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Larry Summers Claims Japanese Earthquake/Tsunami Disaster Will Boost Economy
 
Tag: Cash for Clunkers
Larry Summers Claims Japanese Earthquake/Tsunami Disaster Will Boost Economy

Predictably, within days of the unmitigated disaster and massive loss of life (10,000 and counting) in Japan from the record 8.9-magnitude earthquake and tsunami, a major Keynesian economist has gone on the record in defending the “broken window fallacy” in economics by claiming that the Japanese disaster will actually boost economic growth. The economist...
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Dave Barry’s Review of the Year 2009

Syndicated columnist and bestselling author Dave Barry’s provides an incisive and hilarious, month-by-month review of the year 2009, “Dave Barry’s year in review: 2009.” As he begins: It was a year of Hope—at first in the sense of “I feel hopeful!” and later in the sense of “I hope this year ends soon!” It...
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Cash for Clunkers, Obamacare, and Sustainability

Sustainability is a compelling concept these days, although it always seems to be applied to people’s private choices. Meanwhile, everybody knows the federal government has committed to an unsustainable flow of future expenditures. The promises the federal government already has made for Social Security and health care cannot possibly be met. If our legislators...
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