Independent Institute Senior Fellow Robert Higgs debates James Galbraith (Professor of Economics, University of Texas; son of infamous, “liberal”, Keynesian economist John Kenneth Galbraith) on Antiwar Radio regarding the folly of government bailouts for insolvent banks, creation of the Glass-Steagall Act as a means to prevent FDIC insured banks from taking excessive risks, benefits...
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The following column on George Orwell’s advice to free students from bad academic writing is worth reading: http://chronicle.com/article/Bad-WritingBad-Thinking/65031/?sid=ja&utm_source=ja&utm_medium=en In two decades of teaching, I have worked with exceptionally bright undergraduates. Once they enter graduate school, however, they conform to the “smelly little orthodoxies” of theory and the jargon-ridden writing of their discipline. I’ve always...
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