Econ Bloggers in Kansas City
By Arnold Kling
Panel 2, on the budget, includes Ezra Klein. He argues that the budget is, in the grand scheme of things, not such an important problem. I would agree that in the universe of problems, others are worse: unemployment, misallocation of health care resources, weaknesses in the education system.
But of the problems that government can do something about, I would say that fixing its own budget is the most important. That, of course, is where Klein and I disagree. His list of problems that government is ill-equipped to solve would be shorter than mine.
The first panel, on the economic outlook, is self-recommending (and Scott Sumner strongly recommends Brink Lindsey’s introduction), but it produced none of the intensity one might have expected. I think that most of us in attendance found the fourth panel, on intellectual property, the most interesting and informative. The third panel, on inequality, was one where I thought that Brink Lindsey did better than the panelists, perhaps because he has delved into the issue more deeply than they have.