How High Will Gold Go In 2011? - By Jeff Clark (6/1/11) PDF Print E-mail
Jeff Clark   
Wednesday, 05 January 2011 21:04

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How Much Faith Should We Put In Keynesian Models? - By Robert P. Murphy (6/1/11) PDF Print E-mail
Robert P. Murphy   
Wednesday, 05 January 2011 20:58

Mises Daily

Jim Manzi is a private-sector expert in statistical analysis. He is my favorite commentator on the economics of climate change, because he dove into the IPCC reports and found that the proposed legislative "cures" (cap-and-trade or carbon-tax laws) are arguably worse than the disease, even according to the "consensus" numbers.

Lately, Manzi has been challenging mainstream economists to defend their models, which tout the benefits of fiscal and monetary "stimulus." Manzi has repeatedly asked why he should put any faith in the predictions of these models.

In this article, I'll highlight the hilarious response of Manzi's debate opponent, Karl Smith. In a follow-up article, I'll document another example of misplaced confidence in Keynesian models, courtesy of (you guessed it) Paul Krugman.

Manzi vs. Mainstream Economists


There are several articles in Manzi's archives where he tackles economists on the empirical case for stimulus. Manzi is not himself an economist, let alone an Austrian economist, but nonetheless he brings a refreshing perspective to the surprisingly weak foundation upon which governments and central banks have based their policies.



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Have Events Vindicated Keynesian Models? - By Robert P. Murphy (6/1/11) PDF Print E-mail
Robert P. Murphy   
Wednesday, 05 January 2011 20:55

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Will There Be QE3, QE4, QE5...? - By Philipp Bagus (3/1/11) PDF Print E-mail
Philipp Bagus   
Sunday, 02 January 2011 20:16

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Hyperinflation Will Drive Gold to Unthinkable Heights - By Egon von Greyerz (3/1/11) PDF Print E-mail
By Egon von Greyerz   
Sunday, 02 January 2011 19:31


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Last Updated on Sunday, 02 January 2011 19:34
 
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