Archive for Alan Reynolds
Alan Reynolds (areynolds@cato.org) is a senior fellow with the Cato Institute and the author of Income and Wealth.
Falling Behind: How Rising Inequality Harms the Middle Class
Robert Frank, a professor of economics at Cornell, has long argued that affluent Americans spend too much on conspicuous consumption, which he relabels “positional” goods. His favorite examples include big houses, expensive watches, barbecue grills, and wine. If Smith has more positional goods than Jones, then Jones is said to suffer “relative deprivation” because “what [...]
22Jan2009 | Alan Reynolds | 3 comments | ContinuedNo Jobs for Young People?
In “The Young and the Jobless,” New York Times columnist Bob Herbert recently wrote that “American workers, especially younger workers, remain stuck in a gloomy employment landscape. . . . The simple truth is that there are not nearly enough jobs available for the many millions of out-of-work or under-worked men and women who need [...]
1Sep2005 | Alan Reynolds | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
