If anyone were so foolish that he or she doubted the seriousness of our economic condition, then grim statistics will sweep away all uncertainty. Nearby Janesville now has an unemployment rate of 13 percent, the highest in all Wisconsin. The story’s at the Gazette: http://gazettextra.com/news/2009/mar/26/areas-unemployment-rate-tops-state-keeps-climbing/
Economy
Economy
Keynesians — Still as Wrong as Ever!
by JOHN ADAMS •
Over at Cato’s website, there’s a post from Daniel J. Mitchell on how, despite the rush to spend and tax our way to prosperity, it’s clear Keynesian economics is, still, bad economics. Who, by the way, said we’re all Keynesians now? That’s right, the man who was wrong about almost everything — Richard Nixon. Goldwater…
Economy, Free Markets, Libertarians
Reason.tv: Economist Lee Ohanian Explains the “Bailout Puzzle”
by JOHN ADAMS •
Note 1: Ohanian and colleague Harold Cole calculated in 2004 that “FDR’s policies prolonged Depression by 7 years,” as announced in a UCLA press release. Note 2: The actual study — not a press release — is considerable. Although the University of Chicago’s online version of the Journal of Political Economy is a subscription-only journal,…
Economy, Free Markets, Libertarians
Reason.tv Asks: “Where’s My Bailout?”
by JOHN ADAMS •
Economy, Free Markets
Fortune Comes Around on the Bailout
by JOHN ADAMS •
In September, it was “Paulson to the Rescue,” and Fortune asked: “The Steely-Eyed Treasury Chief is Betting Billions on Bailouts. Can He Save Us from a Meltdown?’ Now, in November, Fortune sees something different when it asks, “Who Pays for the Bailout? You Do, Of Course!” “Of Course!” Wait, wait, wait — you breathless cheerlearders…
Economy, Free Markets, Libertarians
Saving Social Security: Run, Sonny, Run
by JOHN ADAMS •
Here’s the final segment of a five-part series from Reason.tv entitled, Saving Social Security. The animated video comes from Lineplot, a company that creatively describes financial topics. I posted the first of the series, Pimp My Walker, on October 4th, the second part, Boom Baby Boom! on October 11th, the third, Policy Warrior on October…
Economy, Free Markets, Libertarians
Saving Social Security: Broken Trust
by JOHN ADAMS •
Here’s the fourth part of a five-part series from Reason.tv entitled, Saving Social Security. The animated video comes from Lineplot, a company that creatively describes financial topics. I posted the first of the series, Pimp My Walker, on October 4th, the second part, Boom Baby Boom! on October 11th, and the third, Policy Warrior on…
Economy, Free Markets, Libertarians
Saving Social Security: Policy Warrior
by JOHN ADAMS •
Here’s the third part of a five-part series from Reason.tv entitled, Saving Social Security. The animated video comes from Lineplot, a company that creatively describes financial topics. I posted the first of the series, Pimp My Walker, on October 4th, and the second part, Boom Baby Boom! on October 11th.
Economy, Free Markets, Libertarians
Reason‘s Carnival of Posts Against the Bailout
by JOHN ADAMS •
Reason has a fine, single post linking to their many posts and videos against the federal bailout. The post is entitled, “Read Up on the Bailout and More Before Monday’s Opening Bell Signals More Losses!” It lists nearly twenty posts against the bailout, making a sound case against significant expansion of federal power. Among them…
Economy, Free Markets, Libertarians
Saving Social Security: Boom Baby Boom!
by JOHN ADAMS •
Economy, Free Markets, Libertarians
Saving Social Security: “Pimp My Walker”
by JOHN ADAMS •
City, Development, Economy, Free Markets, University
Student Housing in Whitewater: Our Mistaken and Repetitive Approach
by JOHN ADAMS •
There are two stories from yesterday’s Janesville Gazette that describe the pressures of student housing: Students Spread Out in Whitewater City, School Address Housing Concerns. The stories ably describe arguments that residents of Whitewater have have made against student housing for years with no change in demand. I certainly don’t believe that demand for student…
Economy, Free Markets, Libertarians, Planning
A Libertarian Perspective on Energy Costs
by JOHN ADAMS •
Development, Economy
What the Progressives in Whitewater Don’t Have
by JOHN ADAMS •
I wrote a post reflecting on the election results in Whitewater, and one thing stood out to me: progressives have done well in the city on statewide referenda and races. That’s why I pointed out that Although I am not always in agreement with the progressives, it’s easy to see that they are increasingly successful…
