Recalculation Story Watch

Arnold Kling

By Arnold Kling, Aug 5 2010

Joseph Y. Calhoun III points out the Recalculationist implications of Mark Perry’s post showing that job openings are increasing much faster than employment. Read for yourself.

How FDA Regulation Stifles Drug Development

In the current issue of Regulation magazine, I have a review of two books, Overdose, by Richard Epstein, and Leviathan's Drug Problem, by John R. Graham. Both are excellent. Although Epstein's book came out in 2006, it didn't make much of a splash. More's the pity, because it's full of insights. Some excerpts from ...

Aug 6 2010

Austrian Economics

Keynes vs. Bohm-Bawerk

Arnold Kling

This morning, we will find out whether the recovery remains jobless. Meanwhile, I have an essay, Labor is Capital, that offers an explanation for jobless recoveries. Much of today's American workforce is engaged in roundabout production, which Böhm-Bawerk equated with capital. There is no longer a meaningful distinc...

Aug 5 2010

Labor Market

Recalculation Story Watch

Arnold Kling

Joseph Y. Calhoun III points out the Recalculationist implications of Mark Perry's post showing that job openings are increasing much faster than employment. Read for yourself.

Recalculation Story Watch

Arnold Kling

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How FDA Regulation Stifles Drug Development

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Arnold Kling

Recalculation Story Watch

Arnold Kling