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Monday, January 9, 2012

Budget

Blogs                                                                                                                             
Cato@Liberty | Austan Goolsbee’s Budget Math Is Wrong – More than 100 Percent of Long-Term Fiscal Challenge Is Government Spending
Austan Goolsbee, the former Chairman of President Obama’s Council of Economic Advisers, had a column in the Wall Street Journal that argues government spending isn’t too high.
Café Hayek | A Note on the Burden-of-Public-Debt Question
Suppose the government of A gives each adult citizen of A between the ages of 18 and 65 the right to force another randomly chosen adult citizen of A to work six months out of every year for the first adult’s benefit.
Volokh Conspiracy | The Wall Street Journal on Public Ignorance About Federal Spending
The article suggests that this ignorance may not matter much because the majority of survey respondents don’t change their minds about policy priorities even when presented with correct information.
Café Hayek | The Burden of the Debt Burden
Here’s the second of the promised two long posts on the burden of public debt.  I see now that I will likely burden future readers with a third long-ish post on this topic.
Café Hayek | Let’s Not Talk Past Each Other on the Burden-of-Public-Debt Issue
his post is the first of two long ones on the question of the burden of public debt.