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Tag Archives: James Buchanan
Barack Obama is committing the same mistakes made by policymakers during the Great Depression, according to a new study endorsed by Nobel laureate James Buchanan.
“We have learned some things from comparable experiences of the 1930s’ Great Depression, perhaps enough to reduce the severity of the current contraction. But we have made no progress toward putting limits on political leaders, who act out their natural … Continue reading →
Posted in Economics, The Global Economy
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Tagged Barack Obama, depression, economic crisis, financial crisis, global economy, James Buchanan, recession, US economy
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Robin Hanson as Prospective Economics Nobel Laureate
Contra Robin’s recent claim that he has failed both the market and the academic test, I’ll take credit for creating some ideas the world has found useful, but I have completely failed both the market test and the academic test. … Continue reading →
Posted in All Guest Authors's Posts, Analysis (Industry), Analysis (Meta)
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Tagged founder, Gary Becker, Gordon Tullock, James Buchanan, key founder, Nobel committee, prediction markets, reasonable candidate, Robin Hanson, serious candidate, sociological applications, status systems, Vernon Smith
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