Showing posts with label Arnold Kling. Show all posts
Showing posts with label Arnold Kling. Show all posts
Tuesday, May 26, 2015

Arnold Kling: The Economy is Not ONE Big GDP Factory

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More on the GDP Week. Blogger and Adjunct Scholar for the Cato Institute, Arnold Kling , writing at the Econolog (Library for Economics a...
Thursday, July 25, 2013

Quote of the Day: The main difference between non-profit and for-profit

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The main difference between non-profit and for-profit is that non-profits are accountable to donors and for-profits are accountable to cus...
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Friday, July 12, 2013

Quote of the Day: Quackroeconomics

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In discussions of macroeconomic policy in Washington and in the press, these four propositions are taken as given: ( S ) S pending is ...
Saturday, April 06, 2013

Quote of the Day: Credit Allocation Determined by World’s Bank Regulators

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The financial crisis served to differentiate two types of investments–the ones that get bailed out and the ones that don’t. Investors natu...
Thursday, February 07, 2013

Quote of the Day: Protection-Racket Capitalism

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Let’s see. 1. The Justice Department is suing a rating agency (Standard and Poor’s). The rating agencies are creatures of the SEC (whi...
Monday, March 19, 2012

Quote of the Day: Central Banking Crony Capitalism

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The second point made in the classic video is that open market operations are a handout to the dealer banks. Suppose the government is go...
Sunday, January 15, 2012

Quote of the Day: Why Government is Not Private Business

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From Professor Arnold Kling , In business it is actually really hard to get people to do what you want. In fact, understanding that fac...
Saturday, December 10, 2011

Quote of the Day: Business Value of Austrian Economics

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I came to Austrian economics because that is how business in the real world felt to me. Bingo! Professor Arnold Kling captures the e...
Friday, October 14, 2011

Quote of the Day: Sargent-Sims knees the groin of Hayek

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From Professor Arnold Kling on the 2011 Nobel Prize winners Thomas J. Sargent and Christopher A. Sims, (bold emphasis mine) Rational ...
Saturday, August 13, 2011

Quote of the Day: Path Dependency

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From Professor Arnold Kling , …most respectable people think that Bernanke and Paulson and TARP and such SAVED THE WORLD, and so that i...
Saturday, August 07, 2010

Graphic: Recalculation Theory

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Jessica Hagy calls her splendid and evocative piece of graphic as “ Somebody has to do something! ” Whereas my interpretation of this is...
Thursday, September 10, 2009

The Myths of Deregulation and Lack of Regulation As Causal Factors To The Financial Crisis

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Professor Arnold Kling, former economist on the staff of the board of governors of the Federal Reserve System and also a former senior eco...