Comparative Government Efficiency

This article discusses the fact that government is usually less efficient that the free market and estimates the inefficiency factor. We then correct a classic view of measuring cost to society of government intrusion into a free market by introducing the government inefficiency factor to a standard measurement model. Government inefficiency is a hot topic on … Read more Comparative Government Efficiency

Paul Krugman, and Keynesianism in General, Weaken Economies

A comment I left on a friend’s Facebook, commenting on a picture and quote he shared of Paul Krugman: [Paul Krugman] is a Keynesian. The ‘bad economic doctrine’ he is referring to is free market economics, which is good economic doctrine. Furthermore he has no room to ever say ‘we’ when talking about of the … Read more Paul Krugman, and Keynesianism in General, Weaken Economies