http://freethinkingeconomist.com/2009/12/14/my-review-of-johan-norbergs-financial-fiasco-is-out/ A voice of reason against illiberal nonsense Tue, 03 Apr 2012 03:19:37 +0000 hourly 1 http://wordpress.com/ http://freethinkingeconomist.com/2009/12/14/my-review-of-johan-norbergs-financial-fiasco-is-out/#comment-4329 Fri, 14 May 2010 10:51:33 +0000 http://freethinkingeconomist.com/?p=1029#comment-4329 [...] the whole cause of the financial crisis. Sure, you can ‘construct a narrative’ (read my review of Norberg for an example).  But is it true?  Barry Ritholtz takes it to pieces – see this post on [...]

]]> http://freethinkingeconomist.com/2009/12/14/my-review-of-johan-norbergs-financial-fiasco-is-out/#comment-1452 Sun, 31 Jan 2010 13:36:36 +0000 http://freethinkingeconomist.com/?p=1029#comment-1452 [...] So pointing at China and simplistically saying “look, they have lots of government spending and lots of growth, QED” is stupid. You might as well point to Angola and its 12%+ oil-driven growth, and it would tell you as much about the UK’s situation (we, after all, still possess some reserves of North Sea Oil). Indeed, if one wants proof that government spending leads to economic recovery, why not turn to history and take the case of America’s New Deal? (h/t) [...]

]]> http://freethinkingeconomist.com/2009/12/14/my-review-of-johan-norbergs-financial-fiasco-is-out/#comment-1451 Sat, 30 Jan 2010 23:55:34 +0000 http://freethinkingeconomist.com/?p=1029#comment-1451 [...] So pointing at China and simplistically saying “look, they have lots of government spending and lots of growth, QED” is stupid. You might as well point to Angola and its 12%+ oil-driven growth, and it would tell you as much about the UK’s situation (we, after all, still possess some reserves of North Sea Oil). Indeed, if one wants proof that government spending leads to economic recovery, why not turn to history and take the case of America’s New Deal? That at least tells you something about relatively comparable economies and circumstances – though again one would need to adjust for contemporary actuality and the complex nature of macroeconomic recovery. (h/t) [...]

]]> http://freethinkingeconomist.com/2009/12/14/my-review-of-johan-norbergs-financial-fiasco-is-out/#comment-851 Tue, 15 Dec 2009 10:17:37 +0000 http://freethinkingeconomist.com/?p=1029#comment-851 Thanks for that Niklas. Johan Norberg is a gentleman. I don’t agree at the end, and I think 60 years of generally strong growth since governments have become less laissez faire goes against his views. But he is a scholar.

]]> http://freethinkingeconomist.com/2009/12/14/my-review-of-johan-norbergs-financial-fiasco-is-out/#comment-849 Tue, 15 Dec 2009 09:26:44 +0000 http://freethinkingeconomist.com/?p=1029#comment-849 An interesting review – congratulations on getting it published in the FT! Johan Norberg responds to your review here: http://www.johannorberg.net/?page=displayblog&month=12&year=2009#3406

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