A long, long time ago . . . I can still remember, Mainstream theory used to make me smile. And I knew if I had my chance That I could make equations dance And, maybe, they’d be happy for a while. But Joseph Stiglitz made me shiver With every paper he’d deliver. Bad news…
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Over at the New York Times Robb Mandelbaum notes how the Small Business Administration has caved to political pressures and once again made the definition of “small” business so broad as to include virtually every firm in the economy. This was a key theme of two books I wrote in 1996 and 2001, including…
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On virtually all the major civil liberties issues of the Bush era, the Obama administration has followed its predecessor’s example. Detention without trial has continued. Torturers will not be investigated. Warrantless surveillance of the citizenry goes on uninterrupted. What’s more, by vindicating these policies as a left-liberal Democrat, Obama has solidified them in American…
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