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Blog Profile / EconLog


URL :http://econlog.econlib.org/
Filed Under:Business & Finance / Economics
Posts on Regator:8423
Posts / Week:24.2
Archived Since:March 2, 2008

Blog Post Archive

About That 97 Percent

(October 31, 2014 01:35 PM, by David Henderson) I've posted before (here and here) about the John Cook study that purports to find that 97% of climate scientists believe that humans are the main cause of global warming. Now Richard Tol, a professor of the economics of climate... (0 COMMENTS)

Does Identity Politics Pay?

(October 31, 2014 12:03 AM, by Bryan Caplan) When I scoff at group identity, critics often call me naive. Won't anyone who heeds my advice to eschew identity politics end up being victimized by all the folks who do take their group identities with utmost seriousness? Then rational... (0 COMMENTS)

Supply and demand-side stagnation

(October 30, 2014 11:44 AM, by Scott Sumner) Tyler Cowen often has posts entitled "A very good sentence." Here Tyler dishes up one of his own: Yes, it is a big mistake to assume Say's Law always holds but it is an even bigger mistake to think it... (0 COMMENTS)

The Identity of Shame

(October 30, 2014 12:24 AM, by Bryan Caplan) Every large, unselective group includes some villains. Say whatever you like about the average moral caliber of Christians, atheists, Democrats, Republicans, plumbers, comic book fans, or Albanians. The fact remains that each of these groups contains some awful people. While... (0 COMMENTS)

Henderson on Minimum Wage for Prager University

(October 29, 2014 12:24 AM, by David Henderson) Prager University has published a beautiful graphic-filled video on the minimum wage with me as the "talent." You can see it here or here.... (0 COMMENTS)

Emigration and Citizenism

(October 29, 2014 12:04 AM, by Bryan Caplan) I still remember watching this interview with Mikhail Gorbachev in my high school journalism class. When Tom Brokaw asked Gorbachev about Soviet emigration restrictions, the Soviet dictator self-righteously replied:What they're [the West] organizing is a brain drain. And of course,... (0 COMMENTS)

Is Violence Against Women Ever OK?

(October 28, 2014 01:44 PM, by David Henderson) Of course, it is. I'm glad that co-blogger Bryan Caplan has introduced us to Scott Alexander. I had never come across him before, but I found most of the long piece that Bryan referred to refreshingly thoughtful. There is so... (0 COMMENTS)

Read Scott Alexander

(October 28, 2014 12:08 AM, by Bryan Caplan) I find fascinating new things to read every day. But it's been a long time since I found a fascinating new thinker to read - someone who makes me say, "Tell me everything." Then about two weeks ago, I discovered... (0 COMMENTS)

John Goodman on Why We Have Political Stability

(October 27, 2014 01:42 PM, by David Henderson) One person who does understand economics and who frequently writes approvingly of Roosevelt's approach to politics is Paul Krugman. In The New York Times last Friday he had this to say: "... the political right has always been uncomfortable with... (0 COMMENTS)

Government Projects and Subsidies: What are the Alternatives?

(October 27, 2014 11:45 AM, by Art Carden) Repeat after the economics profession: resources are scarce, and they have alternative uses. Thomas Sowell has said that this is the first rule of economics. He has also said that the first rule of politics is to ignore the first... (0 COMMENTS)

Teaching the Children by Example

(October 27, 2014 01:33 AM, by David Henderson) Here's a letter I had published in today's Monterey Herald. What's important is not so much the measure being debated and voted on, but the way the local school district used our money. It was the lead letter in the... (0 COMMENTS)

The ECB has an inflation target. How do the Germans propose they hit it?

(October 26, 2014 11:15 AM, by Scott Sumner) The Germans have traditionally argued that the ECB should focus like a laser on their inflation target, paying no attention to unemployment. Fair enough. But how are they supposed to do this? The exact target is kind of vague, below... (0 COMMENTS)

Who Will Build the Roads?

(October 26, 2014 09:00 AM, by David Henderson) Is that even the right question? Often, when believers in economic freedom advocate economic freedom, questioners and skeptics ask us, "But if you didn't have government doing it, who would build the roads?" My guess is that most such... (0 COMMENTS)

Henderson on Piketty, Part 4

(October 26, 2014 02:13 AM, by David Henderson) Here's the next installment from "An Unintended Case for More Capitalism," my long review in Regulation of Thomas Piketty's Capital in the Twenty-First Century: How does Piketty handle this serious problem? [The problem that his proposed tax on capital would... (0 COMMENTS)

My naivete about government officials

(October 25, 2014 09:50 AM, by Scott Sumner) Back in the 1980, I believed the Fed needed to target inflation or NGDP, and if they did so the problem of high inflation could be solved. These views were widely mocked by people on both the left and the... (0 COMMENTS)

I'm 90 Percent American and 10 Percent Canadian

(October 24, 2014 11:54 AM, by David Henderson) You can take the boy out of Canada, but you can't (completely) take Canada out of the boy As a U.S. federal employee, I'm going through a security clearance for the first time in years. The guy who came to... (0 COMMENTS)

An Anarcho-Capitalist Disney Movie I'd Like to See: Who Paid for The Palace?

(October 24, 2014 09:28 AM, by Art Carden) WARNING: CONTAINS FROZEN SPOILERS. My daughter is four years old, which means we consume a lot of Disney Princess merchandise: movies, toys, etc. As one might expect, everyone in our house basically knows every word to every song from Frozen.... (0 COMMENTS)

Compulsory Attendance IVs Reconsidered

(October 24, 2014 12:02 AM, by Bryan Caplan) Using compulsory attendance laws to estimate the causal effect of education on outcomes has been hot in economics for over a decade. But I was always a skeptic. The idea that minimum schooling leaving laws are exogenous is bizarre, yet... (0 COMMENTS)

IMF's Loungani: Demand for Labor is Downward-Sloping

(October 23, 2014 04:45 PM, by David Henderson) I was on the road from Sunday a.m. to late last night and thus my sparser than usual blogging. I taught classes in Patuxent River, MD on Monday, Norfolk, VA on Tuesday, and Arlington, VA on Wednesday, with lots of... (8 COMMENTS)

The great sin, the even greater sin, and the enlightened path

(October 23, 2014 02:49 PM, by Scott Sumner) The title is my pathetic attempt to imitate Miles Kimball and Noah Smith, who sometimes post on religion. This won't be about religion; it's about monetary policy. Oh wait... In the 1970s, US policymakers knew that inflation... (5 COMMENTS)

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