unpaid thoughts on the dismal science

Friday, June 14, 2002  
"The World's Poor Lose a Friend" is another obit on Lord Bauer.
12:17 PM

Thursday, June 13, 2002  
Krugman's latest, "Plutocracy and Politics", is up. Comments tomorrow.
11:10 PM

How bad is it? This Fortune magazine story says it's pretty bad:
According to a Pew Forum survey conducted in late March, Americans now think more highly of Washington politicians than they do of business executives.
The article recommends a bunch of reforms as well.

Spotted via Semi-Daily Journal.
7:31 PM

"File sharing: Innocent until proven guilty" is a good interview with economist Stan Liebowitz about whether piracy is really hurting the music industry or not.
7:00 AM

Tuesday, June 11, 2002  
Good news: World poverty is down and so is income inequality. I'm sure liberals everywhere are celebrating.

Spotted via Instapundit.com.
11:57 AM

"The Rove Doctrine", Krugman's latest column, is up. PK is on the mark when he criticizes the miserable support the current administration has given to free trade. Bush's support for protectionism has been one of the biggest disappointments for me since he took office (that and the incessant war-mongering, of course). Amazingly, Krugman finds those talentless hacks at the "ultra-conservative" Cato Institute to be of some use after all. That is, whenever they're bashing the Bushies:
As analysts at the Cato Institute point out, the Bush-Cheney energy plan may have been conservative in the sense that it was anti-environmentalist, but otherwise it was stuffed full of things free-marketeers are supposed to abhor: expanded government power to seize private land (for transmission lines), large tax incentives for energy sources that don't pay their way at market prices (nuclear power in particular). The energy plan wasn't about principles; it was about payback.
Sadly, the Cato-ites are right about that awful energy plan.

It's tough to stick up for Dubya when he seems to be so eager to cater to special interests. The GOP is getting so bad, even unions are looking favorably at them! Yikes!
6:16 AM

Monday, June 10, 2002  
Max Sawicky responds to my earlier post about his exchange with Shark blog. It looks like Max is going to be a tough nut to crack, but I'll leave it as an exercise for the reader to determine which one of us has dealt a devastating blow to the other.
5:10 PM

Sunday, June 09, 2002  
David Warsh's latest column is up. "A Problem Solved" is a favorable review of The Big Problem of Small Change, by Thomas J. Sargent & Francois R. Velde.
9:46 PM