Chicago economics was well-funded, it was not well-founded.
Are you serious Mr. Stiglitz?
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For the first time in American history, the current generation is not significantly more educated than its parents.
Why Is Income Inequality in America So Pronounced? Consider Education - New York Times
Behind every piece of regulation there are politicians and special interests who benefit from it… A good illustration of this is Congressional testimony. Out of an average of 16 witnesses, there are typically .5 opponents of the proposal. Yes, that means that half of all proposals have zero hostile witnesses.
http://www.gmu.edu/departments/economics/bcaplan/compet
Biofuels are maybe a good test case for various estimates of government quality: will the bad biofuels still be subsidized five years from now?
Marginal Revolution: How much do biofuels drive up food prices?
if intolerant preferences are widespread, then Pigovian thinking justifies totalitarianism
Bryan Caplan Politely Declines to Join the Pigou Club
many of the same people who ridicule the idea that private-sector output is meaningfully reduced by higher taxes are convinced that private-sector output is meaningfully raised by higher subsidies.
Marginal Revolution: Very good sentences

