December 31, 2009
For some time now, the Wall Street Journal has been running a series entitled "USA Inc.", wherein it examines "the consequences of the federal government's deep intervention into the U.S. economy, from Wall Street to Detroit and beyond." This past Monday, it ran an article entitled "After the Bailouts, Washington's the Boss", wherein it made [...]
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December 10, 2009
On my drive to the law school this morning I started listening to John Cassidy's "How Markets Fail: The Logic of Economic Calamities". Cassidy is a staff writer and blogger at the The New Yorker. Early on in the book, Cassidy introduces the term "utopian economics"–which he uses to describe, as I understand it, the [...]
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