This is scheduled to disappear from Yahoo soon — I wanted to capture it before it went away. Its a criticque of Supply Side economics by Charles Wheelan, former US columnist for the Economist, and at present an economics and public policy professor at the University of Chicago and visiting prof at Dartmouth College. Wheelan is the author of Naked Economics: Undressing the Dismal Science.
Debunking One of the Worst Ideas in Economics
Wednesday, May 3, 2006
"In this column, I’m focusing on bad economics. In fact, I’m going to write about what I consider to be the two worst economic ideas — or at least ideas that pass as economics, though both have been thoroughly repudiated by nearly all credible thinkers.
When I say worst, I don’t mean the most outlandish (e.g. stock prices are controlled by aliens) because those ideas usually collapse of their own weight. Rather, the most pernicious bad ideas in economics are those that have a ring of truth. They’re hard to debunk because they have a certain intuitive appeal. As a result, they stick around, providing bogus intellectual cover for bad policy, year after year, decade after decade.
For the sake of political balance, I’ll skewer a favorite of the right in this column, and then a favorite of the left in my next piece.
How cool is this?
Websites as graphs displays your website as a graph of colored, connected dots representing the various HTML entities.
Below is a graph of the Big Picture:
After the jump, I grabbed a bunch of other sites for comparison purposes: