Potpourri
==> At Mises CA I have a short note on John Bugas, a colorful character who embraced the notion of consumer sovereignty as a way of defending capitalism.
==> Chip Knappenberger and Pat Michaels evaluate the climate models.
==> Plosser wants to raise short-term rates sooner rather than later. My kind of central planner!
==> My latest FEE piece on occupational licensing. An excerpt:
It is a paradox of our age that the interventionists think the public is too stupid to consult Angie’s List before hiring a lawyer, and so they need politicians to weed out the really bad ones by requiring law licenses. Yet, who determines whether a person (often a lawyer!) is qualified to become a politician? Why, the same group of citizens who were too stupid to pick their own lawyers.
Knappenberger and Michaels’ claims are demonstrably flakey. I have invited Chip several times to respond to my critique of their AGU poster, but he has yet to take up the challenge. I think my points are beyond reproach from a statistical perspective, but I’d be happy to hear any counterarguments. http://stickmanscorral.blogspot.com/2014/12/climate-capers-at-cato.html