By Jonathan Bean | Saturday August 7, 2010 at 7:56 PM PST | 3 Comments
Apparently, the “Brains Trust” really is stupid if it doesn’t understand “Government and the Uncertainty Trap,” year after recessionary year. For years, economist and historian Robert Higgs emphasized (and measured) “regime uncertainty” as a cause of the Great Duration—i.e., why the Great Depression “lasted so long.” Higgs’ “delicious expression” is starting to enter the...
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Tags: Budget and Tax Policy, Business, CBS News, Declan McCullagh, Economics, Great Depression, Keynesian economics, Money and Banking, Obama, Presidential Power, Property Rights, recession, regime uncertainty, Robert Higgs, uncertainty trap, Washington Post
By Randall Holcombe | Thursday January 28, 2010 at 3:14 PM PST | 5 Comments
I’ve commented before on the explicitly liberal (in the contemporary sense of the word) turn that Newsweek magazine has recently taken. While I’ve always viewed the magazine as having a liberal bias, until recently it came across as liberal reporters attempting to present the facts. Now they’ve quit reporting the news (because it’s so...
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Tags: Citizens United v. Federal Election Commission, Civil Liberties, Elections, First Amendment, Integrity, Jonathan Alter, Law, liberal bias, Media, Newsweek, Politics, Regulation, Stuart Taylor Jr., Supreme Court, Washington Post