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Freedom, Justice, and Economics

Freedom, Justice, and Economics

http://blogs.law.harvard.edu/jjjj

The fundamental philosophical tension in the political sphere is between the great ideals of freedom and justice. The science of economics helps us to understand the net benefits, situation-by-situation, when these ideals conflict. Contained here are mostly analyses of and comments on policy possibilities, by an economist, for everyone.

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  • Turns of phrase

    Posted on Tuesday September 8th, 2009 at 14:09 in 1

    A couple recent gems: “Socialized firefighting” “Water off a duck’s back” ...

  • Financial Product Safety Commission notes and sources

    Posted on Thursday August 27th, 2009 at 13:49 in economics

    Elizabeth Warren originally promulgated the idea with a Summer, 2007, essay in Democracy: A Journal of Ideas titled “Unsafe at Any Rate”. A bill establishing a Financial Product Safety Commission has been introduced in Congress as H.R.17...

  • Data initiatives

    Posted on Thursday August 27th, 2009 at 13:20 in economics

    A recent few with varying degrees of promise and accomplishment, but all of interest: http://resource.org/ — and especially the PACER data in connection with http://www.recapthelaw.org/ http://www.wolframalpha.com/ — swank on science, an...

  • Prognostication

    Posted on Friday August 21st, 2009 at 01:15 in housing, Opinion, economics

    … is the often art of the prophet and the fool.  Nevertheless, I’ll dare to go ahead and describe what I expect will be, a decade hence, two consensus views about economic policy during the past tumultuous year. First, people will believ...

  • Making predictions using credit card data

    Posted on Monday May 18th, 2009 at 22:06 in economics

    The biggest surprise to me in this article in Sunday’s Times, about how lenders use meticulous information about purchasing patterns to forecast default, is that the article treats this as a surprise.  Data on what we do is valuable to firms, ...

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