Author Archive
It’s a Good Thing I Don’t Believe in "Intellectual Property"
What do you think, kids? At MR on October 27, Tyler pointed to the higher TIPS yield than nominal, as evidence that the market was predicting deflation. In the comments (time-stamped at 1:23 PM), I referred to a FRED graph that showed the history of the two series, in order to argue that Tyler’s explanation […]
Read moreToday, Non Sequitur; Tomorrow, Ziggy
This blog is growing by leaps and bounds. It obviously inspired this cartoon: (HT2 Steve Horwitz)
Read moreTwo New Websites
Ilana Mercer and Matthew Mueller have both recently launched new websites, which may prove interesting to Austro-libertarians.
Read moreI Told You Greenspan’s "Admission" Was Fatal
Reader Bob Roddis alerted me to this annoying cartoon. All I can say is, I told you so.
Read moreCap & Trade: If I Can Change Just One Mind…
…I’m not sure it’s worth it, but hey it’s encouraging. AEI’s Ken Green and I butted heads (politely) at last year’s Heartland “denier” conference in NYC. Green acknowledged the caveats but, at that time, still thought the government should try to implement a revenue-neutral cap & trade program. He has now apparently retracted his earlier […]
Read moreTwo Random Notes
Andrew Sullivan linked to my Crash Landing post challenging Obama supporters to list things that he could do (assuming he wins) that would make them regret their current support for him. Traffic jumped 732% from the previous day. Too bad there are no Google ads over there! On a completely unrelated note, my friend Sam […]
Read moreIs the Market Forecasting Deflation?
As I have explained in a previous post, a typical measure of the market’s inflation forecast has been falling, and just recently actually went negative. Specifically, if you take the yield on 5-year Treasurys and subtract the yield on 5-year TIPS, that should give you an approximate reading on what investors think annual increases in […]
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