Archive for William L. Anderson

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

New Orleans: Victim of Government Neglect?

One can only wonder what might have happened had the federal government spent no money at all. We never will know, but I suspect that the Crescent City very well might have been much better off.

1Sep2010 | | 3 comments | Continued

Is it Taxation, Censorship, or Both?

In this day of governments grasping for revenues, it is not surprising to see Philadelphia trying to milk the bloggers.

25Aug2010 | | 12 comments | Continued

Is Anyone Shocked by High Teenage Unemployment?

The laws of economics cannot be breached with impunity by State policies any more than King Canute could order the tide not to rise.

18Aug2010 | | 21 comments | Continued

Cause, Effect, and the Current Depression

All too often people confuse cause and effect.

11Aug2010 | | 10 comments | Continued

Will Increasing Taxes Bring Economic Recovery?

In its August 1 edition the editors of the Gray Lady published a lengthy editorial that claimed our economy is in trouble because tax rates are too low.

4Aug2010 | | 6 comments | Continued

What to Expect from New York’s “Workplace Bullying” Law

The New York state Senate passed a bill that would let workers sue for physical, psychological or economic harm due to abusive treatment on the job.

28Jul2010 | | 17 comments | Continued

Is It Spending or Consumption?

Anyone who believes an economy is nothing more than a mechanical operation in which some people produce, others spend, and then government makes up the difference really does not understand economic processes.

21Jul2010 | | 1 comment | Continued

The Good State and the Bad State, Progressivism, Part III

Almost everyone in authority claims to revere the Constitution. However, few people in government believe they should be subject to the limitations that define the document.

14Jul2010 | | 8 comments | Continued

The “Smart” State: Progressivism, Part II

Modern Progressives love the term “smart” to describe their approach to everything from zoning to energy. For them, attempts to expand the role of the State are smart, which means free markets must be “stupid.”

7Jul2010 | | 7 comments | Continued

Reaping the Whirlwind of Progressivism, Part I

From numerous wars (to promote “democracy” abroad) to the current depression, we see the imprint of Progressivism.

30Jun2010 | | 8 comments | Continued

Do We Need “Alternative Energy” Because of the Oil Spill?

Government intervention played an important role in the spill’s happening in the first place.

23Jun2010 | | 6 comments | Continued

Another Look at Enron

Enron’s demise should not have been a surprise, as it was a product of the Federal Reserve’s late 1990s boom.

16Jun2010 | | 1 comment | Continued

Federal Crimes and the End of Law

With the Obama administration’s stated determination to have the U.S. Department of Justice seek criminal charges in the BP oil spill, I believe we should take a hard look at the entire legal process.

9Jun2010 | | 7 comments | Continued

Liquidity Trap or Malinvested Resources?

Many people claim today that the U.S. economy is in a “liquidity trap” and only government can spend us out of this mess. They’re wrong.

2Jun2010 | | 2 comments | Continued

Does Malinvestment Matter?

With literally trillions of dollars having been spent for “stimulus,” the rate of unemployment hovers around 10 percent, many banks remain in a precarious state, and a meaningful economic recovery is as elusive as ever.

26May2010 | | 10 comments | Continued

Are Americans Addicted to Oil?

The American political elite tells us we are addicted to oil. Whether it’s from former President George W. Bush or the present administration, Americans for years have been admonished to break the oil habit and use alternative fuels that meet Washington’s approval.

19May2010 | | 12 comments | Continued

Will the New Bailout Save Europe?

While Greece and other European countries have been facing disaster, it is nothing like the disaster that looms because the economic piper has yet to be paid.

12May2010 | | 5 comments | Continued
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