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BLS Reports a Modest Increase in CPI for September

Well, I purposely went on record yesterday before seeing the numbers, so that I could have some semblance of objectivity. I said, “If it’s relatively tame, then I think Bernanke will have successfully tamed the domestic inertia in prices.” Today the BLS reports that the actual CPI went up 0.1% from August to September, and […]

Middle East Map Fun!

I am knowledgeable in many diverse fields, but one of my obscenely blind spots is geography. I am not kidding, once in Hillsdale (as a student) we had a map quiz for a history class. There was a map of the US that didn’t have the state names; I can’t remember if the borders were […]

The $850 Billion Question

You know how a few months after you first get a GPS system in your car, you no longer can find your way to the grocery store on your own? Well that’s what Robert Wenzel’s site EPJ has done to me, in terms of staying abreast of the government’s financial shenanigans. In this post Wenzel […]

Robert Reich’s Straight Talk on Health Care Reform

Clinton Labor Secretary Robert Reich gives us the lowdown on how he (and presumably his buddies in the Obama Administration?) really think about things, when they don’t have pesky political considerations to worry about. The beginning gives you the context. Be sure to hang in there, trust me you will want to hear what Reich […]

Did Bernanke Really Fix the Banking Problem?

The quixotic Von Pepe and I have been discussing the fact that Bernanke has quite literally papered over the huge problems in the banking sector. We both expect not merely another “dip” but a full-blown crash at some point. (I think it could happen any day, but I don’t want to put words in Von […]

Thoughts on Ostrom’s Nobel Prize

Steve Horwitz looks at the reactions to Elinor Ostrom’s Nobel posted by job-seeking economics PhDs at this site, and says: Warning: sexist, foul-mouthed, arrogant, ignorant little boys at their worst. Thank God for GMU. I weep for the future of the rest of my discipline. This prompts several reflections: (1) Steve has apparently not gone […]

Is Krugman Chiseling Out His Escape Chute?

In late August I was glad that Krugman had definitively said we were in a recovery. That way, if I turn out to be right and we are currently in the analog of 1931, then Krugman will be demonstrably wrong. (In much of his posts he has wiggle room, so even if things turn out […]

More Free Advice

Yes I have a bunch of work to do, which is why I’m reading mass emails that my friends send me. Notwithstanding the below video, my advice to you is this: When a lioness is going to feed her newborn cubs, get the frick outta there.