4 ms·

What? The burden of proof is on you. What examples of non mainstream economics are you citing with the WSJ? Links to actual articles that prove your point, plea

What? The burden of proof is on you. What examples of non mainstream economics are you citing with the WSJ? Links to actual articles that prove your point, please.

parasubvert 13y ago
I am not quite sure how one proves an observation on a board like Hacker News. All I can do is provide a few links as examples that clearly won't be enough to prove anything, just illustrate that I am not deliberately making things up. Also keep in mind that most WSJ articles are behind a paywall. To be clear, my view is: The WSJ editorial board (not their news dept, which is exemplary) has backed a number of somewhat dubious economic ideas for nearly a century, between their own editorials and op-ed contributors with ideas far from the mainstream whose ideas have lacked empirical support, but are popular among certain interest groups. This also goes for scientific ideas with political implications, such as global warming (which i'll not discuss here). I am not claiming that they're "wrong" in doing this - people clearly have a right to promote what they believe in - just that I think the many of the ideas themselves are wrong, and damaging to the economy overall but also the middle class. though that is a different and much longer conversation. Topics include: Support for "expansionary austerity" - ie. if governments spend less the economy will recover because of "confidence". Debt and Growth (2013) http://m.us.wsj.com/articles/a/SB10001424127887323528404578451110581429072?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100014241278873235284045784... The Real Stimulus Record (2012) http://m.us.wsj.com/articles/a/SB10000872396390444873204577537244225685010?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100008723963904448732045775... Rejecting Macroeconomic theory as not common sense enough (ie. doesn't fit with 19th century micro) Why Americans Hate Economics (2011) http://m.us.wsj.com/articles/a/SB10001424053111903596904576514552877388610?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100014240531119035969045765... Unemployment insurance benefits "causes" or "encourages" unemployment The Wages of Unemployment (2013) http://online.wsj.com/article/SB10001424127887324461604578193141690993174.html?mod=ITP_opinion_0 http://online.wsj.com/article/SB1000142412788732446160457819... Stimulating unemployment (2010) http://m.us.wsj.com/articles/a/SB10001424052748703720504575377381727739058?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100014240527487037205045753... Support for hard money (despite evidence that a gold standard was and would continue to be very deflationary and that current policies haven't been inflationary at all) Bernanke: Currency Manipulator http://online.wsj.com/article/SB10001424052970204530504578076953350391848.html http://online.wsj.com/article/SB1000142405297020453050457807... Capitalism Needs a Sound Money Foundation (2009) http://m.us.wsj.com/articles/a/SB123440593696275773?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB123440593696275773?mg=reno6... Get ready for inflation and higher interest rates (2009) http://online.wsj.com/article/SB124458888993599879.html http://online.wsj.com/article/SB124458888993599879.html Counter-points: Laffer's anti stimulus curve ball is a foul http://business.time.com/2012/08/09/arthur-laffers-anti-stimulus-curve-ball-is-a-foul/ http://business.time.com/2012/08/09/arthur-laffers-anti-stim... 70% of economists believe that stimulus and monetary expansion (ie. fiat money) has helped the economic recovery http://m.us.wsj.com/articles/a/SB10001424052748703625304575115674057260664?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100014240527487036253045751... reduced participation in the labor force is due to boomer retirement, Not unemployment insurance http://www.offthechartsblog.org/why-is-labor-force-participation-shrinking-contd/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+OffTheChartsBlog+(Off+the+Charts+Blog+|+Center+on+Budget+and+Policy+Priorities)&utm_content=Google+Reader http://www.offthechartsblog.org/why-is-labor-force-participa... Unemployment insurance has small negative effect on return to employment http://papers.nber.org/papers/w17534 http://papers.nber.org/papers/w17534

What? The burden of proof is on you. What examples of non mainstream economics are you citing with the WSJ? Links to actual articles that prove your point, please.

parasubvert 13y ago

I am not quite sure how one proves an observation on a board like Hacker News. All I can do is provide a few links as examples that clearly won't be enough to prove anything, just illustrate that I am not deliberately making things up. Also keep in mind that most WSJ articles are behind a paywall. To be clear, my view is: The WSJ editorial board (not their news dept, which is exemplary) has backed a number of somewhat dubious economic ideas for nearly a century, between their own editorials and op-ed contributors with ideas far from the mainstream whose ideas have lacked empirical support, but are popular among certain interest groups. This also goes for scientific ideas with political implications, such as global warming (which i'll not discuss here). I am not claiming that they're "wrong" in doing this - people clearly have a right to promote what they believe in - just that I think the many of the ideas themselves are wrong, and damaging to the economy overall but also the middle class. though that is a different and much longer conversation. Topics include: Support for "expansionary austerity" - ie. if governments spend less the economy will recover because of "confidence". Debt and Growth (2013) http://m.us.wsj.com/articles/a/SB10001424127887323528404578451110581429072?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100014241278873235284045784... The Real Stimulus Record (2012) http://m.us.wsj.com/articles/a/SB10000872396390444873204577537244225685010?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100008723963904448732045775... Rejecting Macroeconomic theory as not common sense enough (ie. doesn't fit with 19th century micro) Why Americans Hate Economics (2011) http://m.us.wsj.com/articles/a/SB10001424053111903596904576514552877388610?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100014240531119035969045765... Unemployment insurance benefits "causes" or "encourages" unemployment The Wages of Unemployment (2013) http://online.wsj.com/article/SB10001424127887324461604578193141690993174.html?mod=ITP_opinion_0 http://online.wsj.com/article/SB1000142412788732446160457819... Stimulating unemployment (2010) http://m.us.wsj.com/articles/a/SB10001424052748703720504575377381727739058?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100014240527487037205045753... Support for hard money (despite evidence that a gold standard was and would continue to be very deflationary and that current policies haven't been inflationary at all) Bernanke: Currency Manipulator http://online.wsj.com/article/SB10001424052970204530504578076953350391848.html http://online.wsj.com/article/SB1000142405297020453050457807... Capitalism Needs a Sound Money Foundation (2009) http://m.us.wsj.com/articles/a/SB123440593696275773?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB123440593696275773?mg=reno6... Get ready for inflation and higher interest rates (2009) http://online.wsj.com/article/SB124458888993599879.html http://online.wsj.com/article/SB124458888993599879.html Counter-points: Laffer's anti stimulus curve ball is a foul http://business.time.com/2012/08/09/arthur-laffers-anti-stimulus-curve-ball-is-a-foul/ http://business.time.com/2012/08/09/arthur-laffers-anti-stim... 70% of economists believe that stimulus and monetary expansion (ie. fiat money) has helped the economic recovery http://m.us.wsj.com/articles/a/SB10001424052748703625304575115674057260664?mg=reno64-wsj http://m.us.wsj.com/articles/a/SB100014240527487036253045751... reduced participation in the labor force is due to boomer retirement, Not unemployment insurance http://www.offthechartsblog.org/why-is-labor-force-participation-shrinking-contd/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+OffTheChartsBlog+(Off+the+Charts+Blog+|+Center+on+Budget+and+Policy+Priorities)&utm_content=Google+Reader http://www.offthechartsblog.org/why-is-labor-force-participa... Unemployment insurance has small negative effect on return to employment http://papers.nber.org/papers/w17534 http://papers.nber.org/papers/w17534