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Tag Archives: Big Government

Libertarianism

I was catching up on the back issues of New Yorker accumulating on the coffee table, and read an article about the rise and decline of libertarianism in the GOP. The idea that anything resembling libertarianism was actually popular in the Republican Party is a joke. Ostensibly, libertarian wants to shrink big government. OK, lets talk about that. The US military is (1) one of the largest government programs, and (2) the most transparently socialist...

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Libertarianism

I was catching up on the back issues of New Yorker accumulating on the coffee table, and read an article about the rise and decline of libertarianism in the GOP. The idea that anything resembling libertarianism was actually popular in the Republican Party is a joke. Ostensibly, libertarian wants to shrink big government. OK, lets talk about that. The US military is (1) one of the largest government programs, and (2) the most transparently socialist...

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Scalia, Partisanship bias, and Long Term Stagnation

So a student asked me if the nomination for the Scalia vacancy at the Supreme Court would have any macroeconomic impact. Can't imagine what kind of effect he was thinking about, but there is a relevant question on what are the effects of the inability of the legislative to get things done. The most obvious is the inability to pass a budget that deals with the slow recovery.It used to be the case that both parties had a a very different fiscal agenda, with Democrats being for tax and spend,...

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