from What’s The Matter With Paul Krugman? by Steve Moore in The Investor’s Business Daily Excerpts: Krugman resorts to a line of argumentation that is all too typical of liberals: Cherry-picking a few events — the occasional high-tax state that
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from Mark Perry at Carpe Diem, Sorry Krugman, Piketty and Stiglitz: Income inequality for individual Americans has been flat for more than 50 years MP: This is a very important finding that: a) individual income inequality has been flat for more
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Economist John Cochrane writes in the Wall Street Journal, The Failure of Macroeconomics Excerpts: New Keynesian models have also produced attractively magical policy predictions. Government spending, even if financed by taxes, and even if completely wasted, raises GDP. Larry Summers
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From Daniel Greenfield a Frontpage, Poor Little Rich Liberals: The concentration of wealth around Washington D.C. is not the work of the Tea Party. It certainly isn’t something that the Koch Brothers did. It’s what happens around an imperial capital. It’s
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Jonah Goldberg writes Mr. Piketty’s Big Book of Marxiness in the July issue of Commentary. Excerpt: A third claim—one can’t call them arguments because they don’t rise to that level—is that the super rich will rig democracy to their advantage. This, too,
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The Myth of Capitalist Overlords
Jonah Goldberg writes Mr. Piketty’s Big Book of Marxiness in the July issue of Commentary. Excerpt: A third claim—one can’t call them arguments because they don’t rise to that level—is that the super rich will rig democracy to their advantage. This, too,