Tag Archives: Economics

Try selling this as a recovery

Posted on April 14, 2012 by Jorge Costales

  Link from the Greg Mankiw blog.

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Milton Friedman Gets Updated

Posted on June 29, 2011 by Jorge Costales

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 →

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Offshore Money, Taxes And Obama Apologists

Posted on May 19, 2011 by Jorge Costales

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 →

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Milton Friedman on Hayek

Posted on February 11, 2011 by Jorge Costales

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 →

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David Friedman on Stockholders vs Stakeholders

Posted on November 4, 2009 by Jorge Costales

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 →

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Blogging Economists: The No Clear Win Zone

Posted on September 4, 2009 by Jorge Costales

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 →

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The Thin Edge of the Sky is Falling Wedge

Posted on June 1, 2009 by Jorge Costales

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 →

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Buy a House, Get a Visa

Posted on March 24, 2009 by Jorge Costales

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 →

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How Do You Know You Have a Monopoly?

Posted on March 23, 2009 by Jorge Costales

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 →

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Perfect Villains?

Posted on March 22, 2009 by Jorge Costales

Just when the lefty powers that be seemingly found their perfect villains, bailout enabled bonuses, but along comes Henry Blodget with some really inconvenient facts. The House recently passed a 90% tax on any household income exceeding $250,000 for employees … Continue reading →

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