Wednesday, June 09, 2010


  • Economist Jeffrey Sachs says that Keynesian economics is facing its last hurrah.I'm not quite that optimistic.
  • Sen. Tom Coburn has turned his sights on runaway defense spending. About time too, as there is no realistic means of balancing the budget without including defense.
  • Scott Lincicome provides a quick update on China's race to the bottom. And by race to the bottom, I mean steadily growing ever richer.
  • One of President Obama's appointees to the national deficit commission is an admitted foe of the free market.
  • The Washington Post ponders the role of government-induced uncertainty among investors in the current tepid recovery. It's hard to make plans when the rules keep constantly changing.

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