…as though they refer to two non-intersecting worlds, whereas in fact the opposite is true. Workers pay into Social Security to support current workers who paid into it in the…

GE stock performance under Jeff Immelt, with market indices: More later……

…posible current worlds. But a positive social aspect is not part of the NeoKeynesian** cant, so you end up, effectively, declaring (for instance) that Gary Becker is wrong and discrimination…

…system we have now. Our medical system without reform combines the worst of all possible worlds–very high cost (much more costly than those of our peers like Canada) and mediocre…

…own circle of reality is at the table of the worlds circle of reality. Think there is not going to be some major crashes? Even Carl Rove understood the danger…

…it turns out so far that we’ve observed a top marginal rate of 35% in the real worlds six times, and the average growth rate of real GDP during those…

…not saying that the path to economic nirvana runs along the road of the worlds top 400 billionaires deciding to spend $150,000,000 each on fine art, or collectible stamps or…

…are rational. I will try in these cases, but first stress I am not criticizing Zywicki’s post. The questions don’t include qualifiers as in “must in all imaginable worlds” They…

…saying “this is the best of all possible worlds.” You can’t improve on equilibrium unless you choose a non-Pareto-optimal solution (i.e., a solution in which at least one person is…

…Best of All Possible Worlds while Finance never is; how tax and regulatory arbitrage drives structures and products; how transaction costs are never minor; how intermediation drives investment in specific…