Last week, Hilary Rosen raised a firestorm when she criticized Ann Romney for being a stay-at-home mom. Whether at home or in the workforce, women have more than proved their value to our society. Maybe it’s time we accept that women in all walks of life deserve more credit than they are getting. [cont…]
Book Review: “The Big Short: Inside the Doomsday Machine” by Michael Lewis
April 4, 2012 by
Michael Lewis can tell a story like no other. In fact, even before I finished reading his “The Big Short,” I wanted to work the book into every conversation I had. The story was that interesting and compelling. Anyone who can take the financial crisis of the last few years, find a story in it that centers around subprime mortgages and shorting the market (if you understand what that means and how to do it, you’re more than a step ahead of me and about anyone else I’ve mentioned it to over the last couple weeks), and then make it interesting to the lay reader deserves to be read. [cont…]
Economics simplified…a lot.
March 27, 2012 by
Brought to you by NPR, three minimalist posters designed by economists.
Reading right now: “The Myth of the Rational Voter: Why Democracies Choose Bad Policies.”
August 4, 2011 by
Lately, I’ve not had a lot of time to read. But when I have had time, I’ve enjoyed reading the wonkish and pointed “The Myth of the Rational Voter” by Bryan Caplan. It’s an economist’s look at why, as the sub-title says, voters tend to support bad public policies. The reason, Caplan argues, is not […]
Negative externalities add up.
August 1, 2011 by
No one faces the choice, “Drive a lot less, or get lung cancer,” or “Rethink your economic views, or spiral down to poverty.” In both driving and democracy, negative externalities irrelevant to individual behavior add up to a large collective misfortune.
Do you really need all that education?
June 24, 2011 by
And now for something completely different, let’s ask ourselves the question: DO YOU REALLY NEED ALL THAT EDUCATION? Arnold Kling doesn’t necessarily think so. Rather, education just separates the “wheat from the chaff. ” There’s a great debate going on between a some economists over at Econlog.com. Their question? Does more education endows more benefit, or is […]
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