EconoSpeak
Monday, February 28, 2011

David Brooks - Misinformed Cheerleading for Mitch Daniels

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David Brooks hearts the governor of Indiana: Since 2004, the 49 other states in the nation increased their debt levels by an average of 40 ...

What Krugman Did Not Say At The Easterns

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The Eastern Economic Association held its annual meeting in New York this past weekend, and on Friday Paul Krugman delivered the presidentia...
7 comments:

merit pay

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One of the knocks on collective bargaining is that employers should be able to pay people what they are worth. An interesting example of th...
3 comments:
Sunday, February 27, 2011

Along the Libyan Coast, the World is Anything but Flat

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In case you were wondering whether globalization had erased the division between the colonizer and the colonized, you can relax: the old ord...

Are Bosses Always Right?

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Disagreements over the role of unions usually come down to this: do you believe that managers normally make the right decisions over how to ...
Thursday, February 24, 2011

The Two Worlds of Trade

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There are two longstanding narratives in economics about trade. 1. Trade is about comparative advantage. Two people or communities that spe...
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Winners & Losers from Free Trade: the Boxer, the Economist & the Hot Girlfriend

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Kash Mansori has resumed his economist blogging – something that makes all economist bloggers better off. Welcome back and thanks for makin...
5 comments:
Wednesday, February 23, 2011

The Most Dangerous Union in the World

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Several commentators have remarked about the sudden outbreak of class struggle in the United States. I see the brutal behavior of the state...
9 comments:

A Business in Decline?

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With the end of unions, what can we do to help those good people who provide strike breakers? http://www.modernindustrialservices.com/
Tuesday, February 22, 2011

Are Teachers Overpaid In The US?

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An ongoing meme of those supporting Governor Walker's efforts to crush public unions in Wisconsin is the repeated claims that public wor...
7 comments:
Sunday, February 20, 2011

Value of a Statistical Life

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Peter mentioned that he wrote a book on the value of a statistical life. I wrote about the subject in two books, neither of which were excl...
Thursday, February 17, 2011

Ground Zero For American Labor: Madison, Wisconsin

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I am watching the Ed Show, which is coming out of my hold hometown of Madison, Wisconsin. Big crowds are at the Capitol Square. Not sure h...
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Back in the News: The Embarrassment Known as the Value of a Statistical Life

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Some economic ideas thrive only in the darkness: they are simply too weird and half-baked to withstand public scrutiny. Perhaps no concept ...
9 comments:
Wednesday, February 16, 2011

What Social Security Deficit?

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A lot of folks are giving our President credit for this : Now, you talked about Social Security, Medicare and Medicaid. The truth is Social...
5 comments:
Tuesday, February 15, 2011

Why Does Boehner Not Care About Unemployment: We’re Broke or Just Stupid?

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Ed O’Keefe gets the facts right. Federal employment in 2010 was 2.65 million as compared to 2.63 million in 2002. As he notes, Federal em...
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