Yo-Yo Economics?

Thu, 04/26/2012 - 19:04 EDT - Forbes.com - Top Stories

In a free-market economy, individuals prosper to the extent that they contribute economic value to others. To Obama and his ideological kindred, social justice consists of government overseeing a compulsory redistribution of property from the productive to the unproductive.

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18/2/15: A Tale of Two Capitalisms & Economics Education
A recent paper by Bennett, Daniel L., titled "A Tale of Two Capitalisms: Perilous Misperceptions About Capitalism, Entrepreneurship, Government, and Inequality" (December 11, 2014, http://ssrn.com/abstract=2537118) examined "two widely held perceptions about capitalism, challenging the popular view that capitalism is a villainous perpetuator and government a saintly corrector of cronyism and inequality".
In their own words (China, the Fed, economic team, etc)
LAST week's print edition features an analysis of a survey we conducted of top American economists in advance of the presidential election.
Secret “Free Trade” Negotiations Will Gut Regulations, Further Enrich Multinationals and Big Financial Firms
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.
Bank of Canada Shuts Out Free Market Economists from Key Policy Conference
'The Benefits of Free Trade: Time to Fly My Neoliberal Freak Flag High!'
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]
The Laws of Economics Do Not Stop at Borders and Do Not Face an Expiration Date
|Peter Boettke|
Liberty and Equality in Political Economy
|Peter Boettke|
Gold More Productive Than Cash?!
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?
When’s your most unproductive point of the day
The study by business property experts LondonOffices.com, asked 420 workers to cite the time they felt they were at their least productive. The average time was then taken. Workers claimed around this time they suffered from a post lunch lull but said a strong coffee or bar of chocolate often got them on the move again. Some confessed to using this time to check their social media profiles whilst other said it was when they started planning their evening’s activities.
Meritocracy & justice
"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:

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