All Posts Tagged With: "Robert Higgs"
How the Economy Works
This book is slim. It’s also well written, which is always a surprise when the author is an academic economist. But don’t let the concision and breezy style fool you. UCLA economics professor Roger Farmer offers a big idea that he’s convinced will reduce both the frequency and size of economic booms and busts. Unfortunately [...]
22Jun2011 | Donald J. Boudreaux | 2 comments | ContinuedAnd the Slump Goes On
Official economic statistics and the underlying economic reality sometimes differ starkly. Such discrepancies may be almost inevitable when a small group of macroeconomic experts sets the official dates for peaks and troughs of aggregate economic activity. The Business Cycle Dating Committee of the National Bureau of Economic Research (NBER) recently “determined that a trough in [...]
24Feb2011 | Angel Martín Oro | 13 comments | ContinuedCan America Afford an Empire?
Fiscally speaking, the U.S. government has been running a disorderly house for some time. That makes the fiscal crisis in Greece an uneasy portent for Americans (as Steven Horwitz points out in our July/August issue). Just contemplate some of the numbers. The total federal debt is nearly $13 trillion, $8.6 trillion of which is held [...]
22Sep2010 | Sheldon Richman | 1 comment | ContinuedGovernment Must Stimulate to Avoid a 1937-Style Recession?
It is rather unfortunate that the Royal Swedish Academy of Sciences’ Economics Prize Committee chose to award the 2008 Nobel Prize in economics to Paul Krugman. It is not that Krugman did not deserve the prize—his contributions to international trade theory were indeed substantive and valuable. The problem is that by 2008 Krugman had long [...]
24Mar2010 | Ivan Pongracic Jr. | 6 comments | ContinuedWhat Ended the Great Depression?
What finally ended the Great Depression? That question may be the most important in economic history. If we can answer it, we can better grasp what perpetuates economic stagnation and what cures it. The Great Depression was the worst economic crisis in U.S. history. From 1931 to 1940 unemployment was always in double digits. In [...]
24Feb2010 | Burton W. Folsom Jr. | 43 comments | ContinuedWhere the Jobs Are
Robert Higgs, editor of The Independent Review and a Freeman columnist, has a revealing article on today’s employment and unemployment. Juicy tidbit: Total employment peaked in 2007 at 137.6 million persons on nonfarm payrolls, fell slightly in 2008, and then dropped precipitously in 2009 to 132.0 persons, for a two-year loss of 5.6 million jobs. [...]
12Jan2010 | Sheldon Richman | 1 comment | ContinuedMore Bad Economics Reporting
Robert Higgs masterfully demolishes an AP story about Barack Obama’s alleged plan to reconstruct (!) the financial markets. Read and enjoy here.
15Jun2009 | Sheldon Richman | Comments Off | ContinuedHiggs on C-SPAN
Robert Higgs, senior fellow at the Independent Institute and a Freeman columnist, will be the subject of a three-hour interview on C-SPAN2′s program ‘”In Depth.” Here’s the current schedule:Sunday, April 5, 12:00 noon ET (9:00 a.m. PT) Monday, April 6, 12:00 midnight ET (April 5, 9:00 p.m. PT) Saturday, April 11, at 9:00 a.m (6:00 [...]
1Apr2009 | Sheldon Richman | 0 comments | ContinuedTGIF: Crisis and Opportunity
“You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things you think you could not do before.” –Rahm EmanuelHas President Obama’s chief of staff read Robert Higgs’s Crisis and Leviathan? The rest of this week’s TGIF, “Crisis and Opportunity,” is here.
13Mar2009 | Sheldon Richman | 0 comments | ContinuedBootleggers, Baptists, and Bailed-Out Bankers
For more than a year now, people worldwide have experienced an extraordinary chain of economic events. Led by crushing increases in U.S. mortgage-related bankruptcies, the world financial collapse that followed has been termed the subprime crisis, the financial meltdown, the Wall Street bailout, the beginning of another Great Depression, and even the end of capitalism [...]
2Mar2009 | Bruce Yandle | 6 comments | ContinuedBeware "Stabilization"
The inestimable Robert Higgs, a Freeman columnist and senior fellow at the Independent Institute, has another insightful entry at The Beacon. In “Stabilize This, Stabilize That,” Higgs rips the mask from government programs ostensibly designed to bring stability to the economy. As he puts it: [L]ike most government policies, those purportedly aimed at stabilization are [...]
13Nov2008 | Sheldon Richman | 0 comments | ContinuedBook Reviews – November 2008
Opposing the Crusader State: Alternatives to Global Intervention Edited by Robert Higgs and Carl P. Close Independent Institute • 2007 • 291 pages $15.95 papeerback Reviewed by Doug Bandow It doesn’t seem to matter how badly America’s foreign policy of global intervention has failed. The governing elite advocate more and more extensive intervention. Virtually every [...]
1Nov2008 | George C. Leef | 0 comments | ContinuedBook Reviews – November 2007
- Lenin, Stalin, and Hitler: The Age of Social Catastrophe
by Robert Gellately Reviewed by Richard M. Ebeling
- Depression, War, and Cold War
by Robert Higgs Reviewed by Burton Folsom, Jr.
- Great Philanthropic Mistakes
by Timothy Sandefur Reviewed by George C. Leef - Elements of Justice
by David Schmidtz Reviewed by Aeon J. Skoble
Re-Thinking Green: Alternatives to Environmental Bureaucracy
Edited by Robert Higgs and Carl P. Close Reviewed by Michael Sanera
1Mar2007 | FEE Admin | 0 comments | ContinuedThe Rent-Seeking Habit
Wal-Mart’s CEO and his chief nemesis, the head of the Service Employees International Union, have joined forces. They recently appeared together at a news conference to endorse universal health care, sugared words for medicine by coercive bureaucracy. No, this is not another article about why a government-based medical system is a terrible idea. This is [...]
16Feb2007 | Sheldon Richman | 2 comments | ContinuedLeviathan: America’s Secret Challenge
How helpful of physicist S. Fred Singer, head of the Washington area-based Science and Environmental Policy Project, to restore the idea of “hormesis.” Hormesis is the principle that things beneficial to life in low doses can be fatal in high doses. Singer mentions such things as alcohol, sunshine, iodine, sodium, iron, copper, cholesterol, and nuclear [...]
1Jul2002 | William H. Peterson | 2 comments | ContinuedThe Mysteries of the Great Depression Finally Solved
The Great Depression of the 1930s may be a dim memory now, but its impact is still being felt in policy and theory. The prolonged depression created an environment critical of laissez-faire policies and favorable toward ubiquitous state interventionism throughout the Western world.
1Jul1997 | Mark Skousen | 27 comments | Continued-
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