Update from the last post on the Supreme Court decisionThere is in fact a huge difference between a tax on people without...
New Paper
In my “real” academic life, I just finished a new paper, “Continuous-Time Linear Models,” find it here if you’re curious. ...
My 2 Cents on the Supreme Court and Obamacare
I think the court did the right thing. And pretty much what I expected.They overturned the mandate under the commerce clause....
Sand in the gears
Today’s Wall Street Journal has a beautifully informative editorial, “Employment, Italian Style.” Snippets:Once you hire...
McCloskey Wisdom
I recommend a gorgeous essay by Deirdre McCloskey, “Factual Free Market Fairness” (hat tip, Kyle N’s comment on Sunday’s...
Legal News
Two legal items in last week’s news caught my eye: The legal challenge to Dodd-Frank, and a challenge to Virginia’s “certificates...
Operation Un-Twist
This morning’s WSJ has a great piece by Todd Buchholz, titled “Washington Should Lock in Low Rates” This is in the context...
Bloomberg TV link
I did a Bloomberg TV interview this morning on Euro debt crisis. I can’t seem to insert the video here, so you’ll have to...
A glimmer of hope?
Weekend Update.On Monday the Greeks decide whether to vote for the Easter Bunny or Santa Claus to solve their fiscal problems....
Euro explosion
The European bank run is on, and with it the slow-motion train wreck will move to high speed.The Wall Street Journal...
Taylor's "First Principles"
I recently read John Taylor’s “First Principles” This is a really good book in many ways.It’s very accessibly written. I...
Crony Capitalism
Luigi Zingales has a nice Wall Street Journal oped today, decrying how crony capitalism has ruined Italy and is on its way...
I almost agree with Summers
Larry Summers has an interesting pair of Opeds in the Washington Post and on Reuters. By picking and choosing just a bit,...
Economist's Haiku for Europe
A lovely letter to the Economist says it all. Sir: Leaving the euro zone is no option for Greece (“Fiddling while...
Good news from Europe
This morning’s Wall Street Journal article on renewed bank competition in Europe is one little bright spot. Apparently,...
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