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The New Republic vs. Ayn Rand
Jonathan Chait of The New Republic recently took on Ayn Rand and her philosophy, and thus he took on the entire intellectual edifice of the right, which is built on Rand’s view that any restrictions on...
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The Government Does Not Want to Run Your Life
The Wall Street Journal recently ran an article on low-flow shower heads and all the cool ways that faucet makers are trying to make less water feel like more water (turbines, anyone?). The federal...
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More on Ayn Rand
Regular readers can safely assume that I am not a fan of Ms. Rand, but even I was surprised to see the conservative National Review take her to task last week. When even William F. Buckley’s...
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Paul Volcker on Financial Regulation
Speaking of reasonable voices when it comes to financial regulation (see my post below), Paul Volcker is coming out strong for a much more rigorous set of regulations. Volcker ran the Federal Reserve...
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Are Businessmen Evil?
Jane Mayer’s article in the New Yorker about David Koch and his brother Charles and their massive funding of right wing political causes is an absolute must read. Regardless of political leaning, I...
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Links to Great Articles
Yves Smith on the macro effects of oversized Wall Street pay. I normally don’t love Paul Krugman, despite his Nobel Prize, since he is too strident and preachy and predictable, but this take on what...
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How Free Markets Should Work
If you really believe in the free market, you don’t think governments should bail out private entities. The whole essence of free marketeerism is the belief that markets will most efficiently allocate...
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Judge Richard Posner on Luck, Wealth and Taxation
First of all, how come nobody told me that Richard Posner and Gary Becker had their own blog? I have never referenced Becker in this blog, but he is a big hitter economist of the Chicago school. But I...
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Multinational Corporations and the American Commons
Harvard Business School recently launched what it’s calling the US Competitiveness Project, which is “a research-led effort to understand and improve the competitiveness of the United States.” To...
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