Different Kinds of Capitalism

How much does Chinese capitalism resemble U.S. capitalism? In a New Yorker article, journalist John Cassidy suggests that China’s combination of authoritarianism and capitalism is somewhat similar to our own history. Reminding us of our government’s economic intervention during the…

Freshwater or Saltwater?

Smith or Keynes? Free market or government fine-tuning? If you are the latter, you can say you are a saltwater economist. A recent article from Paul Krugman (NY TIMES MAGAZINE; 9/06/09) characterizes the economists who reside along either coast as…

A Government Scale

Should government care how much we weigh? Having just read Jacob Weisberg’s article on Bloomberg paternalism, I wonder whether our position on healthcare reform, on financial regulation, and other legislative topics relates to the same idea. It’s all about government.…