Ab-Norm-al Econ

Thursday, October 31, 2013

How Money Can Buy Happiness

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This article (via Manan Shukla),  describes some the ways that money does not buy happiness and suggests that there is one way that money ca...

The Myth of Exploding Federal Spending On Safety Net Programs

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The other myth that is widely believed by a part of the public is that spending on social safety net programs for those with low incomes h...

The Myth Of The Exploding Federal Government

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One of the most common myths that we hear from tea partiers, and their teachers at Fox News etc., is that the federal government is growin...
Wednesday, October 30, 2013

The Culture War In A Different Era

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This article (via Manan Shukla) provides a fascinating description of the CIA' s exploitation of modern art during the cold war with the...
Tuesday, October 29, 2013

Are Growthism And Capitalism Really Different?

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This article on the Harvard Business Review blog looks at many of the bad things that are happening in our economy and in our society and i...
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Monday, October 28, 2013

Robert Samuelson Tells Us That The Great Moderation Caused The Great Recession

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There is a relationship between periods of prosperity and the willingness of investors and businesses to take risk.  During periods of prosp...
Sunday, October 27, 2013

Robert Shiller Comments On Winning Nobel Prize Along With Eugene Fama

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There has been a lot of discussion about the award of Noble Prizes this year to two economists who have very different theories about the ef...
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