Guest Post by Yoram Bauman Bryan Caplan By Bryan Caplan, Dec 19 2011 SHARE POST: Yoram Bauman, author of The Cartoon Introduction to Economics, asks some questions in the comments. Consider the following his guest post. I’ll respond soon. On second thought, I miss arguing with you, Bryan, so I’ll pick some bones: 1) What did you think of the page on public choice (p82)? Buchanan got his own Nobel Prize joke, and I thought that was pretty good! 2) Regarding Chapter 9 (“Complications”), you write that it “bends over backwards to consider objections to free trade, but ultimately grants them very little.” Do you really see it as that simple? When you read articles about foreign countries and child labor or unsafe working conditions or human rights or environmental pollution, do you just shrug and say (as the character does on p112) “as long as we can buy bread from them cheap, who cares?!” 3) #2 above also makes me curious about your take on the history of labor laws in the USA. When you read about, say, the 1911 Triangle Fire, do you really just get a hop in your step from thinking about the joys of an unregulated market? If you could go back in time and eliminate laws in the U.S. about child labor and workplace safety &etc, would you?
Dec 20 2011 Political Economy An Extended Take on Ignorance Arnold Kling from Xerographica. Note the many links, including one to A Jeffrey Friedman paper. 3 Read More
Dec 20 2011 Fiscal Policy Fiscal Policy: A Counterexample for Krugman David Henderson Blame Canada for contradicting Krugman. Paul Krugman writes: And bear this in mind: no country has driven itself into a debt crisis with stimulus -- nor has any country with significant debt regained investor confidence through austerity. Actually, the last clause is false. The Canadian government, under the Liberal ... 19 Read More
Dec 19 2011 Books: Reviews and Suggested Readings Guest Post by Yoram Bauman Bryan Caplan Yoram Bauman, author of The Cartoon Introduction to Economics, asks some questions in the comments. Consider the following his guest post. I'll respond soon. On second thought, I miss arguing with you, Bryan, so I'll pick some bones: 1) What did you think of... 8 Read More