Currently viewing the tag: "consumer"

"Extend And Pretend"

On August 31, 2010 By

I lost the source of this quote, but thought it captured the sentiment correctly:

The government has been playing “extend-and-pretend” based entirely on the idea that pent up demand in consumers would grow until it busted out and the recovery [...]
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This bit of ridiculously regressive Luddism was posted on a left leaning blog. It touts “A Solidarity Economy”. Which is a nice name for voluntary organizations that circumvent the pricing system. Yet another example of enduring marxist silliness.

There is [...]
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I’ve been asked quite a few times what I mean by “calculation.” My editor, among others, has stated that I’m not clear. So I’m going to try to put this in context.

CALCULATION
The English word derives from the [...]
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Capitalism 3.0

http://economistsview.typepad.com/economistsview/2009/02/capitalism-30.html

Over on the Economist’s View there are a whole series of comments that negatively reflect on capitalism. This is my response.

All,

I am amazed reading these comments. What is it about this blog that [...]
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NOTE: From a related post-Keynesian web site Thoughts On Economics:

“RE: …giving Soros too much credit.”

Well, Soros is just more populist than academic.

There are (as we can see from the postings here) people exploring this problem [...]
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An awful lot of talk, debate, argument, and out-and-out violence over methods of governance tends to occur because people talk past each other, and it’s usually because they are each making assumptions about the properties of government that aren’t true. [...]
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You know, we argue about good and bad intentions all the time, from the left and from the right. We argue about technical or historical methods all the time. Everyone presses his little agenda.

The “corporeal error” in that ‘there [...]
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In response to Michael Mandel’s article for Business Week.

Is Social Security a Ponzi Scheme? Response to Comments

I’ve read through all the comments on my previous post, and I wanted to see if I could respond [...]
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The purpose of life, of philosophy. Men have pondered this forever. Since writing and civilization began. The oral traditions tell us stories. But only philosophers and prophets attempt to solve the purpose of life, rather than distribute advice in the [...]
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Bryan Caplan wrote a piece on war and peace that needed a little criticism. What I wrote in response needs a bit of work (it needs a longer treatment that is better structured) but there are some gems [...]
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