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Mankiw makes no sense whatsoever. From the beginning, the textbook example alone is flawed in that it illustrates that "competition" doesn't help lower prices since its not like the purchasers of the textbooks, students, have any choice in the matter. Same for most government services.
Commented Apr 16, 2012 on I See No Way to Read This from Greg Mankiw Other than as the Strongest Possible Endorsement of Obama and the Democrats at Grasping Reality by Brad DeLong
I See No Way to Read This from Greg Mankiw Other than as the Strongest Possible Endorsement of Obama and the Democrats
Mankiw claims that you should vote for the Republicans and Romney only if you think that social insurance is simply not a legitimate governmental function. That is by far the strongest endorsement of the Democrats and Obama I have yet seen: >Greg Mankiw: Economic View: If the government’s job i...
I'm glad you decided to set the record straight!
Commented Nov 4, 2010 on Which witch is which? Wiccans aren't sure when it comes to Christine O'Donnell. at RepMan
Which witch is which? Wiccans aren't sure when it comes to Christine O'Donnell.
The following is a special election eve guest blog from friend and former co-worker, Peter Engel. Peter once dated a witch and, if given the chance to debate Delaware Tea Party candidate Christine O'Donnell, tells me he'd confront her with the following riff on Lloyd Bentsen's classic remark t...
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