Famed economist Martin Feldstein argues that if increased tariffs on Chinese goods induces them to stop stealing our tech, the cost will be worth the gain.
If you like lowest-common-denominator care, it would be just fine.
If the disaster comes, all Americans were warned.
Note to the haters--you know who you are--the "Brains" referred to are four professional economists.
Also there's this:
. . . led by Pat Bajari, Amazon has hired more than 150 Ph.D. economists in the past five years, making them the largest employer of tech economists. In fact, Amazon now has several times more full time economists than the largest academic economics department, and continues to grow at a rapid pace.
(That's Tyler Cowen, quoting a recent paper by Susan Athey and Michael Luca.)
Anybody with some training in economics or finance could tell the columnist that "technical analysis" will be no better, on average, than astrology.
It depends, of course, on the audience, but it should generally be easy: the facts and the theory annihilate it.
Related: Richard Epstein, "The Intellectual Poverty Of The New Socialists" and Jazz Shaw, "WaPo Goes All In On Socialism With An Attack On Capitalism". (Not the "WaPo" but Post columnist Steven Pearlstein.)
And this: "Venezuela: Socialism in Action".
Bryan Caplan does an excellent job answering the critics of George Mason economics. If more people were as thoughtful and observant as the George Mason folks are the world would be a much better place.
I absolutely agree. It's discouraging that some conservatives want to "break up" Google and others. This is especially so given that Google's competitors are literally a click away. (I don't give two bottle caps for Facebook or Twitter.)
And haven't those conservatives heard about "Who guards the guardians?"
Robert P. Murphy, writing for the Foundation for Economic Education, eviscerates the dopey argument for a minimum wage in disguise.
I had to like an article that leads off with one of my all-time favorite social science wisecracks:
Economics is all about how people make choices. Sociology is all about why they don't any choices to make.