Homines libenter quod volunt credunt
Posted in Fun Facts on Apr 20th, 2010
Which candidate, McCain or Obama, received more campaign money from Pfizer, Exxon and Goldman Sachs? Well, you know the answer. That doesn’t mean one is “better” or “worse” than the other. The point is intended to shake folks from this absurd notion that somehow the political left is not the entrenched corporatist entity that the […]
Posted in Economics Problems, Economists on Apr 20th, 2010
Parts of this piece from Nobel Laureate Paul Krugman accurately capture some of the difficulties facing policymakers as they think about bank “re”regulation. Here is an example: A second version of reform calls for a full recreation of the Quiet Period banking system. We’ll reinstate Glass-Steagall, protect the depository institutions, and let the investment banks […]
Posted in Price System on Apr 20th, 2010
Mark Perry channels Gary Becker. As the recent all-male coal mining deaths in West Virginia illustrate, a disproportionate number of men work in higher-risk occupations that are typically compensated with higher pay like coal mining (almost 100% male), fire fighters (96.6% male), police officers (84.5% male), correctional officers (73.1% male), and construction (97.4% male), BLS […]
