Ayn Rand/Objectivism Sightings
Free Radical Updates
Local Club Meeting Plans
News & Interesting Links
[Obama] probably shouldn't be calling for what I would want, because the public should want what I want, but it doesn't.
What’s extraordinary about all this is that stimulus can’t have failed, because it never happened. Once you take state and local cutbacks into account, there was no surge of government spending.
"Economics is Not a Morality Play" from the oxymoronically named column "The Conscience of a Liberal"
“What saved the economy and the New Deal [during the Great Depression] was the enormous public-works project known as World War II, which finally provided a fiscal stimulus adequate to the economy’s needs.”
"While Friedman’s theoretical work is universally admired by professional economists, there’s much more ambivalence about his policy pronouncements and especially his popularizing. And it must be said that there were some serious questions about his intellectual honesty when he was speaking to the mass public."
Reason.com, article about Krugman, threaded comments starting at 11:51pm on 5.7.10