Arnold Kling ’s new book, Learning Economics , is a treasure-chest of deep and relevant economic insights. It’s also wonderfully clear. This news is no surprise to regular readers of his blog, Econlog . (Many of these essays were first published at Tech Central Station . I join Arnold in thanking TCS’s Nick Schulz for encouraging Arnold to write for popular audiences.)
And even when I disagree with him – Arnold’s more Keynesian than I am – I find his arguments reasonable and strong.
Here’s my favorite passage:
The fundamental problem is that we believe that health insurance is something that only should be received as a gift — never obtained for oneself. Thus, we immediately assume that when a family does not have health insurance, they are to be pitied for not having received the gift, rather than being blamed for not having taken responsibility.