Archive for William L. Anderson

William Anderson is an associate professor of economics at Frostburg State University. He blogs at Krugman-in-Wonderland.

False Foreclosures and the Free Market

Once the government effectively nationalized these institutions allegedly to make them solvent, any notion of real customer service disappeared.

22Dec2010 | William L. Anderson | 4 comments | Continued

Should NCAA Rule Infractions Be Crimes?

When government is able to criminalize private-rule infractions, there really are no bounds at all on the behavior of the authorities.

15Dec2010 | William L. Anderson | 6 comments | Continued

Is the EPA Necessary?

I submit that common sense tells us to do away with the agency.

8Dec2010 | William L. Anderson | 9 comments | Continued

Algorithms Can’t Pick College Football Champions or Predict Economies

A mathematical formula cannot tell us what the U.S. economy (or any other economy) is going to do next year.

1Dec2010 | William L. Anderson | 19 comments | Continued

Why Is there a TSA?

As protests increase against the offensive pat-downs allegedly designed to make flying safer, we really should not be shocked that government employees are abusing air travelers.

24Nov2010 | William L. Anderson | 23 comments | Continued

A Nation of Consumers?

A fundamental tenet of economics is that the end of production is consumption. Unfortunately, Keynesian economists seizing the public microphone claim the purpose of consumption is to clear the shelves so producers will have something to do in the future.

17Nov2010 | William L. Anderson | 9 comments | Continued

Inflating Our Way to Prosperity?

As more and more money is pumped into the economy, not only do prices go up, but so do inflationary expectations.

10Nov2010 | William L. Anderson | 9 comments | Continued

Voting, Accountability, and the Rise of Executive Power

Here’s what I want to know: Does Congress matter these days?

3Nov2010 | William L. Anderson | 8 comments | Continued

Progressivism and the Criminal Law

The development of the criminal law under Progressivism, which began more than a century ago, is revealing

27Oct2010 | William L. Anderson | 5 comments | Continued

Three Felonies a Day: How the Feds Target the Innocent

In the fall of 1989 the communist regimes of Eastern Europe collapsed, and two years later the Soviet Union itself was no more, replaced by Russia and a number of newly independent nations. Communism and its accompanying show trials, gulags, and politically oriented prosecutions, along with the faux legal system that undergirded it, supposedly disappeared. [...]

22Oct2010 | William L. Anderson | 3 comments | Continued

The U.S. Economy Needs Inflation?

While a burst of inflation might bring more short-term consumer spending, in the longer run it will lead to more malinvestments and, yes, more economic depression.

20Oct2010 | William L. Anderson | 6 comments | Continued

Public Works and Pyramids

High-cost government projects can be impressive and even have a wonder all their own, like Hoover Dam. However, if they use more wealth than they create, they are a burden, period.

13Oct2010 | William L. Anderson | 9 comments | Continued

CS – I Don’t Think So!

Those attractive, incorruptible lab technicians on “CSI” might make good television, but they are a poor substitute for reality.

6Oct2010 | William L. Anderson | 8 comments | Continued

Will “Clean Energy” Lead an Economic Recovery?

Keynesians and semi-socialists claim that “clean energy” will create jobs and net economic growth.

29Sep2010 | William L. Anderson | 13 comments | Continued

How to End the Great Recession

For people who can’t find work, it doesn’t feel like a recovery, and there is good reason for that feeling.

22Sep2010 | William L. Anderson | 6 comments | Continued

Are We Headed for Deflation – or Inflation?

The inflation wolf may well be at the door, but we need to do a better job of explaining why the current situation exists.

15Sep2010 | William L. Anderson | 5 comments | Continued

Will Infrastructure Repairs Cut Unemployment?

Whenever the economy is in recession, people claim we can “put America back to work by rebuilding the infrastructure.” So I am not surprised that President Obama has decided to continue the “infrastructure” mantra in his latest economic plan.

8Sep2010 | William L. Anderson | 4 comments | Continued
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