Tag Archives: Arnold Kling

Unintended Consequences of Obama’s Student Loan Policies

So this week, President Obama’s populist, class-warring, shut-out-the-legislature, ignore-the-long-term-consequences romp through every corner of life turned to the education sector. His new policies on student loans include greater access to both payment reductions and loan forgiveness. And, needless to say, … Continue reading

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What Needs to Happen Before We See a Big Recovery?

In a Bloomberg article last May, Caroline Baum summed up the economy nicely in a single question: Four-and-a-half years of an overnight rate near zero and aggressive securities purchases by the Fed have succeeded in raising asset prices. The question … Continue reading

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Divisions on the Left: Jeffrey Sachs Responds to Summers and Krugman

Here’s an excerpt from a provocative article written by Jeffrey Sachs this week: [I]t is very frustrating to read Paul Krugman again today write about our current stagnation with so little reflection on his part that his own preferred stimulus … Continue reading

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Have Larry Summers and Paul Krugman Just Had Their Dimon/Dudley Moment?

With my kids getting older, I no longer get much chance to play “What’s wrong with this picture?” This is the game you’ll occasionally find on a children’s menu that’s based on a picture with, say, a guy holding an … Continue reading

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