2010 March

Self Awareness

Brian Wesbury and Robert Stein have a post at Forbes.com about a recent inteview with Gary Becker in the Wall Street Journal. Here’s a link to the Becker interview if you want to read it. Becker is a free market guy and its an interesting interview. Wesbury and Stein’s article is basically a nothing; Becker .. read more

Well He Must Be Doing Something Right

President Obama’s new offshore drilling plan is taking flak from both sides of the aisle. He must be doing something right: WASHINGTON —President Obama’s proposal to open vast expanses of American coastlines to oil and natural gas drilling drew criticism from both sides in the drilling debate. The plan, which Mr. Obama said would balance .. read more

Stimulus?

Eminent economists on the “stimulus”: The term “shovel ready” seems to have disappeared from the language just as quickly as it arrived. The idea that greater public borrowing would leverage capital expenditures to put the U.S. back to full employment is now replaced by boasts that Washington has saved Albany, Springfield and Sacramento from laying-off .. read more

On March 29th, 2010, posted in: Economy by Tags: , , ,

Awakening the Giant

Arnold Kling on a date that will live in infamy: For many Americans, March 21, 2010, is a date that will live in infamy. Unlike Pearl Harbor or the September 11, 2001, attacks, which offended nearly all Americans, the health care legislation only angered a significant proportion of the population. However, those of us who .. read more

Housing Bubble?

This sounds like it could be from a few years ago in Miami: At first glance, it looks like a mini tent city. But the shivering occupants aren’t refugees from an earthquake or some other calamity, nor are they lovers of the outdoors jumping the gun on camping season. Instead, they’re braving the weather and .. read more

Russ Roberts on Healthcare Reform

Russ Roberts at Cafe Hayek on healthcare reform: The existing legislative promises of Medicare and Social Security are a train wreck that cannot be avoided without radical change. Expanding coverage just brings the train wreck closer. It’s a nice idea but it is unaffordable. We have taken a step closer to Greece. We have taken .. read more

Weekly Economic and Market Review

The economic data last week continued the slowly improving trend that has been evident for months now – or at least evident outside of housing. Stocks continued their recent slow motion rally, the dollar strengthened (or more accurately the euro weakened) and commodities were generally well behaved. Unfortunately the bond market wasn’t very cooperative with .. read more