Thursday, October 04, 2007

Econlinks for 04 Oct '07

  • Rules vs. discretion: Posner continues Becker's entry on rules versus discretion in the context of central banks' decisions, but by doing so he also provides an excellent general discussion on the law and economics of the subject. I don't think anybody can beat Posner in that area.

  • Vote (ex post I wouldn't bother...) for the free market hall of fame. Could have been done much better, the way they did this is a shame, really. And some of the results so far reinforce that...

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