unpaid thoughts on the dismal science

Friday, June 21, 2002  
I don't think Brad Delong intended to make an argument against the estate tax with a recent posting, but that's exactly how I interpreted the tidbits in "My Naivete Shown Up Once Again: Strategic Bequests and the Benefits of Keeping Firm Hold on Your Money as Long as Your Heart Beats".
10:02 PM

NERA, a firm of consulting economists, has published a paper entitled, "Enron's Strategies in California and the Benefits of Arbitrage", that looks at whether Enron's activities were at all responsible for California's energy crisis. The short answer: nope.

Found via Man Without Qualities.
9:30 PM

Thursday, June 20, 2002  
Krugman takes on Social Security privatization again in Friday's column, "Fear of All Sums". Krugman is correct, of course, that privatization advocates are fudging their numbers. I used to think that transitioning to personal accounts was a good idea. Now I just think we should repeal Social Security, period, and replace it with nothing.
10:37 PM

In "Socialism as the Solution", Arnold Kling proposes to turn control over baseball to local governments in order to prevent innovative changes.
12:10 PM

Wednesday, June 19, 2002  
In "Burn the Rich", Ron Bailey discusses some recent experiments on envy by two British economists, Daniel Zizzo of Oxford University and Andrew Oswald of Warwick University.
6:57 AM

Walter Williams sings the praises of the free market in "Does it count?"
6:12 AM

Tuesday, June 18, 2002  
"Politicians on Drugs" is Paul Krugman's latest column, this time on competing prescription drug benefit plans being offered by the Democrats and Republicans. Exercise for students: before clicking on the link and reading the article, try to guess which plan Krugman likes better.
11:31 AM

Sasha Volokh has an extended post on economic historian John Nye over at The Volokh Conspiracy.
11:29 AM

Monday, June 17, 2002  
Econoblog says, "Nouriel Roubini's Global Macroeconomic and Financial Policy Site is one of the best portals for economic info. I've seen."
8:01 PM

Economist John R. Lott Jr., writes about recent calls by Jewish leaders for more assertive self-defense in "Armed citizens can defuse terrorist threat".
7:52 PM

Nobel Prize-winning economist Amartya Sen extolls the benefits of democracy and trade in "Why Half the Planet is Hungry".
7:46 PM