Lots of blog activity today worth highlighting:
- Andrew Leigh’s AFR piece today on income-contingent loans for everything. I have written about this recently too. He, of course, fails to mention the topical issue of housing.
- Apparently, having daughters changes male politician’s voting positions. Could someone please tell Tony Abbott?
- One of my deepest dreams is to be the “Indiana Jones of Economics.” Apparently, someone else is.
- That said, Justin Wolfers makes his own claim to that title by searching for the economist’s Northwest Passage: a rationalisation as to why Clinton and McCain’s petrol tax holiday isn’t economically insane. He fails.
- That said, Orson Scott Card does manage to rationalise Hillary Clinton’s continued campaign. Answer: she is running for the 2012 nomination.
- Nicholas Gruen makes the case for the public preservation of liquidity in the mortgage market. (See here for an earlier treatment).