Category: Op Ed

Comparing Natural and Man-Made Disasters

November 17th, 2013
in Op Ed, syndication

Written by John Lounsbury John Cassidy recently wrote a piece in The New Yorker in which he argued that the Obamacare roll-out mess was no Hurricane Katrina for President Obama. But after going through six reasons why he makes his claim, Cassidy is lef… more »

Some Unpleasant Monetary Arithmetic

November 17th, 2013
in Op Ed

Sargent and Wallace in their seminal 1981 paper Some Unpleasant Monetarist Arithmetic describe a monetary system which is very different from what we see today. more »

Thomas Sargent on Sovereign Debt

November 16th, 2013
in Op Ed

I have been at Humboldt Universität Berlin recently, attending a talk by André Orléan. The talk did strike me as quite circuitist, which is no surprise. Orléan has been quite a heterodox economist, among other things attacking the efficient market hypothesis, as theotherschoolofeconomics shows: more »

Monsanto’s Friends in High Places

November 14th, 2013
in Op Ed

The following is adapted from Hunter Lewis's new book Crony Capitalism in America, now available in the Mises Store.Many companies hope to send an employee into a government agency to influence regulation. How much better if the employee can actually shape government regulation to promote and sell a specific product! Monsanto seems to have accomplished this - and much more. more »

What If China Dumps US Treasury Bonds?

November 14th, 2013
in Op Ed

Our deficit hysterians love to raise the specter of China. Supposedly Uncle Sam is at the mercy of the Chinese, who have a stranglehold on the supply of dollars necessary to keep the US government above water. more »

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