Saturday , November 17 2018

Potpourri

Summary:
===> I push back against Paul Krugman’s ridicule of a Cato freedom ranking of the US states. ==> An interesting contrast between Austrian and (mainstream) macroeconomics, from Huerto de Soto. ==> I can’t remember if I mentioned this when it first came out, but FYI I helped write this pretty good–if I do say so–primer on free markets and prosperity for the Fraser Institute. ==> Gary Becker’s microeconomics exam from back in the day. ==> Glenn Greenwald bristled (as is his wont) at this New Yorker profile, but they quoted him extensively and I think he comes off like a bada$$. ==> Where I got the link for the above piece, was this Glenn Greenwald article in which he documents the lying liars at CNN. Incidentally, it’s because of stuff like this–where major US media

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===> I push back against Paul Krugman’s ridicule of a Cato freedom ranking of the US states.

==> An interesting contrast between Austrian and (mainstream) macroeconomics, from Huerto de Soto.

==> I can’t remember if I mentioned this when it first came out, but FYI I helped write this pretty good–if I do say so–primer on free markets and prosperity for the Fraser Institute.

==> Gary Becker’s microeconomics exam from back in the day.

==> Glenn Greenwald bristled (as is his wont) at this New Yorker profile, but they quoted him extensively and I think he comes off like a bada$$.

==> Where I got the link for the above piece, was this Glenn Greenwald article in which he documents the lying liars at CNN. Incidentally, it’s because of stuff like this–where major US media outlets have been caught making gross mistakes in their reporting of Trump, time and again–that I couldn’t believe Pierre Lemieux at EconLog recently wrote:

But conspiracy theorists ignore individual incentives.

They also ignore credible sources—such as the mainstream media whose reputations have monetary value. Indeed, credible sources (“the media”) are presented as part of the conspiracy. Here again, conspiracy theorists ignore incentives, such as the incentives of any journalist to win a Pulitzer Prize and of any media owner to make a big money coup. If anybody had been effective at a conspiracy, it would have been Richard Nixon.

It’s as if Lemieux had written, “What the critics of McDonald’s and Burger King fail to realize is that they have incentives to serve their customers healthy food.”

==> Rob Bradley goes after Paul Krugman’s climate paranoia.

==> Richard Ebeling doesn’t care about the lying media, he cares about lying interest rates.

Robert Murphy
Christian, Austrian economist, and libertarian theorist. Research Prof at Texas Tech and author of *Choice*. Paul Krugman's worst nightmare.

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