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Daily Archive for December 14th, 2011

One of the important debates in macroeconomics is whether micro-foundations matter. For example, people like me argue that it makes no sense to talk of “GDP” as a single good with all units alike, and it certainly makes less sense to talk of “their” price. I know why we “have” to have these discussions, but […]

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Holiday Shopping

NOTICE: I am neither paid now nor have ever been paid by PERC. I will note that I have paid people from PERC to do events for me in my old job and that former PERC employees have invited me to other events (sometimes for pay) in their new organizations. If you’re looking for an […]

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Sicko Indeed

Michael Moore should be paid more and is exploited. I mean it. He has produced a number of misleadingly anti-capitalist documentaries that have become educational darlings. I cannot get my mind around that these are commonly used “educational” tools in high school much less college. But given that he is so popular and that so […]

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