Journalist.
Not much original content in this post, but some thins I found to be intellectually advantageous. Deflation, as it is commonly understood, is a confusing concept. The majority of economic thinking presumes it to be universally negative and encourages government action to avert deflation at all costs. However, some economists have noted two distinct forms …
Continue reading “Deflation, Rothbard’s critique of Friedman”
Currently reading: The State by Franz Oppenheimer Tradition and Revolt by Robert Nisbet The Ethics of Redistribution by Bertrand de Jouvenel The Crack-Up by F. Scott Fitzgerald Currently listening to: Public Opinion for Libertarians, a lecture by Bryan Caplan EconTalk interview by Russ Roberts with Milton Friedman from September 2006 Currently watching: Learn Liberty videos …
Art Carden has a fantastic blog on Forbes from last September that I missed until today discussing the false equivalence of “free market” with “pro-business.” The entire article is worth reading, but the essence is in Carden’s quotation from The Rational Optimist by Matt Ridley: I hold no brief for large corporations, whose inefficiencies, complacencies, …