This link has been bookmarked by 135 people . It was first bookmarked on 25 Jul 2006, by Andreas Papandreou.
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mnelson727_Tyler Cowan and Alex Taberrok blog site on which ongoing analysis of economic issues takes place. Supported by George Mason University.
George Mason University politics economics marginalrevolution blog GMU
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Perhaps people who are busy gushing over the Obama cult today might do well to stop and think about what it would mean for their granddaughters to live under sharia law.
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...Now, the main consequence of living the over-confident life is to believe that virtue is not necessary. Perhaps this is the main cause as well as consequence of that life. Virtue is a chancy quality because you may not have it or live up to it. It seems less reliable than self-interest with its allies, fear and greed. Everybody has self-interest, which is not true of virtue. But at least virtue does not depend on predicting the future. On the contrary, virtue is a resource for everyone when bad times come--something to fall back on, to give cheer, to restore. On top of that, virtue will save you from being corrupted by good fortune as well. This is the great truth taught by the Stoics.
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Government expenditure does increase monetary velocity in a way that boosts aggregate nominal demand. But these higher velocity effects may not last for more than a single round of spending, which is to say they won't last long at all.
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The second- and third-round stimulative effects of productive investments are much greater. Production begets further production through the complementarity of the capital structure and through its ability to create profitable, sustainable jobs.
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Somehow those old narratives are being forgotten, I wonder why
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It's a sort of finger in the dike approach with no clear vision, but maybe no one has a clear vision. And a finger in the dike is better than nothing. But it's not a great place to be.
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Someone who makes you an offer you can’t understand.
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Frida LeeSmall steps toward a much better world.
|Hemeroteca| Blogs|Indymedias |Humanidades| Logos|Polis Economics Politics Business Finance Culture Imported
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Matthias DauesThe joint blog of Tyler Cowen and Alex Tabarrok on political and economic topics.
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FDA Delay
Alex TabarrokLast year the Abigail Alliance
won a stunning decision from the DC Circuit Court of Appeals that dying patients have a due process right to access drugs once they have been through FDA approved safety trials. Here's a sad update from Kerry Howley writing in the Aug/Sept. issue of Reason Magazine (not yet online):After last year's ruling in the alliance's favor, the FDA argued that the group no longer had legal standing to sue it, since none of the patients who had signed the original affidavits were still members. They were all dead.
See FDAReview.org
for more on the FDA.
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The United States also spends money on customer comfort
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Page Comments
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