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    Economics / economic theory, Hayek, Milton Friedman /

    Market Reflex

    April 28, 2016

    There are a few thoughts or words in a normal economics discourse that trigger what I call my ‘market reflex’.  Asad Zaman just triggered it. Of course he didn’t mean to, and the sentence in question is in an article I agree with. Further, the sentence, on the surface, looks and sounds so innocuous. Here […]

    Economics, Uncategorized /

    American Amnesia?

    April 26, 2016

    That’s the title of a book I am looking forward to reading over the summer. It’s by Jacob Hacker and Paul Pierson, and I just read a summary essay they published called: “Making America Great Again – The Case for the Mixed Economy”. Let’s overlook the loaded content of the first part of the essay title, and focus, […]

    Economics /

    Hope 101?

    April 22, 2016

    A nice way to end the week: I overheard a conversation between two high school students this morning. The first person was asking about which classes the second was going to take next. One of those mentioned was microeconomics. “Oh, that’s easy” said the first, “You just have to remember that its all rubbish – […]

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