In his latest New York Times blog post, MIT professor and former chief IMF economist Simon Johnson fallaciously argues that those who oppose welfare are mean-spirited and bad at economics. After reading this post, you’ll see it is actually Johnson who is the bad economist.
The main problem with unemployment benefits, or government handouts, is…
Tag Archives | Simon Johnson
Welfare is Mean-Spirited and Bad Economics
MIT Economist, Former IMF Chief Engages Ron Paul on Banking and Makes an Interventionist Mistake
Ron Paul’s economic philosophy and book End the Fed got some crucial publicity and thoughtful debate on Saturday. Simon Johnson, MIT economist and former IMF chief-economist, wrote in the New York Times economics blog that more people should take Dr. Paul seriously. Unfortunately he advises Dr. Paul promote some very anti-free market, and counter-productive measures.…
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Reality TV Inventor Loses Big to ‘Buy American’ Fallacy
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Unlearning Economics
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MIT Economist, Former IMF Chief Engages Ron Paul on Banking and Makes an Interventionist Mistake
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The Monopoly Bogeyman
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How My Naïve Perception of the Economics Profession Eventually Changed
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Tenets of Economic Faith
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Economics as Religion: The Paradox of Self-Interest
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Waging War on Work
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The Dark Side of Monetary Inflation
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In Praise of Speculators
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Chris A: With due respect Nicholas, I think is has zero int...
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Nicholas Freiling: Chris, What effect do you think economic inter-...
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David: Doesn't the Fed increase the money supply by purc...
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