Peter Boettke makes a point about the role of tariff protection in the US leading the transition from the Great Crash to the Great Depression. Read more »
Peter Boettke makes a point about the role of tariff protection in the US leading the transition from the Great Crash to the Great Depression. Read more »
These are difficult times for liberals. The mood around the world is turning against them. Politicians find it easier to blame crazy economists and greedy managers for financial turmoil than to understand and fix their own mistakes. Free-marketers still have the evidence of economic history on their side, but they will have to make their case more forcefully from now on. They face a constant battle of ideas that can never be decisively won.
Read more »
Like Oscar Wilde said (I think), “I can resist anything except temptation”. More here. Read more »
It’s a common refrain that “we’re all Keynsians now”, as government after government turns to fiscal levers to try and avert recession.
Yet just a year ago inflation was zooming up the list as a potential threat. And, in actual fact, it still is. Read more »
In an earlier column I outlined the problems of the cognitively challenged ‘Tania’. Tania is not cognitively challenged because she’s stupid. She is cognitively challenged because impossible demands are made on her cognitive faculties. That’s what I argued with regard to the requirement that she choose where to put her super - not the kind of choice she’s comfortable with. Read more »
I wrote about the Paul Woolley centre for capital market dysfunction a while back. It may not surprise you that Wolley is continuing to get attention, not least in Prospect Magazine. Well worth a read.
Why Obama Should Copy Bush (Really!)
By Jonathon Cohn
You hear lots of talk about which former president Barack Obama should use as a model. Bill Clinton comes up regularly. Franklin Roosevelt, too. But what about the guy in the White House now? Read more »
Software and the law have a lot in common. Both are complex topics forever catching up with a complex world. They convert intellectual structures into real world events, implications and outcomes. Both of them have simple formal models which turn out to have infinitely complex variations as soon as we embark on developing them in any scale. Read more »
This is an interesting article on things at the cutting edge of healthcare (if you’re a free market type). If you’re not such a free market type, there may be some things at the other cutting edge of community medicine and other things - feel free to let us know in comments. Read more »
From today’s Fin.
Several causes of the financial troubles in the United States - including the non-recourse nature of housing loans - were known to be problems before the crisis erupted. Other factors - such as falls in American house prices - were foreseeable. These weaknesses weren’t properly addressed because of a failure of government. The same failure affects Australia. Read more »
Blogotariat is a platform to enhance the role of blog commentary and its growing influence on Mainstream Media and the political process – the great contest of ideas essential to a civil society. If you wish to contribute editorially or add your blog please use the Contact menu to send some info.
