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Posture or Policy?

The media seems to be abuzz with the new and revitalized Obama. He is everywhere proposing all sorts of policies that are bright and shiny. More to the point they have a distinctly liberal sheen. Take his proposed tax changes: raise taxes via a numbers of small changes to the tax code on the rich, […]

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Zero Shocker

What with the World Economic Forum folks wading in on inequality ahead of the annual Davos shindig for the great and beautiful, here’s what Oxfam has to say: “Global wealth is increasingly being concentrated in the hands of a small wealthy elite … These wealthy individuals have generated and sustained their vast riches through their […]

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Economics Is What?

This week’s Economist magazine includes an article designed to uplift the hearts of depressed economists everywhere. It devotes a whole page under the headline “Meet the market shapers”, to a catalog of what it regards as cutting edge examples of economists doing useful stuff at the ‘micro’ level. By micro in these cases the Economist means […]

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