Monthly Archives: February 2013

Throwing Sand in the Wheels of the Market

According to a report from the New York Times, a financial transaction tax–which would impose a small tax (~o.o5%, maybe) on all trades on Wall Street–has been bandied about recently as a means of raising revenues and decreasing volatility in … Continue reading

Posted in Economics , Fiscal Policy | Tagged , | Leave a comment

Dr. Benjamin Carson at the National Prayer Breakfast


Posted in | Tagged , , | Leave a comment

I’m currently reading Terence Kealey’s absolutely fantastic The Economic Laws of Scientific Research. In Chapter 8, “Science Policies of the Twentieth Century,” Kealey walks through the history of scientific research in America, demonstrating that a large number of scientists at the time …

Posted in Economics | Tagged , , , |

As I start my background research for my column this week, I’ve found some analysis of the minimum wage that I like even more. Consider this from Don Boudreaux: The biggest problem I have with the standard analysis of the …

Posted in Economics | Tagged , |

First, from Paul Krugman’s column today:  Republicans engaged in unprecedented hostage-taking, threatening to push America into default by refusing to raise the debt ceiling unless President Obama agreed to a grand bargain on their terms. Mr. Obama, alas, didn’t stand …

Posted in |

Paul Krugman posts that it’s silly to hold Switzerland up as a paragon of the free market in health care, since (a) elements of the Swiss health industry mimic Obamacare, and (b) Switzerland has the second highest health care cost …

Posted in Economics , Healthcare | Tagged , , |

One has to wonder if, given President Obama’s advocacy of universal pre-K education, our pre-K drop out rates will also start to reach 40%. Tweet

Posted in Economics | Tagged , , , , , |

Peter C. Earle provides a fantastic analysis of poker’s surge in popularity over the 2000s, showing that it tracks closely with the boom-and-bust cycle of the same era. The 2003 to 2007 poker boom is deftly explained by application of …

Posted in Economics , Monetary Policy | Tagged , , , |

President Obama is upset about next week’s sequester, and he’s tired of beating around the bush: “These cuts are not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of Americans to the …

Posted in Economics | Tagged , |

My article in this week’s Chronicle, about the misconception that Herbert Hoover was a free market ideologue whose laissez-faire policies led us into and worsened the Great Depression. Nothing could be further from the truth! Tweet

Posted in Economics | Tagged , , , , , , |