Tweet [1]
Juan Carlos Hidalgo looks at French “austerity [3].”
Marian Tupy looks [4] at the Mayans Club of Rome’s latest end-of-the-world prediction. (And I – here [5], and here [6] – discuss different aspects of capitalism, politics, and the environment.)
Here’s a short video of the great Johan Norberg on Europe’s woes [7].
Bob Higgs explains why [8] “In politics and government, however, the institutional makeup fosters hatred at every turn.”
Raghuram Ragan has an uneven, but ultimately worthwhile, essay in the May/June 2012 issue of [9]Foreign Affairs [9]. I agree, for example, with the following line (although I’d delete the word “equally”): “In fact, today’s economic troubles are not simply the result of inadequate demand but the result, equally, of a distorted supply side.” Shortfalls in demand, in my estimation, are more the consequence, rather than the cause, of the problem. John Cochrane – from whom I learned of Ragan’s essay – discusses it in detail [10].