June 9, 2009
More on the Fischer Black Model
June 9, 2009
The Purpose of the Public Health Insurance Plan
June 8, 2009
Justin Fox, Fischer Black, Tyler Cowen
June 8, 2009
Limits to Progress?
June 8, 2009
Behaviorial Geneticists versus Policy Implications
June 7, 2009
Isn't That Just an Asian Effect?
June 7, 2009
Forecasting
June 6, 2009
On Being Certain
June 6, 2009
Obama on How Markets Reduce Racial Discrimination
I wrote about this in a short story on my blog: http://zatavu.blogspot.com/2004/12/milton-wilcains-intelligence.html
Arnold,
My thoughts...
While I believe Obama thinks that the state has an important role to play, I think that his is a qualitatively different perspective on the use of state power. Just look at his healthcare program. He doesn't use the coercive force of government to mandate purchased healthcare. Granted he uses the coercive force of taxation to subsidize it, but I think that is totally different than the use of legal action against individuals. Both Hillary and Elliot have no qualms in using judicial coercive power for the "public good".
Obama is less "Spitzery" than McCain. He argues in Audacity of Hope that the problem with the economy is excessive government regulation that is stifling innovation and growth.
Alex Tabarrok and Justin Wolfers seem to like what Spitzer did as AG, may I sugest a little debate between you and them?
http://www.marginalrevolution.com/marginalrevolution/2008/03/trade-offs.html
http://freakonomics.blogs.nytimes.com/2008/03/11/is-virtue-what-we-buy-or-what-we-sell/
How about education and scholarship?
Kling: Swarthmore then MIT was it?
McCain: US Naval Academy 894th of 899
Obama: Occidental College in L.A. + Columbia U in New York for undergrad then Harvard Law (made Law Review & graduated magna cum laude)
Clinton: Wellesley then Yale Law
All: pretty tough schools to get into.
Candidate with management experience: none of the above. (except for managing their office staff).
We have a difficult 4 years coming. Who will work with both major parties? I guess McCain and maybe Obama.
Arnold, you sound upset in this piece. I think it is justified.
I believe the best way to discourage Spitzer type behavior is with prison time. Many politicians have been convicted of serious crimes and not served one day behind bars. I really want to see more politicians convicted of crimes publicly sent to the big house!