Archive for the ‘EconLog: Library of Economics and Liberty’ Category:

Your Public Education at Work

{ Posted on Mar 12 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 12, 2010 05:32 PM, by Arnold Kling) From an extremely interesting report by Adam Schaeffer: the Los Angeles metro area comes in third place for average real spending in our study.23 The average real per-pupil spending figure of $19,000 ...Read More »

Do Liberals Use Five Foundations After All? A Question About Questions for Jonathan Haidt

{ Posted on Mar 12 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 12, 2010 10:46 AM, by Bryan Caplan) Will's latest blogging on Jonathan Haidt's "five foundations" theory of morals inspires me to publicly ask Haidt a question that's been bugging me: How hard did you try to include items about ...Read More »

Liberals and Markets

{ Posted on Mar 12 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 12, 2010 09:43 AM, by Arnold Kling) Will Wilkinson writes, libertarians are liberals who like markets. This is a succinct way of suggesting that libertarians and liberals share similar personalities and outlooks. There is just an intellectual difference concerning ...Read More »

Cognitive Dissonance on Vehicle Safety

{ Posted on Mar 12 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 12, 2010 09:12 AM, by David Henderson) In this morning's Monterey Herald are two articles from the Associated Press, the first co-authored by Ken Thomas and Natasha Metzler and the second co-authored by Ken Thomas and Natasha Metzler. First ...Read More »

The Consumer Satisfaction Standard

{ Posted on Mar 12 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 12, 2010 12:24 AM, by Bryan Caplan) For the past few years, social scientists have been arguing over the One True Measure of consumer welfare.  Most economists still cling to the Demonstrated Preference Standard: If A buys X, then ...Read More »

Confusing Health Care and Health Insurance

{ Posted on Mar 11 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 11, 2010 12:52 PM, by David Henderson) President Obama Walks Into His Own Trap And the insurance companies continue to ration health care based on who's sick and who's healthy; on who can pay and who can't pay. The ...Read More »

Baseline Scenario: The Book

{ Posted on Mar 11 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 11, 2010 09:47 AM, by Arnold Kling) Simon Johnson and James Kwak call it 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. It is one of the most valuable contributions to the literature on the financial ...Read More »

Socrates Meets Deficit Neutrality

{ Posted on Mar 11 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 11, 2010 09:10 AM, by Bryan Caplan) Mankiw tries his hand at Socratic dialog.  It begins:Friend: I am going to take off a few days from work and fly down to Bermuda for a quick vacation.You: But isn't that ...Read More »

We Smell a Rat

{ Posted on Mar 11 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 11, 2010 05:40 AM, by David Henderson) Which group should the U.S. Food and Drug Administration care about more: humans or rats? That's not a trick question. The FDA's recent decision to reject the drug Horizant suggests that, at ...Read More »

Two Questions for Orszag

{ Posted on Mar 11 2010 by admin }
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Categories : EconLog: Library of Economics and Liberty
(March 11, 2010 12:00 AM, by Bryan Caplan) I've got two questions for Peter Orszag:1.  You claim that education and age differences explain the entire difference in average pay between federal employers and other workers.  Does "average pay" include benefits?  ...Read More »
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