Tag Archives: Gary Becker

Auto Industry Bailout Debate

The chart comes by way of Greg Mankiw’s blog It’s fascinating to watch the auto industry bailout debate unfold. I have a natural aversion to arguments designed to pull at my heart strings, so if I see any version of … Continue reading

Posted in Business & Economics | Tagged , , , , , | Leave a comment

Do free markets corrode moral character?

My biggest concern about the fallout from the financial crisis–which lead to the Federal Rescue Plan–is whether the response to that will lead to over-regulation, i.e. trending towards the Rorschach-word of the day, socialism. The use of the ‘s’ word … Continue reading

Posted in Business & Economics | Tagged , , | Leave a comment

Rescue Plan as Viewed by Economists

Forget Congress for now, whatever emerges there is a compromise of the least objectionable ideas. I’m curious about how the intelligentsia views what is occurring. The most respected university in economics is the University of Chicago. Economists there took the … Continue reading

Posted in Business & Economics | Tagged , , , , , , , | Leave a comment

The logic of political extremism

Sometimes we can over-analyze these things. Why is Hollywood so predominantly liberal? Just look at who they are and what they do. That’s what Richard Posner does below. But why should actors and other creative workers in the Hollywood film … Continue reading

Posted in Random Observations | Tagged , , , | Leave a comment

What should government do?

Forcing fast-food restaurants to disclose calories seems like a safe ‘no’ by my way of thinking, but it’s not the clear cut answer I thought before I read the following from the Becker-Posner blog – this is Posner: A law … Continue reading

Posted in Business & Economics | Tagged , , | Leave a comment