rdanChild Labor Through the Strange Filter of Orthodox Economics Peter Dorman at Econospeak notes that our official line concerning child labor in international trade has little research to back it up, and tends to always say ‘don’t mess with trade’: There is much to endorse in the innards of the argument made by Matthias Doepke […]
by reader ilsm The Tanker Saga, Continued, New York Times Oct 8 2009: Trying to recover from past mistakes, the Pentagon has initiated a third competition for a new Air Force midair refueling tanker. After two bungled attempts, defense officials, contractors and Congress really need to get it right this time. [snip] Another unresolved competition […]
by cactus Time to End Regulatory Capture of the USDA by the Meat Packing Industry A couple years ago, I had a post looking at particularly egregious case of regulatory capture. I noted that the gubmint refused to allow a small meat packing company to test all of its beef for mad cow disease. The […]
About Angry Bear Angry Bear 2009: The Wall Street Journal, 24/7 Wall Street and Time CNN named Angry Bear among the top 25 independent economic blogs on the net. As quoted at CNN “… Angry Bear is the product of a half dozen Ph.D economists, an historian, and financial professionals. The writers provide individual perspectives […]
by guest poster Gavin Kennedy (Rdan-A reader comments on the Research Agenda post on Adam Smith. The comments could not handle the volume of text, so I took the liberty of putting up the comment and the response. Good work guys): The reader suggests Mr. Gavin consider the following quote and his explanation:Adam Smith in […]
cross posted with Gavin Kennedy Rdan here…Gavin Kennedy in his blog Adam Smith’s Lost Legacy notes how the ‘invisible hand’ is used in modern economics and especially the media, and begins to lay out the challenge. The entire post follows: Monday, October 05, 2009 A Research Agenda “Even Adam Smith, the canny Scot whose monumental […]
by RebeccaCross posted from Newsneconomics These are interesting times in global economics, especially from the policy perspective. And although there was a sense of global urgency across the G7 (Canada, France, Germany, Japan, Italy, UK, and US) and the G5 (Brazil, People’s Republic of China, India, Mexico, and South Africa) late in 2008 and early […]
by Tom aka Rusty Rustbelt Medicaid Dilemmas – Part 1 Medicaid is a federal/state program covering poor people, with general services for all ages and long-term care (nursing home) services for the indigent elderly. State budgets are extremely tight, and many states are cutting reimbursements, including nursing home reimbursements. The majority of long-term nursing home […]