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24 matches for 'david henderson'

• SuperFreakonomics, III

  —EconLog

  (November 24, 2009 01:56 PM, by David Henderson) This is my third post (see the first two here and here) on Levitt and Dubner's SuperFreakonomics. Chapter 3 is one of my favorite chapters in the book, for one main reason: the way it deals with the Kitty Genovese... [...]

  Posted: November 24, 2009, 8:56am EST
  by David Henderson

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• The Right Minimum Wage Question

  —EconLog

  (November 22, 2009 01:52 PM, by David Henderson) Like Bryan, I received the same request from the same friend: what question(s) would I want to put on a survey of economists. My response was that I would want the question on the minimum wage asked accurately instead of... [...]

  Posted: November 22, 2009, 8:52am EST
  by David Henderson

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• Me on Market Wrap

  —EconLog

  (November 20, 2009 02:25 PM, by David Henderson) I just completed an interview with Moe Ansari of Market Wrap. We talked about the current recession, the health care bill, and various other things. If you want to listen (I think you'll hear an edited version but they might...' [...]

  Posted: November 20, 2009, 9:25am EST
  by David Henderson

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• International Trade Economists are Bayesians

  —EconLog

  (November 18, 2009 01:41 PM, by David Henderson) In Bryan's excellent recent post on why most economists aren't Bayesians, he writes that the position of economic theorists is: If no one has proven that Comparative Advantage still holds with imperfect competition, transportation costs, and indivisibilities, only an ignoramus...' [...]

  Posted: November 18, 2009, 8:41am EST
  by David Henderson

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• An Apology

  —EconLog

  (November 16, 2009 09:35 AM, by David Henderson) In my post yesterday, which I wrote in haste--generally a bad idea--I called former President Bush "a joke." I was expressing my frustration at his willingness to talk a good game but not to play a good game. But we... [...]

  Posted: November 16, 2009, 4:35am EST
  by David Henderson

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• Bush Admits His Errors

  —EconLog

  (November 15, 2009 02:55 PM, by David Henderson) In a speech last week, former President George W. Bush admitted that he had erred in imposing new layers of regulation on the U.S. economy. Here's the news story: Former President George W. Bush, outlining plans for a new public... [...]

  Posted: November 15, 2009, 9:55am EST
  by David Henderson

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• FDA May Decide to Raise Transactions Costs

  —EconLog

  (November 14, 2009 04:26 PM, by David Henderson) That's not the headline, of course. The headline in the New York Times is, "F.D.A. Says It May Ban Alcoholic Drinks With Caffeine." When I read it, I thought, "Oh, no. The FDA is about to ban rum and coke."... [...]

  Posted: November 14, 2009, 11:26am EST
  by David Henderson

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• Did Oil Price Increases Contribute Much to Stagflation?

  —EconLog

  (November 13, 2009 02:57 PM, by David Henderson) Mankiw's Text Hints at Yes, But The Answer is No One of the standard claims made about the 1970s is that a major contributor to inflation and low growth was OPEC. In his excellent textbook, Macroeconomics, 6th ed., for example,... [...]

  Posted: November 13, 2009, 9:57am EST
  by David Henderson

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• Maine's Pelosi/Baucus Care

  —EconLog

  (November 11, 2009 11:05 AM, by David Henderson) An excellent news story in today's New York Times highlights the problems with government regulation of health insurance in Maine, problems that, the reporter notes, would likely occur if the U.S. Senate's and the U.S. House of Representatives' versions of...' [...]

  Posted: November 11, 2009, 6:05am EST
  by David Henderson

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• Israel's Nasty Minimum Wage

  —EconLog

  (November 9, 2009 10:48 PM, by David Henderson) The government is considering establishing work camps in the south of the country, where illegal migrant workers will receive shelter, food and medical care, Army Radio reported Wednesday. In exchange, illegal migrants would perform manual labor outside the camps, but... [...]

  Posted: November 09, 2009, 5:48pm EST
  by David Henderson

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• Mises in the Wall Street Journal

  —EconLog

  (November 9, 2009 12:27 PM, by David Henderson) Mark Spitznagel has a piece in the Wall Street Journal on Ludwig von Mises' classic book, The Theory of Money and Credit. It's good that Spitznagel is calling our attention to this classic, which is still worth reading. But he...' [...]

  Posted: November 09, 2009, 7:27am EST
  by David Henderson

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• Stiglitz and Orszags on Fannie Mae

  —EconLog

  (November 8, 2009 01:23 PM, by David Henderson) The paper concludes that the probability of default by the GSEs is extremely small. Given this, the expected monetary costs of exposure to GSE insolvency are relatively small -- even given very large levels of outstanding GSE debt and even... [...]

  Posted: November 08, 2009, 8:23am EST
  by David Henderson

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• A Child Understands the Fall of the Wall

  —EconLog

  (November 7, 2009 01:50 PM, by David Henderson) As Bryan has mentioned, Monday, November 9 will be the 20th anniversary of the fall of the Berlin Wall. In Chapter 3 of my book, The Joy of Freedom: An Economist's Odyssey, I tell that story and integrate it with... [...]

  Posted: November 07, 2009, 8:50am EST
  by David Henderson

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• Arnold Kling on Money

  —EconLog

  (November 6, 2009 12:45 PM, by David Henderson) In his post today on money, Arnold writes: However, as you know, I prefer to think of money as designed top down, to serve the needs of government. But shouldn't what you "prefer to think" count for literally zero? What...' [...]

  Posted: November 06, 2009, 7:45am EST
  by David Henderson

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• Government Protects People from Preying Contractors

  —EconLog

  (November 5, 2009 05:53 PM, by David Henderson) The Broward Sherriff's Office is engaging in entrapment operations to catch unlicensed contractors. On this tape, at about the minus 1:45 point, Detective Daniel Belyeu explains that right now many people are desperate for work. His solution? Make them more... [...]

  Posted: November 05, 2009, 12:53pm EST
  by David Henderson

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• Law and Order's Economics

  —EconLog

  (November 5, 2009 04:24 PM, by David Henderson) My student, Mike Williams, sent me the following last night: I don't know if you watch Law and Order Special Victims Unit but they had a rather frustrating take on the pharmacutical companies tonight. In the episode one of their...' [...]

  Posted: November 05, 2009, 11:24am EST
  by David Henderson

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• Armen Alchian

  —EconLog

  (November 4, 2009 04:22 PM, by David Henderson) In this month's Featured Article, Fred McChesney pays tribute to the work of Armen Alchian and makes the case that he deserves the Nobel prize in economics. I already knew most of what McChesney writes because, after all, I studied... [...]

  Posted: November 04, 2009, 11:22am EST
  by David Henderson

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• I Optimized

  —EconLog

  (November 4, 2009 11:22 AM, by David Henderson) One of the conclusions that emerges from "thinking on the margin," one of the Ten Pillars of Economic Wisdom that I teach my students, is that just as you shouldn't underinvest in something, so also you shouldn't overinvest. In fighting... [...]

  Posted: November 04, 2009, 6:22am EST
  by David Henderson

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• My Speech in Denver on Monday

  —EconLog

  (October 30, 2009 05:34 PM, by David Henderson) This coming Monday, November 2, I'll be giving a talk at the Metropolitan State College of Denver. Title: What Health Economists Know that Obama Doesn't Want You to Know. Details here.... [...]

  Posted: October 30, 2009, 1:34pm EDT
  by David Henderson

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• Politics for Kids

  —EconLog

  (October 29, 2009 09:48 PM, by David Henderson) A few weeks ago, Carl Mounteer, a local lawyer, and I were invited to present our views on a local tax issue to the Monterey County Weekly, the local left-wing weekly. Carl and I had written the ballot argument against... [...]

  Posted: October 29, 2009, 5:48pm EDT
  by David Henderson

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• Pseudo-Competition

  —EconLog

  (October 26, 2009 12:58 PM, by David Henderson) The congressional leadership has been very vocal lately about the need for competition in health insurance. These are people who have previously never had a good word to say about "competition" in their entire political careers. They are the very... [...]

  Posted: October 26, 2009, 8:58am EDT
  by David Henderson

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• Tyler's Triple on Health Care

  —EconLog

  (October 25, 2009 09:54 AM, by David Henderson) Hey, it's baseball playoff time and the article is in the New York Times and so of course I'm going to use a baseball metaphor. In his column today, Tyler Cowen addresses many of the problems with having government mandated...' [...]

  Posted: October 25, 2009, 5:54am EDT
  by David Henderson

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• SuperFreakonomics, II

  —EconLog

  (October 23, 2009 11:48 PM, by David Henderson) As I work my way through SuperFreakonomics, I'm starting to take back my claim that it's better than Freakonomics. It seems to have the same strength and the same weakness. The strength is its focus on incentives and facts to...' [...]

  Posted: October 23, 2009, 7:48pm EDT
  by David Henderson

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• Anderson on Enron

  —EconLog

  (October 23, 2009 12:14 PM, by David Henderson) One of the views I had accepted uncritically is that all of the people at Enron charged with crimes really were guilty. But Bill Anderson's interesting article today questions some of that. Also, he points out that Fortune reporter Bethany... [...]

  Posted: October 23, 2009, 8:14am EDT
  by David Henderson

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