Is America becoming more like China under President Obama? Or should we be upset that it isn’t? We’ll talk about the President’s jarring diplomatic trip to Asia and how the markets responded to Ben Bernanke’s New York speech on today’s Coffee and Markets.
Tag Archives: Economics
Elinor Ostrom And Oliver Williamsom: Nobel Prizewinners In Economics
An excellent choice, and one that takes the bad taste left by the awarding of the Peace Prize out of one’s mouth. I note that Paul Krugman’s reaction, while properly laudatory, does not reveal the fact that Ostrom’s work is in many ways, antithetical to Krugman’s views on the role of government.
Ethics and Economics: The Morality of Innovation
On Edmund Phelps: “When the word morality comes up in connection with economics, income distribution and financial stability are usually the issues. Is it moral for rich countries to use such a high proportion of the world’s resources or for investment bankers to earn large bonuses? And is it moral for financial markets to experiment with volatile derivatives that increase the potential for panics?”
Rose Friedman, RIP
A terrible loss. Rose and Milton Friedman did so much to better the human condition. Would that there were more like them, but it may well be that the mold was broken once they were given life.
Quote Of The Day: Thomas Sowell Edition
“I think in the U.S. and in most of the world the public understanding of economics is abysmal. But it’s one thing not to understand something. I don’t understand brain surgery. It’s another to want to form policies on things on which you are ignorant.”
- March 20, 2010 -
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ELSEWHERE ON TNL
DAILY READS
- As Sparks Fly, Democrats Close in On 216 for Health Care
- Stupak Abortion Language to be Added as “Tie Bar” to House Bill
- Bush, Obama, and the Intellectuals
- Health Bill Has Democrats Scrambling to Find More Votes
- Conan and Fox in Talks for Late Night Return
- Take Your Hands Off My Pork
- The Final Eleven
- Health Care: The Anti-Jobs Bill?
- Dodd’s Financial Rules Package Would Result in More Fed Muscle
- Credit Agency Warns U.S. and Others of Risk to Top Rating
MARKETS & POLICY
- Google Abandons the China Market
- Paul Krugman, Shadow Treasury Secretary, Misreads China
- Krugman’s War on China
- Following the Money on the Deficit
- Lesson From Moody’s: Rewrite the Social Contract
- Justice and the Prosecution of Lehman Execs
- Coffee and Markets: Financial Regulation and Obamacare
- Healthcare Reform: the Arithmetic Doesn’t Work
- Watch for an upside surprise on Treasury notes today (Updated)
- Destroy the City to Save It
The WHIP
- Eleventh Hour Negotiations on Health Care
- Lest It Should Unman Me
- Obamacare’s End
- HCR Roundup: Slaughter Strategy Fallout
- How Obamacare Will Reshape the Workforce
- Endgame: Pelosi’s Health Care Gamble
- David Brooks Applies For a Job
- Obamacare’s Two Americas
- How Do You Whip Nonexistent Legislation?
- Cheney in Exile
HEGEMON
- Obama’s Israel Crisis
- Borderland: The Failure of the Virtual Fence
- Biden in Israel
- Love and Respect
- Putinjugend Website Publishes North Korean Anti-American Propaganda Paintings
- Three Reasonable Questions on Climate Change
- Fisking Foreign Policy’s Guide to Climate Skeptics
- Brennan gets it wrong at NYU
- Iran’s Big Punch – A Nuclear Test?
- The moral bankruptcy of Amnesty International
CHEQUER BOARD
- Bart Stupak’s Moment Of Truth
- From Paul Ryan’s Mailbag
- Barbara Boxer Is In Trouble
- Scoring The Health Care Bill
- Could “Deem And Pass” Be Constitutionally Challenged?
- Tea Leaves
- What The Obama Administration Doesn’t Understand About The Middle East
- If Joe Biden Didn’t Exist, We Would Have To Invent Him
- Quote Of The Day
- Israeli Politics Made Simple
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