I think most non Keynesian's don't believe in C + I + G and the multiplier effect And they think cutting govt spending (G) is the only solution for economic growth And most non Keynesian's seem to have never heard the term fiscal drag....

No one linked to shadowstats.com!!! Awesome.... :) Those that claim that the govt "fudges" the CPI report can never explain why the CPI is pretty much in line with the Billion Prices Project..... http://bpp.mit.edu/usa/

Love the paper topic!!!!

@Dave====> As an avid knife collector, the current knife fear craze that is sweeping the UK is fascinating. I wonder if Prof Becker's beliefs equally apply to knife control? I would think so.... I don't think banning knives in The UK will have any significant effect on the over all crime rate. The knife fear craze in The UK is fueled by the media...IMHO And it will probably happen here in The U.S. too. All it is gonna take is one high profile knife killing(s) and they will start trying to pass knife laws here. :( http://www.akti.org/ (Sorry for the comment drift. I do see a lot of analogies between knife control in The UK and gun control in The U.S., though....)

Great essay. The final paragraph sums it up pretty well. I totally agree.

Why is morality being discussed with economics? ;) Makes no sense...... "For these reasons, I am increasingly of the view that redistribution of income is the only answer to our inequality problem." I am increasingly of the view that income redistribution will limit my choices and freedoms.....