Yo-Yo Economics?

LAST week's print edition features an analysis of a survey we conducted of top American economists in advance of the presidential election.

It’s a sign of the times that a reputable economist, Dean Baker, can use the word “corruption” in the headline of an article describing two major trade deals under negotiation and no one bats an eye.

|Peter Boettke|  

Brad DeLong: The Benefits of Free Trade: Time to Fly My Neoliberal Freak Flag High!: I think Paul Krugman is wrong today on international trade. For we find him in “plague on both your houses” mode. ... [see here and here]

|Peter Boettke|

Submitted by Axel Merk via Merk Investments, Is gold, often scoffed at as being an unproductive asset, more productive than cash? If so, what does it mean for asset allocation?

|Peter Boettke| Carol Graham has a recent opinion article "America's Broken Dream" which hones in on the status of economic opportunity in the US economy.  She argues that:

"We have been taught that meritocratic institutions and societies are fair" said Ben Bernanke recently. It's a view that seems widely held. In his effort to defend (pdf) the 1% Greg Mankiw suggests that a big reason for increased inequality is that: