May 23 2008
Welker’s daily links 05/22/2008
Published by Jason Welker at 12:30 am under Daily Links
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China and the Development Myth – D.W. MacKenzie – Mises Institute
Is China’s economic success a result of the government’s close management of market activity? Or is China’s economic success actually a myth in itself? As the author says “While it had been thought that 100 million Chinese live on less than one dollar per day, there are actually 300 million Chinese living on less than one dollar per day.”
The author refutes claims that close government regulation creates higher, more long term growth, claiming that “We can see the strength of the case for economic freedom even more clearly through proper economic theorizing. Free-market economists like Friedrich Hayek and Ludwig von Mises arrived at the proper conclusions regarding socialism and interventionism long before the evidence on modern state planning was in.”
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The Foundry » Blog Archive » Morning Bell: Cap and Trade Already Killing U.S. Economy
The conservative bloggers at the Heritage Foundation’s “Foundry” blog think that an emiisions cap and trade system is the source of all energy woes in the US. I ardently disagree. Be sure to read the comments, where I express another side of the story.
About the author: Jason Welker teaches International Baccalaureate and Advanced Placement Economics at Zurich International School in Switzerland. In addition to publishing various online resources for economics students and teachers, Jason developed the online version of the Economics course for the IB and is has authored two Economics textbooks: Pearson Baccalaureate’s Economics for the IB Diploma and REA’s AP Macroeconomics Crash Course.
Jason is a native of the Pacific Northwest of the United States, and is a passionate adventurer, who considers himself a skier / mountain biker who teaches Economics in his free time. He and his wife keep a ski chalet in the mountains of Northern Idaho, which now that they live in the Swiss Alps gets far too little use. Read more posts by this authorRelated posts:
