becker-posner-blog.com

Οι τύποι είναι συντηρητικοί, της σχολής του Σικάγο και μάλλον ψηφίζουν ρεπουμπλικάνους (υπόθεση κάνω...).
Κι ενώ αποκλείεται να συμφωνώ πάντοτε μαζί τους, μόνο και μόνο λόγω ηλικίας, οι απόψεις τους είναι σεβαστές.
Μάλιστα, εάν συμφωνούν με τους λίμπεραλς σε κάτι τότε αυτό θα πρέπει να ισχύει και να εφαρμοζεται ως το πιο ενδεδειγμένο.
Τέλος, πρέπει να διαβάζονται καθώς κάτι τέτοιοι (ΔΥΣΤΥΧΩΣ) αποφασίζουν για μας, χωρίς εμάς... Τουλάχιστον να ξέρουμε το τρόπο σκέψης τους...

Becker
True, as I argued in prior posts on our blog, additional regulations of financial institutions are desirable, and the Fed has to think deeply about how to expand its arsenal of weapons. Yet it would be a major mistake to seriously hamper a worldwide competitive market engine that has brought so many benefits to the world's population.
http://www.becker-posner-blog.com/archives/2008/12/central_bank_co.html

Posner
If this diagnosis is correct, then the public-works expenditure program that President-elect Obama is proposing, though anathema to economic libertarians, resisted by the Bush Administration, and bound to be wasteful, as all such programs are, may be the most sensible response to the depression and one clearly superior to a tax cut. A tax cut or rebate, like the bank bailout, is unlikely, unless very large or credibly promised to be permanent, to stimulate consumption greatly; most of the money is likely to be used to rebuild savings or, in the case of the banks, to rebuild their equity cushion so that they can make loans, bound to be risky in a depressed economy, without courting bankruptcy. In other words, to stimulate economic activity the government will have to step in and “consume,” in lieu of reluctant or impoverished consumers by spending money on road repair and other public goods. A critical variable, however, is the length of time it will take for public-works projects actually to be begun. American government tends to be extremely sluggish.
http://www.becker-posner-blog.com/archives/2008/12/macroeconomic_p.html