==> Shawn Ritenour writes a lengthy summary and critique of Market Monetarism.
==> This guy sent me his critique of Gene Callahan and my conversation on Say’s Law. Eh, I’m going to be honest: I was a little annoyed at him using my first name in such a flippant manner, but what really pushed me over the edge was when he asked if I’d ever read Say’s Law. Yeah, I’m pretty sure I even photocopied the whole section of Say’s Law of Markets when I taught it in my History of Economic Thought course. I could be a saint, realizing that Smiling Dave’s gentle sarcasm is just his schtick and that I should spend a half hour trying to help him see the light…but I’d rather do another interview with Team Brittany instead. Not gonna lie to you.
==> Ben Powell sent me his Freeman article on anarchy. I like 95% of it very much, but unfortunately the title and opening hook I think are a huge non sequitur. Ben says, “Do you think the Cambodian people, faced with [the Khmer Rouge], would have been better off with no government at all? Congratulations. You are, sometimes, an anarchist.” OK Ben, would you rather eat your left arm or a hunk of spinach? Congratulations, you’re a vegetarian, sometimes. This is the first, and probably last, time in history that I will criticize an article on anarchy that the NYT favorably links.
==> Everyone’s flipping out about this McDonald’s story, but I for one am glad they’re raising their standards. I can’t stand it when I place my order and the kid stares at me.
==> Poors Lars Christensen thinks he’s blown open a hole in Austrian business cycle theory, by saying we should claim that price inflation goes up during recessions (if we look just at the supply side). If only I had written up an article on that…