Quotable Arnold Kling By Arnold Kling, Sep 29 2011 SHARE POST: From the WSJ blog: Since the recession ended, businesses had increased their real spending on equipment and software by a strong 26%, while they have added almost nothing to their payrolls. The post’s title also is eloquent.
Sep 30 2011 Business Economics Venture Capital and Loan Guarantees Arnold Kling It is important to understand the difference. Megan McArdle writes, A lot of Solyndra's defenders have been arguing that if the government is going to play venture capitalist, this is simply what's going to happen: venture capitalists accept that a lot of firms in their portfolios are going to go bad. But that is ... 13 Read More
Sep 29 2011 Economic Growth As the World Ages Arnold Kling Phillip Longman writes, Because of the phenomenon of hyper-aging in the developing world, another great variable is already changing as well: migration. In Mexico, for example, the population of children age 4 and under was 434,000 less in 2010 than it was in 1996. The result? The demographic momentum that fueled huge... 11 Read More
Sep 29 2011 Labor Market Quotable Arnold Kling From the WSJ blog: Since the recession ended, businesses had increased their real spending on equipment and software by a strong 26%, while they have added almost nothing to their payrolls. The post's title also is eloquent. 9 Read More