* You know how it wasn’t the Fed that caused the housing bubble, but those Chinese savers? Well Paul Krugman tells us it’s the same story with rising food prices–not the Fed’s fault, but those Chinese eaters.
* Lew Rockwell has a really nice historical and psychological analysis of right-wing warhawks. (I.e. he offers plausible theories as to why they ended up with their current views, despite the non-interventionist Old Right tradition.)
* David R. Henderson points out the irony of DeLong’s latest “Stupidest Man Alive” nominations.
* Mark your calendars! On February 11 Glenn “Kane” Jacobs and some of us from the Mises Institute will be in Knoxville for an introductory seminar. There will be no matches because all the steel cages were rented for that day.
* Bob Wenzel has another piece of evidence that your pension funds are not safe from the feds.
* I don’t have time to go through this myself, but check out the excerpts Wenzel pulled from Bernie Sanders’ proposal to reform the Fed.
* Viresh Amin sends along his pick for the next George Carlin. (Apparently PhD economists are not eligible for this award.) Warning: some naughty words.
* Seriously, this is a touching story. A homeless guy claimed to have a Golden Voice, and he ended up getting a job with the Cleveland Cavaliers. (HT2 somebody at LRC, but I can’t remember who…)
* You know how they can’t keep drugs out of prison? Apparently they can’t keep out smartphones, either. You know what, kids? If and when they round up all the bloggers who want a smaller government, at least I’ll be able to write one heck of a journal article. I’m shooting for the QJE.
* Here’s today’s Mises Daily, in which I take on Scott Sumner. However, I think this is more like the famous EPR objection to (a certain interpretation of) quantum physics. I think Sumner will read this and say, “Yes, I admit my explanation for your scenarios sounds strange, but that just shows the power of my model. That is in fact what would happen, and it’s why I would be coasting smoothly through such a weird situation, whereas you Austrians would be fumbling all over the place.” HINT: The photo at the top is the best part of the article.