Economics

Loving Money and Books – Which Is More Evil? [Good Life series]

I worked in construction for some years before returning to graduate school. My crew members were all hardworking guys, and an ethos of manly ruggedness prevailed among them. Beer was drunk. Pickup trucks were driven. Camping and fishing were practiced faithfully. I am, of course, no slouch in the manliness department. Let’s be clear about

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Bartley Madden’s *Value Creation Thinking*

I’m enjoying Bartley Madden’s Value Creation Thinking. Madden has much real-world experience in business from his years as a managing director at Credit Suisee HOLT. He’s also read deeply into the ethics and economics literature. We all know the complaints about the business world — corporations enjoy low public trust, “capitalism” is a dirty word

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Before the 2008 financial crisis: increasing or decreasing regulation?

In my “Where are all those free-market economists who caused the financial crisis?”, I cited survey results showing that very few professional economists are deregulation advocates, and I cited data indicating an increase in regulation in the lead-up to the crisis. Here is Regdata’s more recent “Did Deregulation Cause the Financial Crisis? Examining a Common

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