Mario Rizzo
Mario Rizzo's Latest Articles | 64
Taxes Are Already Scheduled To Rise
President Obama and his various spokespeople are saying incessantly that deficit reduction as a requirement (thanks to the Republicans) to raise the debt limit... Read »
The Current Debt and Budgetary Impasse
One of the most important, but frequently ignored, aspects of the current negotiations about raising the debt ceiling is the lack of credible commitment on each... Read »
The Long-Run versus the Short
In this past Monday’s New York Times (July 11th) there appeared an article entitled, “Economy Faces a Jolt as Benefit Checks Run Out.” The following excerpt... Read »
The Attack on Dignity and Moral Autonomy: The Case of Cigarettes
The latest in the paternalistic actions of the federal government are a kind of reductio ad absurdum. At least this is how it might have seemed ten or fifteen years... Read »
Confusion Masquerading as Science? Taxes and Spending
I am always amazed that when many economists give policy advice the sophistication and logical rigor that the discipline so values gets completely lost. There... Read »
Is Economics a Public Good? How Would We Know?
What is the economic justification for using tax money to subsidize the production of economic research? The standard answer is that academic economists produce... Read »
Consumer Data: Who Owns It?
Richard Thaler is one of those academics with an excess of nervous energy. He is constantly on the look-out for ways that he and his soft-paternalist sympathizers... Read »
George Soros, F.A. Hayek, and The Constitution of Liberty
I think George Soros is a good man. To me he seems like a person who wants to make the world a better place. He, like Keynes, is against comprehensive economic planning... Read »
Are Market Rates Below the Natural Rate Again?
We know from Wicksell’s (1898) Interest and Prices, there is something important about the interest rate that balances saving and investment in an economy over... Read »
Libya and the Rule of Law
Frank H. Knight had an important insight about economics. Howsoever we may seek to narrow it, the basic human interests that make the subject important lie at... Read »







