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The Policeman Is Not Your Friend, Part 321
William Grigg posted this outrageous story at the LRC blog. For those who think, “Sure, once in a great while there are a few bad apples in the police force, but these whiny liberals need to quit their bellyachin’,” I encourage you to read these stories I occasionally relay. I only pass on the most […]
Read moreBuy Local?
Today was the ISI conference on “Freedom and Virtue: Challenges and Prospects in a Time of Economic Crisis.” It was fun for me because (a) it’s my first ISI conference and (b) one of the speakers was Hillsdale College’s Gary Wolfram, who was my professor and then boss. I’ll post the videos when they’re available. […]
Read moreI’ve Heard of Hedging Yourself With Gold, But This Is Ridiculous…
Robert Wenzel discussing the views of billionaire investor Carl Ichan: That’s why he could say this morning on CNBC that there is a real risk of a double-dip recession and the market is acting in a “schizophrenic” way, which could cause a “bloodbath” for investors. How much more schizophrenic can you get than my forecast […]
Read moreIt’s Hard to Outfox Me
I was flipping through the radio on my way to the airport this morning, and in between songs the DJ said, “The White House today reacted with surprise to the announcement that President Barack Obama won the Nobel Peace Prize.” I was astounded. They couldn’t possibly have given it to him. That would be even […]
Read morePotpourri
I have yet another trip, this time to the ISI Conference in Indianapolis. So no blogging until at least Friday evening. In the meantime: * My discovery, Edward Gonzalez, in his first Mises Daily. * Mish doesn’t like all this fuss about oil not being priced in dollars. Does anyone actually know the details here? […]
Read moreDeflation Propaganda Campaign Claims Bryan Caplan
Bryan Caplan defends Scott Sumner (already we should suspect trouble) and remarks: Looking at the numbers makes it hard to believe in a quick return to full employment. During the 1980-2 recession, there was high inflation. All employers had to do to get real wages down to full employment levels was (a) avoid nominal wage […]
Read moreMarkets in Everything
Has anyone else noticed that MarginalRevolution has a featured ad (in the top left) that blames all of our health care woes on the insurance companies? A lot of the time, the ads have the catch phrase, “If the insurance companies win, we lose.” Note that this doesn’t seem to be a random google ad. […]
Read moreGold Keeps Chugging
Dang! As of 12:30pm EST, gold is up 1.17% this session. Right now the (future) contract is trading at $1056.60 / ounce.
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