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[International Economic Law and Policy Blog] International Economic Law and Policy Blog: One Side of the ...: Presumably someone opposed the inclusion of a necessity test, as it was not in the draft text, but nothing was said about this.  That's too bad, I think.  In my view, this is the kind of trade obligation that needs to be subject to more public debate, so it would have been nice to see a little back and forth.

[The Volokh Conspiracy] The Volokh Conspiracy » Blog Archive » The Rise and Fall of Supply ...: Bruce Bartlett explains his new new book, The New American Economy, and why he thinks supply-side economics should declare victory and go away before it causes any more problems. ...

[Visit Offshore Inn when Living Overseas for International Real Estate, Overseas Jobs, Asset Protection, Expatriate Resources and Overseas Retirement] Thoughts on the Economy: Problems and Solutions: Long-time readers know that I think the Fed has been able to get away with its rather large monetization program because of the massive deflationary forces let loose in the world by the credit crisis, which is forcing a monster deleveraging regime all over the world.

[Kiwiblog] What to do with a 60% poll rating | Kiwiblog: Likewise, on Labour’s side the caucus and leadership are not exactly highly-principled politicians of ideals wanting to transform society, so again if Goff was given carte blanche to do as he wanted in government for a short period of time, not much would fundamentally change. Nonetheless, it’d be good to see DPF’s “60% poll rating”

[David McWilliams] We must make farming part of 'smart economy' | David McWilliams: Lorcan and wills are both right, from different vantage-points, but neither is entirely “correct”, I think (though I cannot claim to know all the answers myself, because so much is hidden from us in the background by the cronies and price-fixers and politicians in Ireland and Europe, engaging in their market-interferance). I watched a TV show last week where Richard Corrigan railed against the fact that an Irish farmer ended up ploughing his Rhubarb crop back into the ground because he could not gain a sufficient price for his crop.

[Reason Magazine - Topics > Regulation] 800 Billion Reasons To Be Worried - Reason Magazine: I would rather the nouveau "concerned fiscal conservatives"explain why it is that they said nothing over the last eight yearswhile a $6 Trillion SURPLUS(that would more than 6 times the sizeof the stimulus bill)was being turned into an unimaginable deficitby the Bush administration and yet they are ready to attack anyeffort by the American People's President to dig us out of 8 yearsof Republican blunders.

[Politics Daily] Lobbyists Annoyed With New Obama Regulations -- Politics Daily: 23 by President Obama's "ethics czar," Norm Eisen, prevents federally registered lobbyists from serving on "agency advisory boards and commissions" -- private-sector advisory panels created in the 1970s to give input to the government on various issues. The regulations could decimate the ranks of lobbyists who have been serving on the panels, and who the Obama administration sees as special-interest agents with an unhealthy proximity to federal policy.

[IEA Blog] IEA Blog » Blog Archive » Let's risk under-regulation!: If they must approve a new drug which promises to save lives, but has a chance of serious side-effects, they tend to defer approval until they are sure the drug is safe. Years of delay may mean thousands of patients dying from not receiving the benefits, but, being “invisible”, the regulators have little reason to care about them.

[The Irish Economy] The Irish Economy » Blog Archive » Steven Davis on Job Creation: Despite these reasoned opinions, my instinct still is to side with Blanchflower. The problem is a slump in aggregate demand and, without addressing this, I doubt that the most innovative ALMPs in the world would put much of a dent in the current level of unemployment.

[Felix Salmon] Felix Salmon » Blog Archive » Great moments in punditry, Lenin ...: However, the people who are suffering are NOT the bankers - the people who are suffering are those who lose jobs because the “too-big-to-fail” banks are taking taxpayer money and NOT rolling commercial paper, not modifying mortgages, not doing anything.

[The Irish Economy] The Irish Economy » Blog Archive » Bell and Blanchflower ...: In any case there were plenty of people pointing out that ramping up gov’t spending as a percentage of an already misleading GDP (’misleading’ in the sense that it didn’t reflect domestically-originated activity ) was akin (as I said some where else) to pitching your tent on a dried out river bed at these start of the rainy season.

[NORML Blog] Newsweek Magazine, PBS NewsHour, FOX Business News all look at ...: While I think that regulation and taxation at a state level is really the way to go with regards to cannabis in America, and at the same time I do think there will be some serious windfalls from such measures. However, one scenario has been scratching at the back of my head, which is hypothetically: how much of the tax gain will be offset by having to re-invest in regulation.

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