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Tag Archives: Economics
Link from the Greg Mankiw blog.
On July 31st, 2012, in the midst of the next Presidential campaign, one of my American heroes, Milton Friedman, will have his centennial celebrated. Whoever the Republican presidential candidate is at the time should be attempting to join themselves at … Continue reading
In the survival-of-the-fittest environment of blogging economists, a revealing story unfolded. What began as a practical lesson in corporate finance, ended up highlighting the hypocrisy of a key Obama cheerleader who is all for higher taxes, as long as others … Continue reading
Perception: Milton Friedman was a conservative. Reality: Friedman, and Hayek, saw themselves as radical in attacking the root of the problem [socialism]. Tyler Cowen from Marginal Revolution recommended this C-SPAN Book TV video from 1994 featuring Milton Friedman being interviewed … Continue reading
David Friedman weighs on on an interesting issue; Should stakeholders [all people affected by the corporation's decisions] be given more protection or a bigger say in how corporations are managed? First a Friedman primer on what incentive issues exist in … Continue reading
Welcome to The Show: The Blogosphere in 2009 – the greatest economics discussion group that could possibly be imagined. As if the wealth of information available wasn’t enough, the Eco Gods threw in a financial crisis to spice it up. … Continue reading
Thin edge of wedge defined: A minor change that begins a major development, especially an undesirable one. For example, First they asked me to postpone my vacation for a week, and then for a month; it’s the thin edge of … Continue reading
The always interesting Marginal Revolution blog, endorses an idea so simple and smart, it must have no chance of succeeding. Thomas Friedman describes the source of the idea: Leave it to a brainy Indian to come up with the cheapest … Continue reading
I read this on Paul Krugman’s blog: I’m working at home today, waiting for the Fios [fiber-optic internet] guy. Which means that I’m probably going to drop off the face of the earth for much of today. Which amazed me. … Continue reading