tag:blogger.com,1999:blog-3758330678390419129.post7833441966772423378..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: 22 Days in Paul Krugman's Masterclass (Day 9) (How to Justify Hating the Rich)Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-2651969332556989692018-11-28T16:09:35.925-05:002018-11-28T16:09:35.925-05:00My favorite economist, Don Boudreaux, thinks very ...My favorite economist, Don Boudreaux, thinks very highly of Deirdre McCloskey, and writes the following about the theory she developed to explain the start of the Industrial Revolution:<br /><br />"What does best explain why the Industrial Revolution began in northwestern Europe in the eighteenth century is that for the first time in history people then and in that part of the world began toAnnCapphttps://www.blogger.com/profile/04517128415566341346noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-21408878109517030602018-11-28T10:34:07.406-05:002018-11-28T10:34:07.406-05:00This brings to mind Mises's explanation in his...This brings to mind Mises's explanation in his book, "The Anti-Capitalistic Mentality," about why intellectuals resent the free market, namely, because it wouldn't reward them to the same extent that they believe is their due, and instead it rewards the vulgar entrepreneurs who create actual value for customers.<br /><br />"Neither can it remove or alleviate the resentment The NAPsterhttps://www.blogger.com/profile/16631781625841157567noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-61795715108490910322018-11-28T07:58:54.045-05:002018-11-28T07:58:54.045-05:00Your arguments, RW, fall on deaf ears if the liste...Your arguments, RW, fall on deaf ears if the listeners are leftists.<br /><br />I once asked a friend of mine (we were in college then, 40 years ago, but still friends today) if she would prefer a society in which there was greater inequality because the rich were richer, or if she would prefer a society where there was greater equality with no increased wealth for anyone. She chose the latter AnnCapphttps://www.blogger.com/profile/04517128415566341346noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-91263375114664765672018-11-28T01:54:29.388-05:002018-11-28T01:54:29.388-05:00Did you really expect Krugman to expose the racket...Did you really expect Krugman to expose the racket by which he has become one of the rich? That racket of course is being a very well paid intellectual coming up with reasons for the ruling class to do as they want. In his case the various crony economic interventions. <br />Jimmy Joe Meekerhttps://www.blogger.com/profile/09559104650594440766noreply@blogger.com