I will be talking here on Tuesday morning. Supposedly will be covered by CSPAN and other media. I think that most in the audience will be looking for concrete policy proposals to create jobs, as opposed to a message that says that government does not know how to create jobs, that we are in a Recalculation, etc. I expect to find it difficult to deliver a clear, effective message.
READER COMMENTS
The_Orlonater
Feb 20 2010 at 8:02pm
Perhaps you can start off with Pete Boettke’s play-doh example in regards to how capital and labor markets work.
Felix
Feb 20 2010 at 10:00pm
Figure out a way for people in their 60’s, 70’s, and 80’s to carry their own weight. They need not carry several people as they did in their 40’s and 50’s. But if they carried their own weight, a lot of “problems” would be solved.
Andrew_M_Garland
Feb 20 2010 at 11:01pm
This is more nicely formatted at Do Smart People Run The Market?. I was inspired by the post by Shikha Dalmia on EconLog.
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[Long quote from http://easyopinions.blogspot.com/2010/02/do-smart-people-run-market.html elided. Please do not repost to EconLog the entirety of material you’ve posted elsewhere. A link and excerpt is sufficient. Thanks!–Econlib Ed.]
Colorado
Feb 21 2010 at 4:15pm
I suggest Russ Roberts comment “Ungovernable” http://cafehayek.com/2010/02/ungovernable.html. We could create a lot of private sector jobs by getting government out of things they’re not good at. The small challenge there is to argue firing 10 government employees and replacing them with 5 private ones is a net gain. But you have until Tuesday to solve that.
rhhardin
Feb 22 2010 at 10:36am
The economy depends on disagreement over values. You trade something worth less to you than the other guy for something worth less to him than you, and the standard of living of the nation increases by the amount of the disagreement. Add that up over all voluntary transactions.
Disagreement works entirely in the cracks.
One size fits all policies kill it off completely.
Felix
Feb 23 2010 at 9:30pm
rhhardin writes:
The economy depends on disagreement over values.
Seems a bit misleading to put it that way. More like “the economy depends on there being at least two values for each thing.” That way, there’s no implication that one or the other of two parties are wrong. Minor nit, perhaps, but this two-value-ness leads to, among other things, the existence of money and cities.
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