The Latest Reported Bankruptcy: Mainstream Economics January 9, 2009Robert Higgs Banks, home builders, and auto manufacturers are not the only ones going belly-up these days. If we may credit Louis Uchitelle’s […]
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Military Keynesianism to the Rescue?
Military Keynesianism to the Rescue? January 2, 2009Robert Higgs Writing in the Wall Street Journal on December 24, 2008, Martin Feldstein gives us an article entitled “Defense Spending Would Be Great Stimulus.” The […]
Read moreDisgusting Political Humbug
Disgusting Political Humbug December 15, 2008Robert Higgs Turned away by the Senate, the Big Three auto makers have resorted to begging the Bush administration to rescue them from the plight in […]
Read moreFinancial Market Panic Unjustified
Financial Market Panic Unjustified November 19, 2008Robert Higgs The conventional wisdom, as President-elect Barack Obama told 60 Minutes viewers Sunday night (Nov. 16), is that “banks aren’t lending.” But as […]
Read moreAre We There Yet, Are We There Yet?
Are We There Yet, Are We There Yet? Let’s Check Marx and Engels’s List November 10, 2008Robert Higgs Reading the news has been exciting lately. Hardly a day passes without the announcement […]
Read moreMongers of Fear
Mongers of Fear October 31, 2008Robert Higgs Robert Higgs’ scholarly specialty has been the study of how government grows exponentially in times of real or exaggerated crisis and rarely returns to […]
Read moreEvery Crisis Becomes a Carnival of Opportunism
Every Crisis Becomes a Carnival of Opportunism October 27, 2008Robert Higgs As the financial crisis deepens and widens, a horde of supplicants is converging on the Treasury. Each of them has […]
Read moreA Gigantic Armed Robbery
A Gigantic Armed Robbery October 20, 2008Robert Higgs Amid the astonishing details of the Fed’s fierce money pumping, the Treasury’s partial nationalization of the banking industry, and the madcap exchange of […]
Read moreThe Great Escape from the Great Depression
The Great Escape from the Great Depression October 8, 2008Robert HiggsThe Freeman Questions about the Great Depression may be usefully framed as pertaining to three distinct issues: the Great Contraction, […]
Read moreThe Bailout of Abominations
The Bailout of Abominations October 6, 2008Robert Higgs As a rule,we may assume that any statute containing the word “emergency” in its title, preamble, or statement of purposes is a […]
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