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« Under the Category of Advice to Young Economists -- Listen and Learn from Coach K's Words of Wisdom | Main | Assorted Updates »


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I'm not a credentialed economist (or any other kind for that matter), but besides the Cato ad, have Austrian and like-minded economists made a concerted effort to get a hearing with Congress or even with the President? Maybe it sounds far-fetched, but wouldn't a couple hundred economists picketing the White House attract some attention?

I never write my Congressmen, but I did this weekend regarding the "Stimulus". A drop in the bucket, perhaps. Am I naive to think that people like yourself could actually have some influence?

Is it considered impolite to ask what is evidence of the claim that "economists agree" that timing is more important than content? Did the Wash Post writers take a randomized sample of economists and ask them? Or do they mean that the majority of those they asked agreed? How did they choose those to ask? Note also that when they say that many economists want stimulus that word could mean either tax cuts or increased spending.

Professor Boettke,

What do you think about the Newsweek cover from this week? "We are All Socialists Now" seen here:

Mario - the WP meant it in the technical sense, "there exist two people such that they are economists and they agree with each other".

Mark - I think Newsweek was referring to their staff and/or subscriber base. Prior to this week there was still one non-socalist subscriber who had recieved the magazine in exchange for frequent flyer miles.

Five reasons against fiscal stimulus in Australia.,25197,25025517-7583,00.html

Cynical commentary on the Australian rescue package.

For these guys, the politics never stops.

Not a happy place.

In the piece "we are all socialists now":
"Meacham and Thomas observe that this shift towards more government intervention in the economy began not under a Democrat but a Republican."

So history repeats itself.

"History has a sense of humor."

What was that about fools learning from their own mistakes, while wise men learn from the mistakes of others. What do you call people who don't learn from their own mistakes?


A remarkable admission by the head of the Australian Treasury - we may not be able to judge whether the package does any good.

Outstanding. You have succinctly and articulately made each and every point I have been trying to get across to anyone who will listen.

Pete, maybe you are Austrian, but you can't be an economist, because this morning I saw Sen. Claire McCaskill (D-MO) say on tv here in Europe that "every single economist" agrees that there must be a large government stimulus. Sorry to ruin your day.

Last night Robert Reich said on CNN that the proposed package was simply not big enough.

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