US Manufacturing Quiz

Don Boudreaux has this quiz testing your knowledge of US Manufacturing and challenging the conventional wisdom of doomsayers.
1)     In what year did U.S. Manufacturing output reach its all-time peak? 
a.     1966   b. 1976   c. 1986   d. 1996   e. 2006
2)     In what year did U.S. Manufacturing […]

Peter Boettke FTR from Being Optimistic

“things are getting better all the time and the march toward greater freedom and prosperity is almost inevitable. The key word there is “almost”.
The way I see things, as long as Smithian gains from trade and Schumpeterian gains from innovation outpace statist stupidity, tomorrow’s trough will be higher than today’s peak. We will […]

Pro Athletes who Failed to Refrain from…

having illegitimate kids.
A nice list, but is it right or wrong?  Who’s to say?
Discuss amongst yourselves.

Naming FTR

When Jeff and I were thinking up names for Failure to Refrain, we might have looked at this automatic name generator.
Conceivably appropriate names might have been:
1.  Tricky Cost
2.  Acute Shock
3.  Annoying Flake (my last name is Snow)
4.  Offensive Purple Hunk
5.  Homogenized Hissyfit
and, in retrospect, Conceivable Appropriate might have worked as well.
just keep hitting the Reload […]

How to help the world’s poor

I’ve been reading some papers about growth economics lately, and I am left scratching my head as to why none of these writers ever read Hayek’s The Use of Knowledge in Society.  He only got a Nobel Prize…
But, at least they are using economics.
Jan Egeland apparently doesn’t know anything about economics, but he’s got some […]

What’s In Your Wallet, Part Deux…

How much money do you have, really?
 
When applying for a loan, a mortgage for example, people have an incentive to overstate their income.  They will include in their statement expected gifts, bonuses, bake sale –earnings, probability that Aunt Edna will die, etc.  This is so they can get a bigger loan.
 
When filing for income taxes, […]

Bryan Caplan FTR from Calling You a Bonehead

But, he’s probably right.
Somebody grab me a copy of this.  And read it aloud because I only have time for this stuff while I’m driving now…
Arguably the best criticism of Caplan attacks his condescension of the voter.  Sam does a good job of it here, in the comments.

The World Is More Free, Economically

A major publication is now out.

The Government has failed to refrain from getting the weather wrong

Via one of our favorites, Lott describes how private forecasters get it right more often than Uncle Sam.
Gavel bang to Newmark’s Door. 

What’s In Your Wallet? Caplan and Mankiw want to know…

How much money do economists keep in their pockets? The debate rages at EconLog.
Oooh wait! Mankiw opened his billfold and found, what else? A textbook…
Well, now… The gang’s ALL here.  If you’re not carrying cash, what’s your Inner Economist got in his wallet?

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