Archive for April 19th, 2011

The War Was About Oil, After All »

At least in part. In the run-up to the Iraq war, many protesters brandished signs declaring, “No War for Oil!” The response from those pushing for the war was typically that this was a childish and silly admonition. And of course, the precise economic reasoning involved in much of this dissent was indeed faulty:...
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Budget Cut Not as Historically Significant as Claimed »

Apropos of Robert Higgs’s recent Beacon post, “Truth and Freedom in Economic Analysis and Economic Policy Making,” my post ties in to his discussion of factual errors and interpretive errors in economic policy. Since those two terms were not presented as jointly exhaustive, let’s note an additional, often complementary type of falsehood, one identified...
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Atlas Shrugged; Obama Stands Firm »

I saw the move Atlas Shrugged this week-end. It has received mixed reviews, but I enjoyed it. I like the book, and seem to have that in common with others who like the movie. I’m not sure how the movie would come across to someone who hasn’t read the book. Meanwhile, President Obama has...
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Truth and Freedom in Economic Analysis and Economic Policy Making »

For thousands of years, philosophers have told us that if we are to live our lives at their best, we should seek truth, beauty, and goodness. Of course, each of these qualities has raised thorny issues and provoked ongoing arguments. That people have carried on such arguments, rather than surrendering themselves to their raw...
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