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Posts under ‘Comments’

Response to Gary Williams on Health Care

Response to a comment made to a previous article.

There is no hope…

Paul Krugman shows his colors, and many of his readers don’t have any clue on economic theory or logic.

Wikipedia

On Wikipedia’s accuracy and its objectives.

European Wealth

Comparisons between Europe and the United States are difficult to make, because different European countries have different standards of livings, different purchasing powers, et cetera. These comparisons are nearly useless.

Football, Human Action and Economic Planning

Football is an example of human action outside of the field of economics. Like human action in economics, central planning and coordination cannot produce the same results, and usually only handicaps those teams which use these type of managerial tactics.

Positivism, Statistics and Questionable Accuracy

Scholars who rely on empiricism should take more time to review the accuracy of their statistics, otherwise they risk spreading false information, and as a result false conclusions. This could lead to severely damaging effects on general economic thought and theory.

Krugman on Stimulus Size

An argument that theory has always, and will always, be superior to empiricism, as a response to Krugman’s most recent blog post.

Bubble Economics

A comment on Paul Krugman’s post on the housing market, interest rates and Ben Bernanke. By looking at irrelevant statistics one does nothing to avert future crises of the same nature—credit bubbles do not only form in housing.

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