Daily Trawl

Few bits and pieces:

1. Scientific American on perverse incentives.
Chris Amade goes into detail on the perverse incentives created by the Great Moderation / Deregulation in financial services.

2. Linda M. Beale on the Golden Fleece.
A Taxing Matter invokes the ghost of William Proxmire.

3. Brad DeLong doing what he does.
He’s not the first to investigate the intellectual emptiness of the modern US ‘movement’ conservatives, and he won’t be the last.

4. Noah Smith deals with Dean Baker.
Economic case for fluid labour markets, open immigration policies and why liberals really shouldn’t run away from themselves when they’re winning.

5. And finally: some dude with a yoyo.

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February 2013
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Per Argument Ad Astra

Politics, history, economics and rampant speculation from a victim of the Great Recession, currently at large in the West Midlands.

"When the regulation, therefore, is in favour of the workmen, it is always just and equitable; but it is sometimes otherwise when in favour of the masters."
                -- Adam Smith


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