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Entries from January 2012

More Ammo for Mankiw: How Inflation Spikes Cap Gains Rates

January 30th, 2012 · No Comments · Economics

Man of good faith and reason can differ on what an appropriate rate of societal wealth appropriation and redistribution is — but the recent volleys back and forth on the Romney tax rate have me scratching my head over the approach taken by many in the collectivist camp. Normally I’d say one’s level of outrage […]

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Don Boudreaux on the Krugman Brand Proposition

January 29th, 2012 · No Comments · Economics

I’ve had this queued up for some time, but Krugman’s recent assertions (and subsequent backpedaling) about capital gains taxation inspired me to take this live. This is perfect. As Boudreaux tackles the question “Who is today‚Äôs Bastiat?” as proposed by David Henderson, he puts forth the best description I’ve heard yet of what Paul Krugman […]

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Pharmaceutical Prices Too High? Don’t Blame the Market

January 2nd, 2012 · No Comments · Economics, Iatrogenesis

It’s not just housing bubbles that are caused by good intentions and market intervention. Mungowitz reports on yet another prime example of Soviet-style meddling in the U.S. pharmaceutical market. While the Food and Drug Administration monitors the safety and supply of the drugs, which are sold both as generics and under brand names like Ritalin […]

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