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Some Links

Posted By Don Boudreaux On October 15, 2012 @ 5:20 pm In Crime,Economics,Taxes,Trade | Comments Disabled

America’s uncontrolled addiction to fighting a war on drugs war on peaceful people who choose to ingest various substances that don’t meet government approval continues to cause innocent people – including children – to die [1]….

but, oh my, look at the success of this “war” [2]!

Marty Mazorra uses his brilliant whiteboard to discuss off-shoring (or, as it’s popularly called, “outsourcing”) [3]. ¬†Mitt Romney and Barack Obama, as politicians, should look at this video and learn from it.

Stan Veuger explains that Pres. Obama raises taxes on small businesses [4].

Alex Tabarrok explains some of the work of the newest Nobel economists [5].

Jeff Jacoby is not impressed by the outpouring of praise for the recently departed Eric Hobsbawm [6].  Rightly so.

Garett Jones explains Ed Prescott’s careful reasoning that leads (in Garett’s words) to the following conclusion [7]:

If higher taxes are wasted, then a tax hike has a small, ambiguous effect on employment.
If higher taxes are spent wisely, then a tax hike causes a big fall in employment.
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[1] continues to cause innocent people – including children – to die: http://www.aei-ideas.org/2012/10/drug-enforcement-related-deaths-for-2012-reach-50-this-week-and-12-year-girl-was-burned-during-drug-raid-on-wrong-house/

[2] but, oh my, look at the success of this “war”: http://www.aei-ideas.org/2012/10/chart-of-the-day-americas-longest-war/

[3] Marty Mazorra uses his brilliant whiteboard to discuss off-shoring (or, as it’s popularly called, “outsourcing”): http://www.betweenthelines.us/pernicious-misconception/

[4] Stan Veuger explains that Pres. Obama raises taxes on small businesses: http://www.american.com/archive/2012/october/obamas-big-tax-increases-on-small-business

[5] Alex Tabarrok explains some of the work of the newest Nobel economists: http://marginalrevolution.com/marginalrevolution/2012/10/noble-matching.html

[6] Jeff Jacoby is not impressed by the outpouring of praise for the recently departed Eric Hobsbawm: http://www.jeffjacoby.com/12415/the-moral-giant-and-the-leftist-creep

[7] Garett Jones explains Ed Prescott’s careful reasoning that leads (in Garett’s words) to the following conclusion: http://econlog.econlib.org/archives/2012/10/prescott_hoisti.html

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