Best Democracy Money Can Buy

The title of this post is one of my favorite rants. Today I was reading a US News online article that makes my point!

It appears that some new members of congress are wasting no time in rewardig their sponsers! It's just like TV; keep the sponsers happy. In this case they are doing it with our scarce tax dollars or market power.

Just remember that "they" can only buy your vote if you allow it. As voting citizens, we determine who goes to congress.

Alan Kruegor nominated to head CEA

It's well past time for me to write a new post. My current Macroeconomics class will wonder why they should read it if I am not actively working on it.

Today I am contemplating the nominee to head the White House Council of Economic Advisors. Both Paul Krugman and N. Gregory Mankiw think he is an excellent choice. This made me wonder, who is this man? For Mankiw and Krugman to both recommend the same Princeton Labor Economist, what has this man done?

My feed from the Washington Post included an interesting overview of a few of Professor Kruegor's recent writings. They range from a study of the minimum wage to the Economics of Rock Music!

Perhaps my students will find these interesting also.