Archive for William L. Anderson
William Anderson is an associate professor of economics at Frostburg State University. He blogs at Krugman-in-Wonderland.
The Yugo: The Rise and Fall of the Worst Car in History
In my M.B.A. economics class I emphasize the Austrian view of entrepreneurship, noting that successful entrepreneurs are rewarded for moving resources from lower-valued to higher-valued uses in a free market. Alas I also spend time explaining “political entrepreneurship”: exploiting connections with “the right people” to profit by moving resources from uses consumers would value highly [...]
22Jun2011 | William L. Anderson | 5 comments | ContinuedThe Mainstream Media and the Bonds Case
If the Bonds case tells us anything, it’s that the media watchdogs are foxes guarding the henhouse.
20Apr2011 | William L. Anderson | 7 comments | Continued“Sustainability” Isn’t Sustainable
Government can no more save the economy by transferring resources to industries that can’t stand on their own than the U.S. armed forces could save Vietnam by bombing it into the Stone Age.
13Apr2011 | William L. Anderson | 10 comments | ContinuedThe Keynesians’ Special Case
Governments can neither fool Mother Nature nor violate the laws of economics.
6Apr2011 | William L. Anderson | 7 comments | ContinuedDefining “Terrorism” Down
If Bernard von NotHaus did anything, he exposed the sorry fact that U.S. money is hopelessly debased. If that is proof of terrorism, then anyone who openly criticizes this government and its money is a terrorist.
30Mar2011 | William L. Anderson | 2 comments | ContinuedJapan’s Supposed Silver Lining
The Japanese people are going through sheer horror. To spin this tragedy into economic triumph is not just bad economics; it’s an obscenity.
23Mar2011 | William L. Anderson | 16 comments | ContinuedGovernment Borrowing Won’t Create Savings
In New York Times columnist Paul Krugman’s world, budget deficits morph into surpluses and savings.
16Mar2011 | William L. Anderson | 7 comments | ContinuedEarth to New York Times: Governments Are Broke
The problem, the Times says, is that government does not tax people enough, nor does it spend enough money.
9Mar2011 | William L. Anderson | 19 comments | Continued“Clean Energy” and the Depressed Economy
If clean energy is so wonderful and such a great investment, why do all of these ventures have to be subsidized directly by tax dollars or indirectly by government mandates?
2Mar2011 | William L. Anderson | 11 comments | ContinuedMedical Fraud in Wisconsin
Engage in behavior that this government considers to be politically acceptable and get a free pass to break the law. Everyone else gets to go to prison.
23Feb2011 | William L. Anderson | 13 comments | ContinuedAre We Lacking “Ideas on a Grand Scale”?
Government policies have encouraged massive malinvestments for more than a decade, and now that same government is blocking the necessary readjustments of capital and resources.
16Feb2011 | William L. Anderson | 22 comments | ContinuedRevolutions and Government Institutions
For all the euphoria over the people-driven revolution in Egypt, whatever regime emerges will in the end carry on business as usual.
9Feb2011 | William L. Anderson | 3 comments | Continued“Losing” Egypt
The world is not a chessboard, and the United States cannot move people around, expecting them to obey.
2Feb2011 | William L. Anderson | 10 comments | ContinuedIs Ethanol a Good Choice for Consumers?
It’s is a good deal — for ethanol producers — but it destroys the wealth of others.
26Jan2011 | William L. Anderson | 12 comments | ContinuedBureaucrats Keep Us Safe?
Once people believe that government agents protect us, there can be no end to the avenues of “protection” bureaucrats will offer.
19Jan2011 | William L. Anderson | 7 comments | ContinuedSue the Government
If your life is not perfect, sue the government, since everyone knows that it can and should bring perfection to society.
12Jan2011 | William L. Anderson | 10 comments | ContinuedDo We Need the “Next Level” of State Security?
The longer the TSA exists the more likely it (along with other government “security” agencies) will engage in abusive spying on innocent Americans.
5Jan2011 | William L. Anderson | 17 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
