Sunday, March 4, 2012

Points of Public Interest

  1. In America, the shale gas revolution is creating jobs and growth. It can here too - Matt Ridley explains the importance of cheap energy in creating jobs.
  2. Free Trade Ad Nauseam - Jagdish Bhagwati makes the case against increasing protectionism.
  3. Why bother with microfoundations? - Noah Smith reasons that micro-founded models may only occasionally be better than aggregate-only models. This offers some good background on the potential misuse of current models for determining public policy.
  4. Corruption and Politics - The motivation behind crony capitalism stemming from a highly centralized government.
  5. JKH On Saving And Sector Balances (WONKISH) - MMR continues to illuminate flaws within the prescriptive portion of MMT, based on slight adjustments in meaning. Read the comments on the site to see much of the new insights being hashed out.
  6. Warren Buffett: Baptist and Bootlegger - One of the all-time great investors has been as savvy in political calculation/courtship as he has been in picking stocks.
  7. He Had Moves Like Jagger - Steve Horwitz praises the economic rhetoric of Frederic Bastiat.

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