Category Archives: Regulatory Policy

Paul Krugman is Wrong

Paul Krugman took time off from his vacation last Friday to take a shot at a paper by Kevin Hassett, Glenn Hubbard, Greg Mankiw and John Taylor on the growth and employment impacts of Governor Romney’s economic program in comparison … Continue reading

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How Departures From Economic Freedom Can Affect Freedom In General

In a recent speech at Stanford (video here) former Wells Fargo Chairman and CEO Dick Kovacevich told the full story of how he was forced to take TARP funds even though Wells Fargo did not need or want the funds. The … Continue reading

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Talk about Economic Successes and Follies

Russ Robert’s latest EconTalk is about my new book First Principles. As with so many of Russ’s EconTalk interviews, he quickly gets to the heart of the matter and spends a good part of interview on the “naming names” sections … Continue reading

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Policy Failure and the Great Recession

 The debate about the causes of the financial crisis and the great recession will continue for many years, and the facts and analysis that Robert Hetzel put forth in his new book The Great Recession: Market Failure or Policy Failure? should now be … Continue reading

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State of the Union: From Ringside to the WSJ

I was at the State of the Union tonight. You cannot help but love the pomp and circumstance of the event, even if you do not agree with everything the President says. In this case, his opening lines on what we … Continue reading

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First Principles on the Business News Networks

Yesterday I spent the day visiting the TV studios of CNBC, Bloomberg Television, and the Fox Business Network to discuss my new book First Principles. Thanks to the news anchors the discussion—and debate—was interesting and lively. I started early, co-hosting … Continue reading

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American Economic Freedom: Moving in the Wrong Direction

Economic freedom in the United States continues to decline according to the latest Index of Economic Freedom (compiled by the Heritage Foundation) as reported today by Ed Feulner in the Wall Street Journal. This chart plots the Index from 2006 to 2012. … Continue reading

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Economic Freedom in the News

People are writing about economic freedom a lot these days. George Will’s recent Washington Post column Testing the Waters of Economic Liberty focusses on a big deviation from economic freedom in the State of Washington with implications for America. Jeb … Continue reading

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The Dangers of Misrepresenting Past Economic Debates

“What’s past is prologue,” says Future, the statue at the National Archives. But in macroeconomic policy—monetary and fiscal—the past is often misrepresented, and that unfortunately leads Future astray.  A common misrepresention these days pertains to past views of economists about monetary … Continue reading

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So Much For People To Learn About Medicare Reform

There is so much more for people to learn about the various Medicare proposals out there. Many people I talked to were surprised to learn that both the Ryan and the Obama Medicare proposals reduce the growth of federal outlays … Continue reading

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