Krugman on the Attac

Here’s a letter that I just sent to the New York Times: Paul Krugman supports a “Tobin tax” as a means of reducing speculation (”Taxing the Speculators,” Nov. 27). Bad...

Good Deflation

George Selgin’s 1997 monograph (published by the IEA of London) Less Than Zero: The Case for a Falling Price Level in a Growing Economy is now available on-line.  What great news! With...

Perhaps Demand Curves Slope Upward to the Right – or, Alternative-Universe Economics

Here’s a letter that I sent yesterday to the New York Times: To combat unemployment, Paul Krugman supports “labor rules that discourage firing” (”Free to Lose,” Nov....

A Reflection on Insider Trading and Confidence in Markets

Here’s a thoughtful piece on the merits and demerits of criminalizing insider trading. Among the most common arguments made today in favor of the criminalization of insider trading (as opposed...

Milton Friedman on Health Insurance

Thanks to Carpe Diem’s Mark Perry for reminding us of Milton Friedman’s insights about the (il)logic of employer-provided medical insurance.