…freshwater economics, still claim that all we need to do is starve the beast more, cut taxes and regulations more and economic growth will take off and take care of…

…the GOP attempt to label the Dems as the tax-and-spend party, the GOP turned out to be the tax-cut-and spend-anyway party. Government grew under Bush, even while revenues shrank. The…

…argument by Bryan Caplan of George Mason University, who blogs at econlog.org. He recently argued that the decade of 1870’s was the peak for Libertarian freedom and economics. Maybe, but…

William Polley wonders out loud as well: The WSJ Real Time Economics Blog opens a post with this: “Back in 2003, when the Federal Reserve cut interest rates to 1%,…

Moderately Positive Outlook? CNN has a story, “Mañana economics: Economists keep saying the sun will come out tomorrow … and tomorrow … and tomorrow.” Here’s the outlook: GDP actually grew…

It’s really hard to kill this meme. Note the label on this graph from today’s Free Exchange post: Now change that heading to read “Business borrowing.” Sort of gives a…

…some doubt on the usefulness of such labeling. For example, the label “cyclical” often implies — whether implicitly or explicitly — that declines in the participation rate explained by “cyclical”…

…element, which is that Wall Street is getting yet another subsidy or back-door bailout. Today’s example is HR 37, with the Orwellian label “Promoting Job Creation and Reducing Small Business…

…label of the “fixed work-fund fallacy” and then the “Theory of the lump of labour.” In denunciations of the lump-of-labor fallacy, it has become fashionable recently to appeal to the…

…Wiers, who bought five acres here in 1896, noting that he considers many workers at Wiers Farms, which cultivates more than 1,000 acres of produce under the Dutch Maid label,…