Comments on: Unemployment-Smoothing, Krugman, and Quackery http://cafehayek.com/2009/11/unemployment-smoothing-krugman-and-quackery.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: John Tedder http://cafehayek.com/2009/11/unemployment-smoothing-krugman-and-quackery.html/comment-page-1#comment-190808 John Tedder Wed, 18 Nov 2009 00:38:00 +0000 http://cafehayek.com/?p=7257#comment-190808 The point is to keep the money here in the United States rather than sending it to the middle east. The "we" is the same "we" that just bailed out the banks and criminals on wall street. The point is to keep the money here in the United States rather than sending it to the middle east. The “we” is the same “we” that just bailed out the banks and criminals on wall street.

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment-smoothing-krugman-and-quackery.html/comment-page-1#comment-190681 Anonymous Tue, 17 Nov 2009 13:36:00 +0000 http://cafehayek.com/?p=7257#comment-190681 Love the intimation of Krugman as a "quack." Can't stop laughing. I know it's not substantive laughter, but it sure feels good..... Love the intimation of Krugman as a “quack.” Can’t stop laughing. I know it’s not substantive laughter, but it sure feels good…..

]]> By: Mark http://cafehayek.com/2009/11/unemployment-smoothing-krugman-and-quackery.html/comment-page-1#comment-190642 Mark Tue, 17 Nov 2009 04:57:00 +0000 http://cafehayek.com/?p=7257#comment-190642 " Labels are just words" Astoundingly deep. ” Labels are just words”

Astoundingly deep.

]]> By: Mark http://cafehayek.com/2009/11/unemployment-smoothing-krugman-and-quackery.html/comment-page-1#comment-190641 Mark Tue, 17 Nov 2009 04:55:00 +0000 http://cafehayek.com/?p=7257#comment-190641 Every dollar "we" spend on drafty houses? Who is this "we"? Do you really want to spend federal taxes on fixing up houses? Every dollar “we” spend on drafty houses? Who is this “we”? Do you really want to spend federal taxes on fixing up houses?

]]> By: Anonymous http://cafehayek.com/2009/11/unemployment-smoothing-krugman-and-quackery.html/comment-page-1#comment-190630 Anonymous Tue, 17 Nov 2009 04:22:00 +0000 http://cafehayek.com/?p=7257#comment-190630 The main point of my post is that when you call for a government solution to a problem you are often invoking the very entity that caused much of the problem to begin with. How can you expect the government which puts so many impediments in the way of those who wish to create jobs to be effective or efficient in creating jobs. Don's point about Krugman is that he is calling for more impediments to hiring as a way to reduce unemployment. It makes no sense. If we want to lower unemployment we should start by reducing government interference. Reducing the forms, regulations, and taxes. When you say "We need to..." or "Why can't we spend..." you are calling for a collectivist, centrally planned solution that is doomed to failure or at least tremendous inefficiency. That is why I said you need to lose the "we." A great explanation of this is by Arnold Kling at: http://www.tcsdaily.com/article.aspx?id=101007A The main point of my post is that when you call for a government solution to a problem you are often invoking the very entity that caused much of the problem to begin with. How can you expect the government which puts so many impediments in the way of those who wish to create jobs to be effective or efficient in creating jobs.

Don’s point about Krugman is that he is calling for more impediments to hiring as a way to reduce unemployment. It makes no sense. If we want to lower unemployment we should start by reducing government interference. Reducing the forms, regulations, and taxes.

When you say “We need to…” or “Why can’t we spend…” you are calling for a collectivist, centrally planned solution that is doomed to failure or at least tremendous inefficiency. That is why I said you need to lose the “we.”

A great explanation of this is by Arnold Kling at:
http://www.tcsdaily.com/article.aspx?id=101007A

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