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Daily Archive for October 29th, 2012

[Editor's Note: This is an update of the original post] Today starts a new series: we're exploring what policies a reasonable person in a pluralistic society would advocate.  This is coming from the perspective of a Hayekian fan of spontaneous order who tolerates and understands the Rawlsian desire for transfers to attempt to smooth, within […]

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I wonder if the planners in America are going to take credit for this awesomeness (and I mean it!): Measures of real consumption based upon the ownership of durable goods, the quality of housing, the health and mortality of children, the education of youth and the allocation of female time in the household indicate that […]

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My colleague Robert Novy-Marx over at our Simon School has a working paper released today: The Revenue Demands of Public Employee Pension Promises by Robert Novy-Marx, Joshua D. Rauh Abstract: We calculate increases in contributions required to achieve full funding of state and local pension systems in the U.S. over 30 years. Without policy changes, […]

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A canard of the uninformed left is that capitalism leads to monopoly – which of course requires either the elimination of capitalism or the heavily regulation of it by … a … monopoly with guns. And never mind the actual history of anti-trust, which originates in the “Progressive” movement and is now manifest in the […]

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