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Some Links

Tweet [1]

Bryan Caplan tonight in New York City debates, for Intelligence Squared, the proposition “Let anyone take a job anywhere.”  It’ll be live-streamed.  Bryan, being a first-rate economist and humanitarian, will defend this proposition [2].  (See here [3].)

Even the polite and non-ideological (by blogsophere standards) Greg Mankiw has a (justifiably so) harsh assessment of the Obama administration’s failure to admit that Obamacare does force many-a Jane and John Doe to abandon his and her preferred health-care plans [4].

And my Mercatus Center colleague Veronique de Rugy on the same [5].

Speaking of Greg Mankiw, he points us to this assessment of the ‘promise’ of Obamacare by Martin Feldstein [6].

GMU Econ PhD candidate David Hebert explains that good economics teaches, not greed, but the benefits of cooperation and the limits of politics [7].

The great Bruce Yandle writes wisely on the knowledge problem [8].

EconLog guest blogger Bart Wilson discusses competition policy [9].  Here’s Bart’s closing paragraph:

The bulk of current horizontal merger enforcement is built upon the premise that there is some stationary state of pre- and post-merger competition with a concomitant price. Prices and competition, however, are not ends; they are means, dynamic means for discovering which goods will best serve which customers who each have their own particular circumstances and tastes. Even though firms may discover post-merger that we are willing and able to voluntarily pay more, the important long run rules governing their conduct remain constant: honesty, candor, and ingenuousness. The everyday rules of the game of life that far pre-date the modern market economy still apply. Fairness isn’t an end in markets. Fairness is the very means by which markets work.