In this issue (.pdf):
Symposium co-sponsored by the Mercatus Center:
Economists on the Welfare State and the Regulatory State: Why Don’t Any Argue in Favor of One and Against the Other?
The symposium Prologue suggests that among economists in the United States, on matters of the welfare state and the regulatory state, virtually none favors one while opposing the other. Such pattern is a common and intuitive impression, and is supported by scatterplots of survey data. But what explains the pattern? Why don’t some economists favor one and oppose the other?
Contributors address those questions:
Do Welfare State Liberals Also Love Regulation?
Yes, There Are Hayekian Welfare States (At Least in Theory)
Marjorie Griffin Cohen:
The Strange Career of Regulation in the Welfare State
Two Ideological Ships Passing in the Night
Anthony Randazzo and Jonathan Haidt:
The Moral Narratives of Economists
Unhelpful Abstractions and the Standard View
Meet Hyman Minsky: June Flanders presents a sympathetic introductory overview of the economic views of Hyman Minsky, and Lawrence H. White comments, developing some points of respectful disagreement.
Shaken confidence: Ryan Murphy documents unconventional confidence bands in the literature on the government spending multiplier.
Call for papers
EJW fosters open exchange. We welcome proposals and submissions of diverse viewpoints.
Call for papers for special issue: Government Propaganda Watch.