Economics Is Not A Morality

Not All Private Equity People Are Evil. Only Some.

Europe Is Often Held Up As A Cautionary Tale, A Demonstration That If You Try To Make The Economy Less Brutal, To Take Better Care Of Your Fellow Citizens When They're Down On Their Luck, You End Up Killing Economic Progress. But What European Experience Actually Demonstrates Is The Opposite: Social Justice And Progress Can Go Hand In Hand.

Outrageous Fiscal Mendacity Is Neither Historically Normal Nor Bipartisan. It’s A Modern Republican Thing.

On The Political As On The Economic Front It's Important Not To Fall Into The "not As Bad As" Trap. High Unemployment Isn't O.k. Just Because It Hasn't Hit 1933 Levels; Ominous Political Trends Shouldn’t Be Dismissed Just Because There’s No Hitler In Sight.

Generous Unemployment Benefits Can Increase Both Structural And Frictional Unemployment. So Government Policies Intended To Help Workers Can Have The Undesirable Side Effect Of Raising The Natural Rate Of Unemployment.