Chicago, Athens, and Jerusalem

Economics/Politics, Math/Sci/Tech, and Religion/Music/Arts

Mankiw is on a roll

Posted by erweinstein on November 9, 2007

This New York Times op-ed about US health care reform, combined with his response to comments on his blog, confirms that Harvard economist Greg Mankiw is one of today’s most incisive economic policy thinkers.

Political junkies may remember Mankiw as the economic adviser to President George W. Bush who made some politically incorrect (but economically justified) statements about outsourcing. Economics and public policy junkies may remember him for his contributions to modern growth theory and his cameos in the recent popular-scientific-history book Knowledge and the Wealth of Nations. A year-old ranking calculated that “Mankiw, Romer, & Weil” (as the paper linked above is known) is the 65th most-cited peer-reviewed article in contemporary economics.

Now if only I could figure out why he agreed to be an economics adviser to Mitt Romney…

Posted in Economics, Politics | Comments Off on Mankiw is on a roll

R for Ron

Posted by erweinstein on November 6, 2007

Over $4 million was donated yesterday to the Ron Paul presidential campaign, in spirit of celebrating liberty and “resisting tyranny” on the Fifth of November. Although his campaign did not coordinate the “money-bomb” (individual supporters thought it up and did the legwork), the Texas Congressman has set a record for the most money raised on the Internet by a political candidate in a single day. Paul’s Internet legions openly (and somewhat awesomely, says this Alan Moore fan) evoked imagery from the movie V for Vendetta to sell their groundbreaking project.

Posted in Arts and literature, Politics | Comments Off on R for Ron

Remark of the Week

Posted by erweinstein on November 2, 2007

Harvard economist Greg Mankiw, discussing this article by his colleague Ed Glaeser:

Ed Glaeser thinks boys and girls are different. Does this mean he will never be President of Harvard?

Posted in Random Thoughts, Science | Comments Off on Remark of the Week

Gary Becker to receive Presidential Medal of Freedom

Posted by erweinstein on October 31, 2007

Gary S. Becker will be awarded the Presidential Medal of Freedom, the highest civilian award of the United States, on November 5. Becker is a Professor of Economics at the University of Chicago, the 1992 winner of the Nobel Memorial Prize in Economic Sciences, and the unofficial leader of the modern-day “Chicago School” approach to economics.

On the somewhat ominous date of the 5th of November, George W. Bush will award the Medal of Freedom to Becker, retired Republican Congressional leader Henry Hyde, Cuban dissident Oscar Elias Biscet, Human Genome Project director Francis Collins, C-SPAN founder Brian Lamb, President of Liberia Ellen Johnson Sirleaf, civil rights leader Benjamin Hooks, and To Kill a Mockingbird author Harper Lee.

Becker is one of the most-cited living economists, and he teaches the (in)famous University of Chicago graduate Price Theory class, (which he took over upon the retirement of his Ph.D. adviser and colleague Milton Friedman). Over his prolific career, Becker was responsible (virtually singlehandedly) for creating four new subfields of his discipline: the economics of discrimination, the economics of human capital, the economics of marriage and families, and the economics of crime. It is often said that more dissertation topics have been inspired by Becker’s footnotes than from the main text of any other economist, barring the founders such as Marshall, Keynes, and Samuelson.

Becker currently teaches graduate economics courses at the University of Chicago, while working part-time as a Senior Fellow for the Hoover Institution at Stanford. He also writes weekly point-counterpoint essays with law professor and US 7th Circuit Appellate Judge Richard Posner, posted on the Becker-Posner Blog.

UPDATE: Here is Becker receiving the medal from President Bush (photo by Eric Draper from www.whitehouse.gov)

becker-medal-of-freedom.jpg

Posted in Economics, Politics | 1 Comment »

Foreign views of the US: Turnabout is fair play

Posted by erweinstein on October 31, 2007

Meir Sheetrit, the Interior Minister of Israel, was pilloried by the press and fellow politicians after suggesting that the state should end its policy offering automatic citizenship for all Jews worldwide.

From the Jerusalem Post:

Appearing at the Jewish Agency’s Board of Governors meeting in Jerusalem on Tuesday, Sheetrit said he believed “Israel should no longer grant automatic citizenship to Jews.”

He explained that “Israel should become like every other country. I want to see that [the immigrant] is not a criminal, that he’s learning Hebrew; that he’s here for five years before getting citizenship.”

The interior minister also called for more careful filtering of those allowed to enter the country.

“Don’t go finding me any lost tribes, because I won’t let them in anymore,” he declared. “We have enough problems in Israel. Let them go to America.”

[emphasis added]

Although apparently not representing the majority opinion of Israelis (or else the brazenly phrased remarks would not have made the front page or sparked walkouts by political committee members), Sheetrit’s argument reveals two salient facts:

1. Immigration/asylum/citizenship policy is a sensitive and unresolved issue in Israel (the Law of Return does indeed have major problems).

2. Sheetrit (and presumably some of his intended audience members as well) instinctively associates the United States of America with extremely generous immigration and citizenship laws. Not exactly how I imagined the US to be perceived, even by a dissident politician in a moderately-to-very pro-American nation.

Posted in Politics, Religion | Comments Off on Foreign views of the US: Turnabout is fair play

Economics Nobel Prize 2007: Another Win for Chicago!

Posted by erweinstein on October 15, 2007

Congratulations to Leonid Hurwicz, Eric S. Maskin, and Roger B. Myerson, this year’s recipients of The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The three men share the prize for their development of mechanism design theory.

Myerson is the Glen A. Lloyd Distinguished Service Professor and Director of Graduate Studies at the University of Chicago Department of Economics. He is one of the most cited theoretical microeconomists of his generation, and it is impossible to research the subfields of game theory, auction theory, social choice, or mechanism design without tripping over what seems like scores of important articles and results written by Myerson.

The University of Chicago community is very happy for Professor Myerson, and will probably hold a celebration honoring him in the near future. Myerson becomes the sixth and youngest (at 56 years old) Economics Nobel winner on the faculty of the University of Chicago, joining James Heckman, Robert Lucas, Robert Fogel, Gary Becker, and Ronald Coase.

Thanks to the marvels of modern technology, a video containing the prize announcement and an explanation is available here.

UPDATE: A reception in Myerson’s honor was held on Wednesday, October 24.

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Torture of Terrorist Suspects Harms the US

Posted by erweinstein on October 1, 2007

That proposition is argued (very cogently, I believe) by Denzel Washington’s character in the shockingly prescient 1998 movie The Siege. The show-stopping critique of torture from that movie is available on YouTube. (Link from Andrew Sullivan.)

I saw The Siege for the first time this past summer. Although the movie does not substantively comment on many important issues (such as how to deal with military officers who are Abu Ghraib-ly overzealous, negligent, or cruel in their treatment of prisoners), it does illustrate the dangers of giving up liberty to improve security. The movie also demonstrates that despite the apparent weaknesses of a “law enforcement” approach to counter-terrorism (relying mainly on the FBI, CIA, and local police to arrest suspects and give them criminal trials), such a method possesses many subtle advantages–particularly in PR and appearances–compared to using military prisons, closed tribunals, and missile strikes to kill, neutralize, or detain “enemy combatants”.

The acting in The Siege is also first-rate, with solid performances from Washington and Bruce Willis. Tony Shalhoub (aka Adrian Monk) dominates his scenes as a conflicted Arab-American FBI agent. Although the content is too dark and serious to justify the adjective “entertaining”, few big-budget Hollywood movies provide as much food for thought as The Siege. If you haven’t seen it, add it to your DVD wish list/Netflix queue.

Posted in Arts and literature, Politics | Comments Off on Torture of Terrorist Suspects Harms the US

Simple Website Design Tip

Posted by erweinstein on September 30, 2007

A website is poorly designed if I have to use the “Find on This Page” browser feature in order to locate the website’s search bar. (Not naming names…)

UPDATE:  Math professor Robert Talbert at Casting Out Nines provides more sorely-needed website design tips.

Posted in Random Thoughts, Technology | Comments Off on Simple Website Design Tip

iPhone Demand Curves Slope Down

Posted by erweinstein on September 12, 2007

Least surprising headline of the week: “iPhone price drop leads to sales boost“.

Here is Steven Levitt’s discussion of Apple and iPhone pricing.

Professor Levitt’s analysis seems to suggest that there are non-trivial and possibly large “reputation” costs for a company changing the pricing, features, or extras on an existing product line. Obviously if the company fails to account for the sales effect of a reputation change, an apparently profit-maximizing pricing or production decision might not be optimal. I think the biggest difficulty would be finding a reasonable way to measure the reputation effects on sales (and disentangle them from other changes in demand and quantity demanded). Some field studies of how firms actually make these estimates might be useful as a starting point. I don’t think that the theoretical problems with this type of pricing behavior are quite as intractable as Levitt implies, although the empirical work might prove tricky. My overconfidence suggest that I should probably stop blogging and get to work…

Posted in Economics | Comments Off on iPhone Demand Curves Slope Down

No Hiding Place

Posted by erweinstein on September 7, 2007

…for Mike Nifong. The corrupt, grandstanding, race-baiting former District Attorney of Durham County is serving 24 hours in jail today for contempt of court. Nifong was disbarred in June for his actions during the Duke Lacrosse case. He still faces civil liabilities from the three Duke students whose lives he ruined. Nifong proceeded with charges of rape against David Evans, Collin Finnerty, and Reade Seligmann while suppressing contradictory DNA evidence because appearing to stand up for the rights of the black accuser against the “privileged” white students gave Nifong the votes he needed to secure his reelection in racially-divided Durham.

Many members of the conservative and libertarian blogosphere, especially Bill Anderson and the crowd at lewrockwell.com, deserve much credit for correctly ascertaining the facts of the case and for agitating against Nifong’s gross misconduct. In contrast, most members of the educated liberal elite (including the 88 Duke professors who signed a statement criticizing the accused lacrosse players) deserve condemnation for blindly assuming that the allegations of a black “victim” against white “perpetrators” must be true.

In related matters, what on earth is a 24-hour sentence? How much correctional purpose can be served by having an offender spend one day in prison?

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The Trilemma of Healthcare Economics

Posted by erweinstein on August 9, 2007

In this excellent post, Arnold Kling links to David Leonhardt’s New York Times column about preventative medicine and healthcare cost savings. Leonhardt quotes MIT healthcare economist Jonathan Gruber, who questions whether preventative care can create net savings in healthcare expenditures (as Hilary Clinton has implied). Kling also discusses what Michael Cannon calls “Kling’s Iron Trilemma” of health care spending. Kling explains,

We want:

–what I call insulation, where consumers enjoy the peace of mind of having their medical services paid for by a third party;

–unrestricted access, where consumers and doctors can choose medical procedures without bureaucratic interference or government budget limits;

–less stress over rising health care costs.

The trilemma is that we can have at most two out of three. Much of the “reality-based community” (an Orwellian label if there ever was one) denies that the trilemma exists. Gruber does not deny its existence, but he prefers restricting access to reducing insulation. I prefer the latter.

For reference, Kling received his Ph.D. in Economics from MIT and serves as an adjunct professor at George Mason University. He writes the blog EconLog (jointly with Bryan Caplan), and his most recent book, Crisis of Abundance, is about US healthcare reform.

Posted in Economics, Politics | Comments Off on The Trilemma of Healthcare Economics

Lasers in the Jungle Watch

Posted by erweinstein on August 3, 2007

The so-called “$100 PC”, designed for citizens of developing nations, has been the object of a several-year product design struggle by technology firms and economic development specialists. The One Laptop Per Child campaign, which aims to accomplish this goal using a cheap, 2 Watt AMD subnotebook, now has some competiton. Lenovo announced today that they will sell a new PC aimed at rural Chinese customers, for as low as $199. Dell had earlier announced a low-cost PC for around $223.

(This post will hopefully be the first in a continuing series about the arrival of technology in the developing world, particularly in clever or unique ways. “Lasers in the Jungle” is a line from Paul Simon’s song “The Boy in the Bubble” on the album Graceland–the 1986 Grammy Album of the Year. The song juxtaposes the the arrival of Western technologies with the banality of daily life in an unnamed, poverty-stricken African dictatorship.)

Posted in Economics, Technology | 1 Comment »

Shlaes: As McCain goes, so goes the GOP

Posted by erweinstein on July 28, 2007

Economics and business journalist Amity Shlaes argues in her Bloomberg News column that John McCain is the US Republican Party’s only chance to take substantive positions on the issues for the 2008 election. Although she does not conduct an in-depth examination of the primary candidates, Shlaes concludes that the other Republican presidential front-runners represent shallow sound-bite policy proposals and the triumph of “electability” above actually thinking about the serious problems facing the nation (immigration reform, Congressional ethics, runaway federal spending, Iraq, etc.). Summary quote:

You may not agree with every one of McCain’s positions. But at least he has positions. He is the candidate who is making unpopular, and often right, choices.

Shlaes warns that a rejection of McCain by the primary voters will consign the GOP to a policyless, leaderless wilderness (perhaps one very similar to the Democratic Party’s condition over the past six years). With McCain’s campaign on the rocks and the alternatives comprising Romney’s plan (or was it a gaffe?) to “double Gitmo” and Giuliani’s desire for the authority to “infrequently” arrest and detain US citizens without judicial review, the near-term future of the Republican Party seems perplexing at best and bleak at worst.

 

For those uninterested in the Republican primary, Shlaes has also written a new history of the Great Depression, which was released last month to mostly positive reviews. I haven’t read it yet, but it’s on my Amazon Wishlist.

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High school math boosts college science

Posted by erweinstein on July 26, 2007

A Harvard press release details a new study showing that preparation in high school mathematics predicts better grades in college biology, chemistry, and physics. The study was conducted by Philip M. Sadler of Harvard and Robert H. Tai of the University of Virginia, and their journal article will be released in Science this week. Sadler and Tai surveyed 8,474 students taking “introductory science courses” at 63 colleges and universities and found interesting relationships between years of high school coursework and college grades. While the amount of high school background in each subject correlates with college performance for that same subject, only high school mathematics demonstrates the “halo effect” that improves college scores in other fields.

Posted in Mathematics, Science | Comments Off on High school math boosts college science

No Hiding Place

Posted by erweinstein on July 17, 2007

…for George Galloway. The bombastic, socialist, anti-Jewish, pro-Soviet UK Member of Parliament has been suspended from the House of Commons for 18 days. His offense is obstructing the Parliamentary investigation into the alleged payments he (and a charity he directs) recieved from Saddam Hussein’s government out of the Oil for Food Program.

Posted in Politics | 1 Comment »

Austan Goolsbee vs. Michael Moore

Posted by erweinstein on July 7, 2007

Austan Goolsbee, University of Chicago economics and business professor and the chief economic adviser to Barack Obama, critiques Michael Moore’s new movie Sicko.

(Link from the incomparable Tyler Cowen at Marginal Revolution.)

Posted in Economics, Politics | Comments Off on Austan Goolsbee vs. Michael Moore

Festival of Links

Posted by erweinstein on May 19, 2007

1. George Will on gasoline prices and the House Democrats’ impending “anti-gouging” bill. A great column, although I think that under-investment in R&D for extraction techniques (due to years of OPEC laziness and threats of “windfall profits” taxes from the US government) explain the slow rate of increase in US oil production better than the lack of drilling in the Arctic National Wildlife Refuge. (Link from Russ Roberts at Cafe Hayek.)

2. Juan Luna has been sentenced to life in prison for his role in the Brown’s Chicken Massacre. On May 10, 2007, Luna was convicted of killing the two owners and five employees of the restaurant during a robbery-turned-mass-murder in January 1993. James Degorski, Luna’s alleged accomplice, is awaiting trial.

3. Civil society is not dead in Venezuela, as tens of thousands protest Hugo Chavez’s attempt to shut down a privately-owned television station. UPDATE: The protests are renewed on the eve of the station closure.

4. Andrew Sullivan’s excellent summaries of the first and second Republican primary debates. Sullivan correctly notes that despite the misinterpretations of some pundits, John McCain and Ron Paul are the only Republican presidential candidates that openly and thoroughly oppose the use of torture by United States military and intelligence forces. Both McCain and Paul, for very different reasons, would immediately shut down Gitmo and end “renditions”, waterboarding, etc. upon taking office, which is as good as we’re likely to get from Hillary or Obama. UPDATE: Sullivan wrote another good summary of the third Republican primay debate.

5. A formidable group of economists has written a letter asking the US government to deregulate the creation and operation of prediction markets for academic research.

6. The books Knowledge and the Wealth of Nations by David Warsh and Stumbling on Happiness by Daniel Gilbert are both out in paperback. These were definitely the two best nonfiction books I have read in the past year, although Perry Mehrling’s Fischer Black and the Revolutionary Idea of Finance (hardcover only for now) was a close third.

7. New President of France Nicolas Sarkozy has appointed his Prime Minister and cabinet.

8. Tim Hartford, author of The Undercover Economist, discusses nominal price stickiness and the price of Coca-Cola. Read it at Slate or at FT.com.

9. Jack Treynor, who (independently from finance professors Sharpe and Lintner) developed the Capital Asset Pricing Model, has been awarded the CFA Institute Award for Professional Excellence. The CFA Institute publishes the Financial Analysts Journal (usually called the FAJ), a top publication for financial and business economics and quantitative financial analysis, which Treynor edited from 1969 to 1981. Strangely, as of now there is no Wikipedia article for Treynor.

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A small step forward for free trade

Posted by erweinstein on April 30, 2007

US and EU agree to a “single market”

This is a meeting of minds between United States and European officials with much potential for improving the lives of ordinary citizens (e.g., more airline competition brings cheaper fares). Admittedly, the gains from removing commercial restrictions and harmonizing regulations would be far greater if developing nations were included as well. Perhaps closer cooperation on these issues will improve the chances of US and EU agricultural policy reform, which would resurrect world trade negotiations.

Posted in Economics, Politics | Comments Off on A small step forward for free trade

Ironic News Story of the Week

Posted by erweinstein on April 26, 2007

MIT dean of admissions forced to resign after it is discovered that she lied about graduating from college.

Posted in Random Thoughts | Comments Off on Ironic News Story of the Week

Festival of Links

Posted by erweinstein on March 28, 2007

1. Should bloggers adopt a voluntary code of conduct? Tim O’Reilly thinks so. Details here. The New York Times has more here.

2. Cormac McCarthy’s The Road is the latest pick for Oprah’s Book Club.

3. What’s it like to teach an advanced college math class (Modern Algebra) without a textbook? Professor Robert Talbert intends to find out. UPDATE: link to Robert’s post now fixed.

4. Happy Zoroastrian New Year!

5. University of Chicago Computer Science Professor Lance Fortnow announced that he is ending his interesting math and CS blog, Computational Complexity. Presumably the fun and useful introduction to complexity theory will remain viewable.

6. At Marginal Revolution, Alex Tabarrok and Tyler Cowen defend fellow economist Steven Levitt against Noam Scheiber’s charges (subscriber only) that “Freakonomics is ruining the dismal science”. Subscribers to The Economist can read more about instrumental variables here. MAJOR UPDATES: Full versions of the article have been reprinted (legally?) here and here. Harvard economist Greg Mankiw weighs in here. Cowen adds more, and points to Joshua Angrist’s piece. Most importantly, Professor Levitt defends himself on his Freakonomics Blog. A glance through the entire Scheiber piece reveals several glaring factual inaccuracies. In particular, the following assertion is blatantly false: “Chicago had never been an ideal place to do empirical work. Nobel Prizewinning theorists like Gary Becker and Robert Lucas disliked dirtying their hands with data.” More on this later…

7. One of Andrew Sullivan’s readers offers a neo-conservative critique of the Bush administration and the Iraq debacle.

8. Daniel Drezner agrees with Cass Sunstein (almost). Unfortunately, the topic in question is the non-viability of the Internet as a medium for serious and thoughtful information-sharing…

9. Did the extinction of the dinosaurs help mammals? New research reported here.

Posted in Festival of Links | 1 Comment »

Mixed Blessings Report

Posted by erweinstein on March 14, 2007

Anti-Defamation League Study: Anti-Semitism in US falls 12% in 2006

One of the causes for the fall, according to the ADL, was the temporary refocus of the Ku Klux Klan and neo-Nazi organizations in the US on the immigration debate, leading these groups to target Hispanics and immigrants rather than Jews. Thus, the audit discovered just 77 incidents of anti-Semitic “extremist group activity” in 2006, down from 112 such incidents in 2005.

Hmm…

Posted in Politics, Religion | Comments Off on Mixed Blessings Report

Happy Pi Day

Posted by erweinstein on March 14, 2007

Have a very happy Pi Day, everyone!

 

Also, happy 128th anniversary of Albert Einstein’s birth!

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Troops in Iraq, proportional to population

Posted by erweinstein on February 21, 2007

Military deployment in Iraq, as of February 2007, expressed as percent of total national population (my back-of-the-envelope calculations, not exhaustive):

US – 0.0503 %

UK – 0.0117 %

Denmark – 0.0084 %

South Korea – 0.0047 %

Australia – 0.0027 %

Poland – 0.0023 %

Lithuania – 0.0016 %

Sources: CIA World Factbook (population), Wikipedia (troop levels)

Note that the UK and Denmark have recently proposed troop reductions, which are not factored into these calculations.

Question: What is the most appropriate or meaningful way to express relative troop levels? For example, is proportion of population better than proportion of standing military forces, or should we use total expenditures (per capita) including aircraft and naval commitments?

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Kling on Politics, Economics, and Religion

Posted by erweinstein on February 6, 2007

In this interesting essay, Arnold Kling argues that those who favor greater personal and economic freedom (who are called or call themselves “libertarians”) will find more and truer allies among conservatives than among liberals in the United States.

Kling’s thesis seems correct given the current political atmosphere, if not necessarily for the exact reasons he offers. He identifies his two main arguments:

1) The Republican base is more naturally favorable toward limited government than is the Democratic base.

The demographic component of this argument—that public-sector employees and union members, for example, will oppose libertarian economic policies instinctively, and the Democratic Party depends heavily on voters like these—accords with common sense. But the psychological/motivational component is more troublesome. Kling says,

While I imagine that there must be some single moms who lean libertarian, in general single mothers are more likely to look to government as a substitute for the missing father.

It’s probably true that more single mothers favor more state intervention in the economy rather than less, regardless of which party they officially support. But we need not turn to psychoanalysis to explain this. It could be that single mothers support non-libertarian economic policies solely because these policies offer them more public services, a larger “social safety net”, and fewer work requirements for welfare. (I am not implying that welfare is a concern for all or most single mothers, just discussing possible motivations.) Kling may be right about a single mothers, but there’s too much we don’t know about the psychology, sociology, and economics (people respond to incentives!) of political opinion- and identity-formation. People’s actual motivations and the causes thereof are quite complex, and it is ambitious to explain an entire social group in one sentence. Can we easily psychoanalyze the politics of, say, Hollywood actors? While we can certainly make generalizations, how do we express in one factually-correct and nontrivial statement the observed continuum from progressive Democrats like Sean Penn to popular Republican politicians like Reagan and Schwarzenegger?

Kling’s second main point has even more depth:

2) I find it a challenge trying to persuade religious conservatives to loosen the relationship between their religious beliefs and their political agenda. However, I find it even more of a challenge to deal with the Left, where their political agenda is their religion.

There is much empirical validity to this, and Kling is impressively pithy. However, he ignores another side of the conflict between religion and libertarianism that is, in my experience, more relevant. A plurality (or more) of mainline Protestants and an overwhelming majority of American Jews believe (or act as if they believe) that their religion requires voting Democrat. This is indeed a problem for non-Democrats, especially those who are both “libertarian-leaning” and religious, but it is not necessarily intractable. Are American liberals somehow less amenable to reason than American conservatives when libertarian issues are at hand? If not, then it is important to explain to these religious Democrat voters that the hallmarks of classical liberalism—local decision making, emphasis on results rather than intentions, using the power of competitive markets to improve human prosperity, and striving for both personal/social and economic/transactional freedom—can help the poor and make society better for all. (A rising tide lifts all boats.) After a fashion, I suspect that it may be easier to persuade religious liberals to accept market-based policy solutions (cf. the Clinton presidency) than to persuade religious conservatives to stop expanding Leviathan in the name of promoting their moral values (cf. the Bush 43 presidency and the US Congress from 2003 to 2007). But even if intelligent and non-blinkered leftists could be more easily persuaded to tolerate libertarian policies in particular instances than their counterparts on the right, I agree with Kling that the current Democratic Party and its supporters are less conducive overall to reducing government and expanding both types of freedom than the current Republican Party. The difference may be depressingly small, but when one compares the Democrat and Republican presidential front-runners, it is noticeable.

My favorite quote from the article:

On social issues, I differ from the National Review partisans in that I am not a social conservative politically. I favor keeping government out of issues of sexual conduct. Nonetheless, in terms of behavior I am quite conservative.

Well said, Dr. Kling. I agree and sympathize.

Posted in Economics, Politics, Religion | 1 Comment »