Archive for Conspiracy
Fellow Rothbardians: The Jig Is Up
I told you guys not to push it, or else our whole plan would blow up in our faces. Now seriously, who went and typed in two sentences on the Wikipedia entry for “liquidity preference,” explaining that Murray Rothbard disagrees that it is the proper way to explain interest? Who was it? It’s better if […]
Read moreA Move to Significantly Weaken the Debt Ceiling?
I got this from a pretty sensible fellow over email. I haven’t had time to confirm it myself, let me know what you folks think in the comments. ===== A very little reported part of the law passed last night to end the government shutdown is described below: The Devil Is in the Details. While […]
Read moreA Risk-Free Prediction on the Economics “Nobel” That Is All Upside
I am not making a formal prediction here, so if it doesn’t pan out, no harm. However, it occurs to me that to the extent one thinks the various Nobel Prizes (and related “Nobel Memorial Prize in Economic Science” award) are issued for political reasons,* rather than strictly for merit, then I would expect this […]
Read morePotpourri
==> I think President Obama should read from this website in celebration of Columbus Day, in order to win over Sean Hannity. ==> My favoriet go-to guy for climate science is Chip Knappenberger. Here’s his archive at Cato. In particular, y’all should be aware of the skullduggery in the latest IPCC report (AR5), in which […]
Read moreObamaCare Is Just a Stepping Stone to Nationalized Health Care
Home Depot joins the list of employers cutting back on medical coverage for their workers as ObamaCare looms. This should not be surprising: It is a logical consequence of the incentives set up by the scheme, just as surely as colleges are now cutting back on the courses they offer, in order to keep more […]
Read moreMs. Yellen, It’s a Trap!
That Larry Summers is one sly dog. With his “surprise” move to continue QE3, Big Ben just bought himself some time to safely exit the scene, following the pattern of the last two Fed handovers: (It should go without saying that the red lines above are only approximately correct. You can tell I don’t have […]
Read moreSee the Knots the Federal Government Is In, Regarding “Social Cost of Carbon”
This is pretty funny. In my Senate testimony one of the key points I made was that the Office of Management and Budget (OMB) guidelines state that federal agencies are supposed to do cost/benefit calculations using both a 3% and a 7% discount rate. Yet the Obama Administration Working Group only used 3% and 5% […]
Read moreKrugman Is Very Influential–Except When It Comes to Economic Policy
Way way way back on July 3, Krugman wrote a post with the sarcastic title “Nobody Pays Any Attention to What I Say.” Here’s the gist of it: Or that’s what people keep telling me. Actually, one of the odd but revealing things about modern conservatives is the way they alternate between paranoia about the […]
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