Bryan Caplan, David Henderson, and Arnold Kling

David Henderson: November 2008

An Author Archive by Month (17 entries)

Thanksgiving Thoughts

Growth: Consequences
David Henderson
I have two main thoughts to share this day. The first is personal. I have so much to be thankful for. When I think about growing up on the cold prairies in Canada and going to our neighbors' house to... MORE

Summers on Unemployment Benefits

Labor Market
David Henderson
On today's Forbes.com, I have a piece titled, "Has Bush Heard of Bastiat?" Forbes chose the title, but I think it's a good one. And I'm willing to bet dollars to doughnuts that Bush hasn't heard of Bastiat. I wouldn't... MORE

Cowen on Great Depression

Economic History
David Henderson
I work as little as possible on my birthday (November 21), which is why I didn't post yesterday. Tyler Cowen's column in yesterday's New York Times is excellent and I want to note some highlights, with my additional thoughts, and... MORE

Incentive Ceiling

Price Controls
David Henderson
As someone who has taught economics for 28 of the last 33 years, I thought I had pretty much seen everything a student could come up with in an introductory course in which the issue was rent control. What I'm... MORE

Insider Trading

Finance
David Henderson
The news that the feds are charging Mark Cuban with "insider trading" raises an interesting issue: what's wrong with insider trading? You might think it's obvious. If so, read the articles on insider trading in the 1st and 2nd editions... MORE

Nozick--An Appreciation

Economic Philosophy
David Henderson
Over on "The Austrian Economists," Peter Boettke writes an appreciation of the late Robert Nozick, who would have turned 70 on November 16. The title Pete gave it has caused most commenters to focus on Nozick's smarts, but Pete's appreciation... MORE

The New Football Czar

Regulation
David Henderson
On CBS's "60 Minutes" this evening, almost the whole time was devoted to an interview with Barack and Michelle Obama. They are an incredibly charming couple and it's hard not to like them, especially him. But at the end, interviewer... MORE

Seminar in Portland

Trade Barriers
David Henderson
Next Saturday, November 22, I will be giving two talks at the 18th Annual Freedom Seminar in Portland, Oregon. My two talks are titled, "The Case for Free Trade and Against Barrierism" and "The Paulson Bailout: Bush's Road to Serfdom."... MORE

Devil Says "Sin Less"

Regulation
David Henderson
That should have been the headline on George W. Bush's op/ed in today's Wall Street Journal. The title the Journal gave it is "The Surest Path Back to Prosperity." And the decline (that's the line underneath the title that sums... MORE

Central Planning in World War II

Central Planning vs. Local Knowledge
David Henderson
In my Veteans Day tribute to economist Richard Timberlake yesterday, I highlighted his experiences in World War II as a pilot of a B-17 bomber. I didn't mention his economic insights in his book, They Never Saw Me Then, because... MORE

Dean Baker

Public Choice Theory
David Henderson
One of the more interesting economist bloggers on the left side of the spectrum is Dean Baker. He had an interesting post the other day. (Hat tip to Sheldon Richman.) Baker wrote: The [Washington] Post tells us how the people... MORE

More on Autos

International Trade
David Henderson
My co-blogger Arnold has an excellent blog on the auto industry. There's more to say, though. Notice his first quote from Obama: The auto industry is the backbone of American manufacturing and a critical part of our attempt to reduce... MORE

Tweak Cafe and Save Detroit

Regulation
David Henderson
My favorite writer/thinker at the Wall Street Journal, Holman Jenkins, had a marvelous article yesterday on how to save Detroit. His solution is to tweak CAFE standards. CAFE, you might recall, stands for Corporate Average Fuel Economy. Imposed by President... MORE

The Employee Suppression of Choice Act

Labor Market
David Henderson
Under current law, workers, to be represented, must vote in a secret ballot. The EFCA would give unions another way to monopolize a workplace: get a majority of workers to sign a card authorizing a union to represent them. This... MORE

Will Networks Blow It Again?

Politics and Economics
David Henderson
In the presidential election of 2000, all of the major networks but Fox News Channel blew it. Not by declaring Gore the winner too early or, later in the evening, Bush the winner too early. Those are predictions and you... MORE

Was Greenspan's Monetary Policy Too Loose?

Monetary Policy
David Henderson
We are not arguing that Greenspan's policies were perfect. Nor should anything that follows be construed as a defense of central banking or of the Federal Reserve. Particularly alarming is the way the lender-of-last-resort function has been expanding the moral-hazard... MORE

Numeracy Watch

Fiscal Policy
David Henderson
One factor in the poor reporting of economics is the innumeracy of many reporters. Most people have trouble getting big numbers straight--distinguishing millions from billions, for example. Unfortunately, so do many reporters, even those who report economic news. Today's New... MORE

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