This author has yet to write their bio.Meanwhile lets just say that we are proud Bob Murphy contributed a whooping 10 entries.
Hold on to your hats, kids, I think I will alienate 95% of the blogosphere with this one (and without even cursing)… Marco Rubio has been getting hammered in the blogosphere from both right and left for his coy answer when a GQ interviewer asked him about the age of the Earth. The irony is, […]
This whole “what danger is there for a country issuing its own currency?” argument is really slippery. First of all, what these people really mean is, “What danger is there for a country issuing its own currency and in which most of its debts are denominated in this currency?” I.e., even on their own terms, […]
==> Nick Rowe agrees with me that Steve Landsburg’s analysis of paying down government debt is only true if we assume perfect certainty. (Steve I think would totally agree, and that’s why I said in my original post that this was an argument over specifying assumptions for the reader, not about the implications of those […]
Gene Callahan is mystified: So, I’m teaching Keynesian economics for the second time. And once again, I’m telling my students that, per Keynesians, recessions occur when intended investment falls short of savings. And the best way to fix this, per Keynesians, is for the government to invest in roads, bridges, parks, education, etc. I’m fine […]
I was googling some stuff to prepare for my second lecture in my Mises Academy class on the Great Depression, and I was skimming Princeton University Press’ blurb on the famous Friedman/Schwartz monetary history of the US. I was surprised to see this: “Milton Friedman won the Nobel Prize in Economics in 2000 for work […]
[UPDATE below.] I knew right off the bat that Noahpinion was doing something wrong in this patronizing post on inflation, but it took me a minute to figure out where the error was creeping in. But don’t worry, I finally got it. Here’s Noah: Inflation is one of those things that almost nobody who isn’t […]
Something is puzzling me here. People who are willing to have a war to prevent secession argue that they are trying to prevent secessionists from imposing costs on everybody else. But what are the actual calculations to yield this result? Let’s take Texas for example. Depending on which estimate you look at, the actual GAAP […]
==> Over at Laissez-Faire I explain my Chevy Chase moment. ==> On carbon taxes, I report you decide. ==> My podcast with “Gadsen Rising.” ==> My podcast on “Patriot’s Lament.” ==> Markets in Everything: An insurance policy for libertarian […]
I don’t want to link to our comments because nothing he said was unusual, but last week I got into it with a critic here about God violating people’s natural rights. In other words, my critic was claiming that we can use our reason to derive rights that human beings possess, and that’s how we […]
Steve Landsburg and I can have a perfectly civil discussion on theology. He agrees not to mock me (to my face) for thinking a guy can walk on water, and I don’t make fun of him for worshipping irrational numbers. But when it comes to government debt, I think Steve and I might just have […]