Tuesday, July 21, 2009
Mo' Potpourri
* Hayek [sorry!!] Henry Hazlitt reviews Rothbard's Man, Economy, and State.
* Ben Bernanke's ghost writer(s) have an op ed in the Wall Street Journal today. (HT2EPJ) Pinky, are you thinking what I'm thinking?
* Bob Roddis has a Rothbard speech (in three parts) at his blog.
* We are now officially in Bizarro World. Conservatives are finally on the anti-Fed and anti-Wall-Street bandwagon, while Paul Krugman concludes: "[I]t’s crazy to cut off our future to spite Goldman Sachs’s face."
* Ben Bernanke's ghost writer(s) have an op ed in the Wall Street Journal today. (HT2EPJ) Pinky, are you thinking what I'm thinking?
* Bob Roddis has a Rothbard speech (in three parts) at his blog.
* We are now officially in Bizarro World. Conservatives are finally on the anti-Fed and anti-Wall-Street bandwagon, while Paul Krugman concludes: "[I]t’s crazy to cut off our future to spite Goldman Sachs’s face."
Comments:
Krugman the Austrian, part deux:
"The solution to climate change must rely to an important extent on market mechanisms — it’s too complex an issue to deal with using command-and-control."
In other words, using market mechanisms to command-and-control.
That's still quite an admission, that markets are more efficient than command-and-control. Plus we have his admission that the Fed can, at least, CAUSE a housing bubble, even he denies calling for one back in 2001.
"The solution to climate change must rely to an important extent on market mechanisms — it’s too complex an issue to deal with using command-and-control."
In other words, using market mechanisms to command-and-control.
That's still quite an admission, that markets are more efficient than command-and-control. Plus we have his admission that the Fed can, at least, CAUSE a housing bubble, even he denies calling for one back in 2001.
# posted by 
: July 21, 2009 at 2:53 PM
: July 21, 2009 at 2:53 PM
Black adder says in the post about Scott Sumner...."
imposing a 99% wealth tax on Bill Gates and using the money to feed starving kids in Africa."
I didn't realize that's money is what is being fed to the starving kids in Africa. That oughta have solved the starvation in Zimbabwe.
imposing a 99% wealth tax on Bill Gates and using the money to feed starving kids in Africa."
I didn't realize that's money is what is being fed to the starving kids in Africa. That oughta have solved the starvation in Zimbabwe.
# posted by : July 21, 2009 at 6:30 PM
: July 21, 2009 at 6:30 PM
I dont know how someone could mistake Hazlitt for Hayek although it would be great if you could. Can you imagine if Hayek had been as crisp a writer as Hazlitt? we'd have had this wrapped up by now.
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