Please - Increase good economic thinking

Ideas

Mish - you have noted bloggers that increased your understanding of Austrian school of economics. Many people in the "arena" of life are making difficult choices (e.g., elected officials, appointed officials, small business owners, corporate executives, sports leagues, doctors). So many of your blog articles just blast their decisions or talk about political polls. Since polls say Biden will win and he is not in office now, how about educating everyone with ongoing articles about the economic impacts of policies being proposed/supported by Biden and his party, good and bad? Instead of a blog about relief packages of $1T by Republicans and $3T by Democrats leading to who is likely to win in November, how about educating with articles about what would be the best way to help the economy and build businesses using Austrian school economic principles? If Illinois is such a mess, what are good national policies and who is promoting them? You recommend right to work laws and no public unions. Will Biden bring those policies? If not, what will his policies look like? Is heavy government programs and intervention better? How are countries with socialist programs better? Please make a difference. You have a platform and would do well to educate readers on ideas where you could influence thinking about sound economics (vs making repeated attacks on those who must make choices and repeating polls that are in the news already). Of all times, now is when sound economic principles are needed - whoever wins an election.

Comments (4)
No. 1-2
Curious-Cat
Curious-Cat

IMHO what is going on currently with the virus and the stimulus packages is so monumental as to make Illinois (admittedly serious) problems and the economic impact of Biden's possible policies insignificant by comparison. We have no idea what the US economy will look like in 3 months, why speculate on the effects of policies that may be completely inappropriate by then. If anyone should explain Biden's possible policies, it's Biden, not Mish.

With all due respect, what you are asking Mish to do is to debate which color we should paint the mast while the boat is sinking.

Russell J
Russell J

I think that is a great idea and request. Policy is everything. It does determine to a great degree which direction things go, our current situation is a good example, terrible, unclear policy=terrible, unclear situation / future.

It is much more important to talk about Biden's or more importantly the vice presidents policies ( Biden probably won't complete his term ) and their effects than todays gdp #'s or an idiotic tweet from Trump.