16 May 2013

Don’t Ever Talk to the Police

Big Brother 50 Comments

This is a classic. If you’ve never seen it, you need to watch this. You can start watching at 5:55 if you’re short on time.

16 May 2013

Jon Stewart Rips Obama’s “I Just Heard About This Too” Defense

Big Brother, Humor 2 Comments

I don’t need to comment on news of the day when we’ve got the Daily Show:

16 May 2013

“If the Fed Ever Started Monetizing the Debt, We’d Be in Trouble…”

Federal Reserve 7 Comments

The CBO recently revised its estimate of the FY2013 deficit down to “only” $642 billion. The Fed is still buying $45 billion per month in Treasury securities, on average.

So that means the Fed will monetize 84% of the Treasury’s deficit this fiscal year. And it’s not chump change, the deficit is still over half a trillion dollars.

15 May 2013

The Zombie Returns! See Tom Woods and Bob Murphy June 8 in NYC

Shameless Self-Promotion, Tom Woods 2 Comments

More plugging:

Go here for full details.

14 May 2013

First Music Video Shot in Orbit

All Posts 8 Comments

Apparently this is Commander Chris Hadfield on board the International Space Station.

14 May 2013

Tennessee Police Take $160,000 From Guy at Traffic Stop

Big Brother 10 Comments

Tell me this cop doesn’t seem like a lying bully.

14 May 2013

Final Exam, Intro to Microeconomics

Steve Landsburg 2 Comments

You have 30 minutes. Read this actual news story and then explain, to the best of your ability, how Steve Landsburg would discuss this on his blog.

14 May 2013

Optimal Stopping Time

Daniel Kuehn, Economics 85 Comments

This is a real thing in economics. Applied to “provocative” (not my term) essays, the rule is this: When you read: “the relationship between Nietzsche and the free-market right…is thus one of elective affinity rather than direct influence, at the level of idiom rather than policy,”

…you can safely stop, and turn to something else. Absolutely nothing good will come of it. The writer can insinuate the most absurd things, and yet always claim, “I never said that!” if you object. Just move on with your life.

You still don’t get my point? Okay, as I put it to Daniel Kuehn (who, needless to say, thought the Nietzche/Austrian article was “fascinating”):

I skimmed a lot of the article. I’m not even being snarky; I have no idea what the guy’s point is. It’s like talking about the connection between Ronald Reagan and Star Wars, since they both were popular in the same cultural era, except SDI was actually nicknamed Star Wars, so it makes more sense than this article.