Incredible nonsense
There are a lot of people in need of some urgent economics101…
Why free markets won’t produce healthcare for all
Free markets do not work in certain markets, especially those where parties to the transaction have different information (‘asymmetric information’, as it’s called in economics). Health insurance markets are a […]
The French are right on this one..
As the saying goes, you are what you eat…
A peep into the rather singular mind of Nuriel Roubini
As an economist, his methods are rather unique, generalist, and diverse, but that profession could do with a few more Roubini’s, rather than the scorn of some of his more […]
Meet Harry the hypocritical hedge fund manager…
Those former masters of the universe have a hard time waking up to a different world…
Tax Revolt!
Having a European background, we’re somewhat bemused by the apocalyptic terms the tax debate is often expressed in in the US. Any increase in Federal taxing and spending is met […]
Phill Gramm still doesn’t get it, at all..
Guess who wrote this: “I don’t see why conservatives ought to defend a system that permits securitizing mortgages (or car loans) in a way that seems to make the lenders […]
Laffer Curves Not Seductive
When you’re name is attached to an idea, it’s hard to change track. In fact, the incentives are such (especially if you have no other interesting idea anymore) to get […]
Tampering with the self-cleansing capitalist process should be kept to a minimum
We want to preserve capitalism, not socialize risk. Politics should desist from bailing out other sectors. The financial system is the exception, it should not become the rule. Destruction is […]
Joe the plummer
We wrote a piece in praise of Krugman’s columns earlier today, if you want a real example of his effectiveness, marshalling a few simple economic statistics to dispel much nonsense […]