Tag Archive | "government regulation"

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Fisking Paul Krugman

In today’s New York Times, Nobel Laureate Paul Krugman preens about intellectual dishonesty while presenting the most intellectually dishonest case about the cost of climate change policies I have seen this side of Joe Romm.  It moved me to do something I have not done for some time, and Fisk the entire article.  Krugman’s words are in italics.

So, have you enjoyed the debate over health care reform? Have you been impressed by the civility of the discussion and the intellectual honesty…

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Posted in Economy, Energy, Environment, Global Warming, SanctimonyComments (5)

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Is the DoJ Killing Yahoo?

The Yahoo-Google ad deal looks like it’s dead.  The deal announced in June, would have allowed Google ads to appear on Yahoo search results.  Yahoo estimated an $800 million profit during the frist year of the Google ad partnership and would have allowed Yahoo to continue its transion from search to content provider, making it a much more competitive company.

What has likely killed the deal?  As stated in a Reuters article:

The two Internet companies have so far failed to reach an…

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Posted in Precaution & Risk, Tech & TelecomComments (1)

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What Are Markets For?

There are all sorts of people today who normally talk about free markets but who have got themselves into a tizzy over the failed bailout. We need to get one thing straight - the bailout was the wrong answer to the wrong question. To begin with, the plan was merely postponing the inevitable, as a letter in the Wall Street Journal pointed out this morning:

The lesson of past financial inflection points is that we must let the markets reallocate capital from…

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Posted in Bailout Watch, EconomyComments (2)

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