我们的什么是人类历史上最好

要说清楚，我们确实需要欣赏在改革过程中某些灵活的权宜之计，它们对经济发展带来了正面作用，有时甚至是巨大的正面作用。但是，我们充其量只能说那是最佳的“过渡方案”。很难说搭桥手术还没做完的病人已经拥有了人类历史上最好的心脏。

不升值与一篮子是自相矛盾
没有未来就不会有财富 
一篮子物品无助解决央行难题 
货币不像水而像蜂蜜
假设我们有一把罐头刀
全球大宗物品指数将成一直线 
稳住了汇率，引入了通胀  
汇率策略的悖论
生产力不变论有何过瘾
货币主义反对靠增发货币来刺激经济
世界二战不是走出大萧条的原因
压低人民币汇率等于供养美国

面对金融危机，许多人指责说那是市场失败；面对那些形形色色的救市方案，有人说弗里德曼在天之灵也会欣慰。是这么回事吗？他们理解弗里德曼了吗？

Huang: The China Growth Fantasy

Yasheng Huang on WSJ: China is one of the few countries in the world endowed with the land mass, the energetic and talented population, and the entrepreneurship to become a true global economic powerhouse. But that potential has been squandered by a misguided development strategy that privileges production at the expense of consumption and uses political [...]

周飙：“麦道夫案”并非系统性风险

周飙：麦道夫的骗局并非复杂难辨，其疑点突出而明显，有关分析和质疑并非案发后才出现，十几年来一直不断有人提出；特别是所宣称的稳健策略和几乎恒定的高收益之间的矛盾，以及定期清仓的诡异做法，是一望便知的马脚。个人投资者或许甘愿冒风险而接受纯暗箱操作，或者听信麦道夫有内幕消息的传闻，或者指望骗局崩盘之前自己已赚够了分红，这还可以理解；但对于服务于投资者的机构人员，抱此类幻想便是极其荒谬而不可原谅的，他们应被列入黑名单（详见这里）。

Donald Boudreaux: “I, Pencil” Turns 50

Don Boudreaux at Cafe Hayek: This month marks the 50th anniversary of one of the most insightful economics essays ever penned — “I, Pencil.”  It wasn’t written by a professional economist; it was written by Leonard E. Read, founder and long-time president of the Foundation for Economic Education. Although Read was no professional economist, his [...]

Arthur Laffer on Energy Independence

Arthur B. Laffer on WSJ: The only real solution is Al Gore’s proposal to offset a carbon tax dollar-for-dollar with either an income or payroll tax reduction. If a carbon tax increase were offset dollar-for-dollar with an income tax rate cut, I for one would strongly support the policy. The economy would benefit because the [...]

WSJ: Bankruptcy Is the Perfect Remedy

Todd J. Zywicki (HT: TOTM): Those Washington politicians who repeat the mantra that “bankruptcy is not an option” probably do so because they want to use free taxpayer money to bribe Detroit into manufacturing the green cars favored by Nancy Pelosi and Harry Reid, rather than those cars American consumers want to buy. A Chapter [...]

Why Bankruptcy is the Best Solution

Gary S. Becker: I believe, as I stated in my November 18 discussion, that the big three auto companies should be allowed to go bankrupt…. I am disappointed that President Bush seems willing to use several billion dollars of the $700 billion financial rescue package to aid the auto companies after Congress could not agree [...]

WSJ: Bankruptcy Doesn’t Equal Death

Don Boudreaux on WSJ: Bankruptcy doesn’t make assets — such as factories, machines, contractual options to buy raw materials, workers’ skills — disappear. If markets still exist for products produced by these firms, Chapter 11 is the best way to discover this. Some workers might lose their jobs and some suppliers might lose their markets, [...]

假设我们有一把罐头刀

中央银行的难题，到现在没有满意答案的，就是收缩多少货币、按什么节奏收缩、要等待多久，才能使得物价水平恰好回落到一单位人民币购买相同数量的一篮子商品的程度。

如何给人洗脑而不提洗脑二字

拙著《经济学的争议》自2002年出版以来，得到许多朋友的支持，我深感幸运和鼓舞。出版社现准备在增删文章后再版此书。我想请朋友们友情相助，给新书书名出主意。