Economic Debates

Most economic decisions can be debated. We have to decide whether we want higher or lower taxes, where to cut government spending, whether the deficit matters, if a business should have more regulation, if marginal analysis should affect environmental regulation. Learning about economics involves defending policy alternatives.

  • The Congress and the Deficit

    A New Kind of Keynesian?

    Apr 2, 12 • 663 Views • No Comments

    Reading about John Maynard Keynes’s investing acumen in last Saturday’s Wall Street Journal, I wondered whether being a Keynesian could involve more than your attitude about the role of government. So, as a teacher, I created this “Am I a......  [read more]

  • Industries afflicted with Baumol's Disease have slower productivity growth.

    Should Supreme Court Justices Know Economics?

    Apr 1, 12 • 378 Views • No Comments

    Just some thoughts today about economics and the Supreme Court. Listening to Tuesday’s oral arguments,  I became concerned about some economic basics. Markets and insurance were key ideas. However, no one defined a market and insurance was initially......  [read more]

  • Our Transportation Infrastructure is Crumbling

    A Low (Safety) Grade For a New Jersey Roadway

    Mar 31, 12 • 555 Views • No Comments

    I have to admit that the Pulaski Skyway terrifies me. Driving across it, I always remember the Minneapolis bridge that collapsed during rush hour in 2007. The Pulaski Skyway is an 80-year-old rickety looking structure. A sister to the Minneapolis bridge, the......  [read more]

  • 16750_SupremeCourt.11.16_000002592980XSmall

    Supreme Court Laughter

    Mar 30, 12 • 442 Views • No Comments

    Using transcripts that say (Laughter) when some levity enters the proceedings, one legal scholar has concluded that the Supreme Court averaged 1.027 laughs per oral argument. The funniest justice is Anton Scalia who holds the record with a total of 77......  [read more]

  • Scale for weight..2.16.12_000016156464XSmall

    Health Care Costs

    Mar 10, 12 • 545 Views • No Comments

    Looking forward to your daily Double Chocolaty Chip Frappuccino, you see that the calorie count sign says 500 calories. Change your mind? Most studies indicate that knowing a calorie count has little if any impact on purchasing decisions. Then, you stroll to......  [read more]