: Why not just let the inflation target rise to 3% to provide wiggle room for conventional monetary policy during future recessions?Update: Read Scott's answer!... (3 COMMENTS)

Please, don't experiment with monetary policy

(February 16, 2018 11:14 AM, by Scott Sumner) I am seeing an increasing number of pundits calling for policymakers to experiment with the economy. The basic idea seems to be to have (demand-side) policy run hot; to see just how much growth potential is out there. This was... (4 COMMENTS)

The Tragedy of Modern Academia

(February 15, 2018 08:30 PM, by David Henderson) Alternate title: Don Boudreaux explains my motivation in two paragraphs. Academic journals are the place to hash out new ideas, to note exceptions to established ideas, and to see how well or how poorly different ideas explain different slices of... (0 COMMENTS)

Beach Critiques The Case Against Education

(February 15, 2018 02:26 PM, by Bryan Caplan) Here are some detailed critical comments on my new book from Josh Beach, published with his permission. Dr. Caplan, I recently finished your new book. It is a very important and timely book. I found your arguments very clear, well... (0 COMMENTS)

Why are non-whites so libertarian?

(February 15, 2018 01:07 PM, by Scott Sumner) I hope the title of this post got your attention. If not, I hope the content will make you rethink some assumptions. Let's start with immigration: Are whites or non-whites more supportive of freedom to migrate? I could not find... (0 COMMENTS)

Perspective on Yellen

(February 15, 2018 12:09 AM, by David Henderson) Donna Borak of CNN Money interviewed me early in February for her piece on outgoing Federal Reserve chair Janet Yellen.The piece is "Yellen's historic legacy: Wise caution and a successful recovery," CNN Money, February 3, 2018. Here's the one sentence... (0 COMMENTS)

Why Bryan Caplan Won His Gasoline Bet

(February 14, 2018 10:15 PM, by David Henderson) For some reason, I didn't know about co-blogger Bryan Caplan's bet about gasoline prices with Tyler Cowen, but if I had, I would have taken his side of the bet. Here's why. Notice Tyler's argument, in Bryan's words: Why was... (0 COMMENTS)

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