|
David Henderson: January 2011
An Author Archive by Month (29 entries)
|
|
|
|
January 31, 2011
Revealed Preference
David Henderson
In a comment on my December 21 post, "John Papola on Behavioral Economics," John Papola wrote: [W]hat is consumer surplus really and why does anyone take such an idea seriously? As someone who takes it seriously--I don't know of any... MORE
January 28, 2011
Growth: Causal Factors
David Henderson
Price controls really do matter. Any claim we make based on aggregate data is only as good as those data. Brink Lindsey has pointed out that, contrary to Tyler Cowen, the so-called Great Stagnation that Tyler writes about is not... MORE
January 27, 2011
Revealed Preference
David Henderson
Brett Arends has an article in the January 26 Wall Street Journal titled, "Why You Can't Trust the Inflation Numbers." His distrust is all in one direction: he thinks the Consumer Price Index understates inflation. My distrust is all in... MORE
Economics and Culture
David Henderson
One of the things I hated most about living in Washington, D.C. during the two-and-a-half years that I was in the Reagan administration was the way almost everyone there "breathed, slept, and ate" government. Of all the people in the... MORE
January 26, 2011
Labor Market
David Henderson
Supply curves slope up. Here's the joke: Man to woman: Would you sleep with me for one million dollars? Woman: Sure. Man: How about for ten dollars? Woman: What do you think I am? Man: We've already established what you... MORE
Labor Market
David Henderson
What I found most interesting in the comments on my latest post and in Bryan's response to my post was the wide range of views about how many immigrants would come to the United States in just a few years... MORE
January 25, 2011
Labor Mobility, Immigration, Outsourcing
David Henderson
While I agree with co-blogger Bryan that it would be desirable to let way more people into the United States, I haven't seen him answer in a satisfactory way some of the arguments against completely open borders. Assume that the... MORE
January 24, 2011
Economic Philosophy
David Henderson
The latest issue of Econ Journal Watch is out today and one of the articles is by David Gordon. It's titled, "The Ideological Profile of Harvard University Press: Categorizing 494 Books Published 2000-2010." In it, Gordon methodically goes through 494... MORE
January 22, 2011
I'm in the midst of a refinance of my mortgage, a very straightforward one because our equity in the house is over 80 percent of even a low-ball estimate of value. I was talking to the bank representative early in... MORE
January 21, 2011
Labor Market
David Henderson
Here's a paragraph from a recent David Leonhardt story in the New York Times: In Germany and Canada, some companies and workers have averted layoffs by agreeing to cut everyone's hours and, thus, pay. In this country, average wages for... MORE
January 20, 2011
Central Planning vs. Local Knowledge
David Henderson
On January 12, Congresswoman Nancy Pelosi stated the following about the Tucson shootings: Whether it's the people who responded immediately very courageously, whether it's the first responders who came to the scene in a matter of minutes, whether it's the... MORE
Fiscal Policy
David Henderson
I was on the John Stossel show on Fox Business Channel last week to discuss my Mercatus study of how the Canadian government turned budget deficits into surpluses. It's called "Canada's Budget Triumph." Here's the segment I was in. It's... MORE
January 18, 2011
Public Choice Theory
David Henderson
The first time I met Gordon Tullock, as I tell here, was in the fall of 1971 when he gave a paper at a conference at the University of Western Ontario. The paper was titled "The Paradox of Revolution." Here's... MORE
January 17, 2011
Labor Mobility, Immigration, Outsourcing
David Henderson
I don't have much to add to Bryan's thoughts on conservative "overlordship" re immigration. But I do want to reply to some points that his commenters raised. . Commenter Tom Dougherty argues that even though landlords, employers, and grocers are... MORE
January 14, 2011
Monetary Policy
David Henderson
Two days ago, I bet a former student of mine, Thomas Strenge, on the inflation rate for the next year. He's betting that the CPI-U between December 2010 and December 2011 (reported January 14, 2011 and January whatever, 2012) will... MORE
January 12, 2011
Labor Market
David Henderson
In two separate blog posts, co-blogger Bryan addresses my comments on pacifism and then argues that people generally avoid fighting. I think he makes good points but he way overstated. First, Bryan stated: My prediction: If someone suddenly tried to... MORE
Business Economics
David Henderson
I'm stuck in New York after my early a.m. flight out was cancelled. Because the hotel I was in had no rooms available for tonight, I had to find another hotel. Fortunately, the Holiday Inn Express three short blocks away... MORE
January 11, 2011
Regulation
David Henderson
It has become so standard, when a family has had a tragedy, for a family member to advocate some further restriction on freedom even if that restriction would create more tragedies than it would prevent. It's kind of understandable. When... MORE
January 10, 2011
Upcoming Events
David Henderson
Today I'm flying to New York to tape a segment tomorrow for John Stossel's show on Thursday, January 13. It's on the Fox Business Network @ 9:00 p.m. and midnight EST Thursday and @ 9:00 p.m. and midnight EST on... MORE
Labor Market
David Henderson
An increase in U.S. aggregate labor demand reflected in rising job vacancies has not been accompanied by a similar decline in the unemployment rate. Some analysts maintain that unemployed workers lack the skills to fill available jobs, a mismatch that... MORE
January 9, 2011
Fiscal Policy
David Henderson
In a post on a serious proposal to almost double the Illinois state income tax, Megan McArdle writes: The income tax increases, on the other hand, are both workable and necessary. Conservatives will holler, but Illinois is not going to... MORE
January 8, 2011
Energy, Environment, Resources
David Henderson
Blogger and GMU economics professor Don Boudreaux has challenged blogger and Berkeley economics professor Brad Delong to a bet. Brad has turned down the bet and proposed his own bet, a bet that Don has not accepted. It seems to... MORE
January 5, 2011
Economics of Health Care
David Henderson
We now know how many people have the problem most often cited as the reason for last years' health overhaul legislation. Answer: 8,000 No, that's not a misprint. Out of 310 million Americans, only 8,000 people have the problem given... MORE
January 4, 2011
International Trade
David Henderson
The Feature Article on Econlib this month is "The Locavore's Dilemma" by Jayson L. Lusk and F. Bailey Norwood, both agricultural economics professors at Oklahoma State University. Its subtitle, "Why Pineapples Shouldn't be Grown in North Dakota," is, of course,... MORE
January 3, 2011
Economics of Health Care
David Henderson
Social Security is widely believed to protect its recipients from inflation because benefits are indexed to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). However, the CPI-W may not accurately reflect the experience of retirees for... MORE
January 2, 2011
Regulation
David Henderson
My friend and fellow UCLA alum, Tom Hazlett, has a beautiful appreciation of Fred Kahn in the Financial Times (HT to Don Boudreaux). Tom is one of the best writers in economics. I learned so much from this relatively short... MORE
Cost-benefit Analysis
David Henderson
Tyler Cowen posted a while ago about some advice for a future regulator. I thought the best comment adding advice was this one: Do your best to fight for freedom by attempting to combat any proposed new regulations and undermine... MORE
January 1, 2011
Economics of Crime
David Henderson
I asked a hypothetical question in my previous post today. I'm glad that Prakhar Goel, one of the three people to whom I addressed the question, was willing to participate. Thank you, Prakhar. And, unlike commenter TA, I don't think... MORE
Economics of Crime
David Henderson
In the comments on my post yesterday, Prakhar Goel, Patrick R. Sullivan, and Shayne Cook were critical of my views on U.S. foreign policy. All three implicitly or explicitly seemed to favor the U.S. government's attack on Afghanistan in 2001.... MORE
Return to top
|
SHARE