==> David Beckworth says the Fed isn’t monetizing the debt, and has Tyler Durden destroy something beautiful. (Actually that joke fails on two counts, because it’s not Tyler Durden but a guest blogger, and it wasn’t Brad Pitt but Ed Norton who messed up the pretty boy’s face in the movie.)
==> Mark Spitznagel applies Austrian business cycle theory to the Obama reelection.
==> I’m on “expert” on climate economics. AOL said so.
==> Redmond Weissenberger is teaching a class on the politics behind global warming. Redmond is the founder of the Mises Institute in Canada, and he is very knowledgeable about these issues, though some of you would no doubt classify him as a “denier.”
==> Proving that His libertarian critics are right, God kills another 2.5 men.
==> NoahReadaFriedrich writes: “It was Robert Lucas and Edward Prescott who truly restored Hayekian “classical” economics to dominance in the macro field, with their models of frictionless economies and near-optimal business cycles.”
==> If any of you are bored, please go to this Scott Sumner post and figure out for me what the top marginal *income tax* (not including payroll tax) rate is, for someone making $275,000 in salary, but with $0 in investment income, in 2013. I am very fragile and can’t talk with those bullies in the comments anymore.