At long last, my crazy traveling schedule is winding down for a few weeks at least. Here are some things of note:
* Yesterday I was a guest on Peter Schiff’s radio show. (I think this link takes you right to the interview. Note that you DON’T have to buy membership to Schiff’s site to listen to the podcast, even though it might look like you do.) Now kids, I don’t recommend this for up-and-coming authors, but I did something quite extraordinary just after the 8:00 mark. Schiff lobbed me a softball, asking me to talk about my books, but instead I launched into an explanation of the “worst mistake of my career.” As I say, this is an advanced move; the conventional wisdom says that when a radio host asks you about your books…you start hawking your books. (Incidentally, I was on a cell phone in a Cracker Barrel parking lot, which is why Schiff and I sometimes were talking over each other.)
* Here’s my recent article on quantitative easing. It has a scary “black swan scenario” at the end.
* Vijay Boyapati is yet another person to discover the power of The Point.
* A lot of people are trying to figure out if the Fed is good or bad, in response to this fascinating paper by Selgin, Lastrapes, and White. My favorite reaction was (of course) from Tyler Cowen, who said that the 1929-1932 period showed the dangers of not having a Fed. (At least Cowen conceded that this was an odd statement to make, since the Fed was established in 1913.) Say what you will about Krugman, I don’t think he has ever categorized 2009-2010 as a “world without stimulus.”
* If you haven’t already seen it, check out the Taleb video on QE2 that Wenzel showcases.
* Here is the 34-minute talk I gave today at the Mises Institute’s High School Seminar. It was on the division of labor. It was pretty funny, if I do say so myself. Many more yuks than in Adam Smith.