Assorted links

by on April 1, 2013 at 12:45 pm in Uncategorized | Permalink

1 Rich Berger April 1, 2013 at 1:35 pm

4. I went back to see Hayek’s actual review and the question at issue was how to pay for the costs of WWII, with Hayek floating a wealth tax instead of Keyne’s idea of forced savings. I think this is a bit misleading in the current context, where the alternative is to rein in government spending – there is no immediate danger of conquest by a foreign power.

The real idea floated by Conway is to grab the money and continue the policies that have led to the debt buildup. As is fairly common, the point is to say “see, even guys you like are in favor of this”.

2 JWatts April 1, 2013 at 1:55 pm

Agreed. The UK in 1940 is hardly comparable with the situation today. In 1940, at the height of Nazi power, before the US had joined the war, Britain was in desperate straights.

3 derek April 1, 2013 at 11:48 pm

At a time in their lives when their days and nights should have been filled with innocent adventure, love, and the lessons of the workaday world, they were fighting in the most primitive conditions possible across the bloodied landscape of Washington, New York, Brussels, interrupted only by annual holidays in the coral islands of the Pacific. They answered the call to save the world from the two most powerful and ruthless political ideologies ever assembled, instruments of conquest in the hands of libertarians and conservatives. They faced great odds and a late start, but they did not protest. They succeeded on every front. They won the war.

Of course wealth taxes are necessary. The costs of victory are high. Surely these folks deserve a generous pension for their retirement.

4 JWatts April 1, 2013 at 1:56 pm

#5) Now that is a tiny apartment.

5 careless April 1, 2013 at 1:58 pm

The comment thread on the Maldives article did not go well

6 NL7 April 1, 2013 at 3:33 pm

The comments on the Maldives story seem to have been translated from Chinese (Mandarin?) by human hands, judging by the frequent presence of editorial brackets. Which seems weird, given the prolific use of profanity and childish insults.

7 anon April 1, 2013 at 5:06 pm

Loved the mouseover translation.

8 The Anti-Gnostic April 1, 2013 at 4:03 pm

Re 5 – That’s absolutely sick. You’d have to drug me to get me in there. Once I woke up, I would gnaw thru my bonds, gouge out my captors’ eyes, and not stop running until I got to Siberia.

9 Andre April 1, 2013 at 7:55 pm

Cheap Chinese tourist can take over the bad tourist throne from us ugly americans. Do they have much better instant noodles in China? Or is it all straight up Top Ramen.

10 jurisdebtor April 1, 2013 at 8:51 pm

After End of Poverty Sachs is still allowed to write and publish books?

11 Doug H. April 1, 2013 at 10:37 pm

If Sachs’ new book is fill with as much Malthusian nonsense as his other tripe, I look forward to not reading it.

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