Monthly Archives: October 2011

Stopping to Smell the Roses Creates Income Inequality

From Tyler Cowen, The funny thing is this: For years, many cultural critics in and of the United States have been telling us that Americans should behave more like threshold earners. We should be less harried, more interested in nurturing … Continue reading

Posted in Economical Musings | 15 Comments

Reason to Be Skeptical About Stimulus

From Valerie Ramey of the University of California, San Diego … finds a multiplier between .8 and 1.2. (A multiplier of 1 means that GDP goes up by the amount of spending–there is neither stimulus nor crowding out.) She … Continue reading

Posted in Economical Musings | 22 Comments

High Income Households Don’t Just Earn More, They Work More

From Mark Perry, here is an interesting graphic on what factors underlie household income inequality. It’s not just that higher income households have higher income earners, although that’s part of it, too. They also have more workers per household than … Continue reading

Posted in Economical Musings | 3 Comments

Awesomely Bad Herman Cain Ad

This is paid for by the Friends of Herman Cain. As the old saying goes, with friends like that…

Posted in Politics in General | 7 Comments

Occupy Wall Street, and Keep Occupying It

I’m not in sympathy with the OWS folks, but… Recently I saw on a blog someone more or less obliquely criticizing those who applauded the Citizens United decision that struck down limits on independent campaign spending and applaud the crackdowns … Continue reading

Posted in Laws-Damned Laws-and Statists | 18 Comments

Tunisian Elections

From Foreign Policy Magazine’s morning email briefing. On Sunday, millions of Tunisians cast votes for a 217-seat assembly that will re-write the constitution, appoint an interim government, and set dates for parliamentary and presidential elections. Yesterday’s vote is widely seen … Continue reading

Posted in Uncategorized | 1 Comment

Spontaneous Order

This is the type of thing that makes me believe a more libertarian society is possible, despite–or perhaps because of–how small the scale is. It’s also the type of thing that reveals my own professional hazard, seeing political lessons in … Continue reading

Posted in Analyzing Libertarianism | 10 Comments

Corrupting Students

Several years ago I had a student who wanted to do an independent study, and knowing he was very interested in political theory, I had him read some Hayek. He wasn’t that impressed. Today he happened to be in town … Continue reading

Posted in Teaching | 1 Comment

The Never-Wrong Method for Predicting Presidential Elections?

There’s been a little bit of attention given to a political science prof, Allan Lichtman, who’s correctly predicted each presidential election from 1984 through 2008. U.S. News called him the never-wrong pundit. So what’s his methodology?

Posted in Politics in General, Research Blogging | Tagged , , , | 3 Comments

Is Student Loan Debt Unfair?

Heard on NPR tonight, from an Occupy Wall Street protestor: It’s unfair that someone has to graduate from college with so much debt, and then not even have a job. I’m sympathetic. I dropped out of college, and with enough … Continue reading

Posted in Politics in General | Tagged , | 8 Comments