==> Murray Sabrin has been our man in Cuba. Here’s an article in a series of posts on his visit.
==> Jerry O’Driscoll doesn’t heart Bernanke.
==> John Papola also caught something that I noticed about the Stiglitz/Krugman exchange (on inequality): Stiglitz quite explicitly said that low consumption spending was the reason for our recession, and when Krugman disagreed, he did NOT say, “No, it’s low demand, which could just as well be investment spending.” No, Krugman said (paraphrasing) “Hey rich people might consume a lot too, by buying yachts.” So John needs to apologize to no one–I have a certain grad student in mind–for his Christmas videos portraying Keynesians in practice as being “underconsumptionists.” I don’t know what more you would have to see, to give John a pass on that score.
==> A guy sent me this link to Krugman’s upcoming appearance at his school, hoping for some tips on what to ask.
==> Check out the Contrarian Take Databank at Forbes.
==> The cinematic von Pepe sends this clip of Iceland’s president talking about letting banks fail. (He also mentions social safety net stuff, but nobody’s perfect.)
==> I tried my best to offend people in this article on the dentist who fired his employee for being too attractive.
==> Is this Garret Jones analysis right? The notion that government spending shouldn’t count in GDP the same way that private spending does, is commonplace in our circles, but Jones is saying something different here. He’s claiming that there is a qualitatively different treatment–officially–in the GDP stats between government and private hires. Does anyone know if that is right?
==> A scary post on ObamaCare from David R. Henderson.