Archive for September, 2011

Why I'm Harping On Karl Smith
There are only two people who make rational arguments on the 'left'. They're you and Krugman. We all know he's a political shill. I'm in the camp that says you're a moral man, and just missing the point of it all. But if you don't understand the disas…
Debating Means Of Stimulus – Tradeoffs Between Goods And Bads
Karl Smith (correctly) suggests that we could make drastic tax cuts to fund stimulus, and borrow the money cheaply. I think he misses the point of the entire political debate going on in the country today (people don't trust the government at all, and wi…
Karl Smith Says The Boom Wasnt All That Big, But The Bust Has Been Huge
Karl Smith wants us to push money into the economy through redistribution. That's his hammer and everything looks like a nail. In today's posting, he finds another nail: This is a theme I talk about it a lot so I can go into it more but the boom in hous…
Karl Smith Says He's Wearing A Label He Didn't Ask For
Karl Smith at Modeled Behavior says. Doing the rounds on Mises circuit I am usually identified as a liberal or a person from the left. I don’t really much care so I take that ID. Karl. ??? Why is that important (other than by engaging the Misesia…
If You Can't Grasp The Status Signal Economy Then You Have No Place Commenting On Macro
From Will Wilkinson by way of NEWMARK'S DOOR. Behavioral econ offers policymakers an added dimension of evasion. A government can make a big hullabaloo of caring about energy consumption and climate change by sending folks mail detailing in vivid color t…