Archive for Tyler Watts
Tyler Watts is an assistant professor of economics at Ball State University.
Disaster Response Restores Confidence in Government?
In a memorable episode of the cult-classic cartoon series “The Tick,” the title character is seen in the local café regaling fellow superheroes with his latest adventure, in which he single-handedly stopped an alien plot that would have sucked the earth into a black hole. Skeptical, one of the other heroes responds, “Can you prove [...]
4Jan2012 | Tyler Watts | 0 comments | ContinuedMore Government Action Needed for Job Recovery?
Would it come as a shock to hear one of the best-known apologists for government intervention in the economy admitting that it hasn’t worked (so far)? This is exactly what Nobel Prize-winning economist and uber-Keynesian Paul Krugman does in a New York Times column, stating, “[W]e are not now and have never been on the [...]
26Oct2011 | Tyler Watts | 1 comment | ContinuedThe Canard of “Underutilized Resources”
Last November the Federal Open Market Committee announced plans to purchase, by printing money, $600 billion of long-term government bonds over the next 6 months. This “quantitative easing,” Fed Chairman Bernanke assures us, is necessary to aid an economy that is suffering from “a very high level of underutilization of resources.” In other words, there’s [...]
24Feb2011 | Tyler Watts | 1 comment | ContinuedThe Canard of “Underutilized Resources”
Despite the seductive logic of the Keynesian physicians, printing money is patent-medicine quackery that stands to do the patient more harm than good.
18Nov2010 | Tyler Watts | 6 comments | ContinuedAlexander Hamilton and the Perils of State Capitalism
Historians have long praised Alexander Hamilton’s activist government promotion of capitalism. Hamilton’s “financial revolution” brought secure government debt, fluid securities markets, and a modern banking system to the United States. Most scholars believe these factors were responsible for the amazing growth of the U.S. economy in the subsequent 200 years. Thus while George Washington is [...]
25Aug2010 | and Tyler Watts | 7 comments | ContinuedClimate Change in the Great American Desert
President Obama’s science adviser, Dr. John Holdren, a Harvard physicist and persistent global-warming alarmist, made the news recently with a stunning and bold idea on how to halt the imminent danger posed by global warming—sorry, global climate change. Holdren has discussed the feasibility of geoengineering, a deliberate attempt at manmade climate change to counteract dreaded [...]
18Nov2009 | Tyler Watts | 4 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
