Arnold Kling: April 2004 Archives

What's Wrong with Social Security?

"Occasionally, I run into people who believe that no one in his right mind would design a retirement system like the one we have. Some of the details do seem far from satisfactory to me. However, looking at the... Read More

What's Wrong With Paternalism?

"My training is in physics, so I hesitate to make pronouncements about economics; but it seems obvious to me that for the government to spend a dollar on public goods affects total economic activity and employment in just about... Read More

Hating the Solution

"So they go on in strange paradox, decided only to be undecided, resolved to be irresolute, adamant for drift, solid for fluidity, all-powerful to be impotent." -- Winston Churchill, November 12, 1936 Suppose that you are a middle manager... Read More

Pandora's Bundle

"Block booking of movies was the offer of a fixed package of movies to an exhibitor; the exhibitor could not pick and choose among the movies in the package. The Supreme Court banned the practice on the grounds that... Read More

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