Assorted links

Earlier this week Cap’n Transit wrote about Tysons Corner in the context of the Silver Line TIFIA loan application and Tysons’ Smart Growth redevelopment. This development plan is something I am quite familiar with as it was the subject of my MA thesis, and his post brought to mind some of the weird issues in the plan.

There are two measures of fiscal policy: the sum total of everything a government does and the "ramp-up-the-spending-quickly" component which gets labeled "stimulus" by politicians and the media. In the blogosphere, economists argue mostly about the latter yet it is the former which is more important.  (On this question, among others, I credit Yglesias for being ahead of most of the economists.)

The post is here, excerpt:

|Peter Boettke|

|Peter Boettke|

1. Chuck Close and face blindness. 2. C'mon on, pick a number! 3. Economics of medical marijuana. 4. Free trade vs. protection, Gaza again.

1. Paul Krugman speaks to the Germans.  I enjoyed imagining this dialogue and don't forget this addendum.  For another point of view, Germany spending is not the cure. 2. The usefulness of "trembling hand perfection."