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The US Economy Is Rotting From Within

Whether by accident or design, the federal government and Federal Reserve have joined forces to systematically paralyze the US financial sector. We now have have a czar saying he can take back money that executives have already been paid: Kenneth Feinberg, the Obama administration’s pay czar, said on Sunday he has broad and “binding” authority […]

More Thoughts on Economists Making Excuses

I’ve been really disappointed in economists taking the Robert Lucas / Bill Easterly approach in answering the Queen of England’s perfectly good question, “Why didn’t you economists see the financial crisis coming?” To refresh your memory, here is what Easterly (a big-name economist at NYU who has done some cool work on development) said: First, […]

Potpourri

* Mario Rizzo on the issue of whether economists should have predicted (forecast) the financial collapse. * The Economist on the experience of John Law and fiat money. (HT2TAE) * Paul Green offers practical tips for Internet privacy. I have been urging techie/security guys I know, to write up such an article. What do people […]

A Pacifist No Longer

A lot of people are emailing me about the controversy. What can I say? I run into some old timers telling me how great socialized medicine is, and I just lose it.

Bill Maher: Americans Are Dumb (When They Oppose Bigger Government)

Alex Tabarrok links to this Bill Maher rant: Or take the health care debate we’re presently having: members of Congress have recessed now so they can go home and “listen to their constituents.” An urge they should resist because their constituents don’t know anything. At a recent town-hall meeting in South Carolina, a man stood […]

Calling People "Illegals"

That practice has bothered me for a while now. It’s true, I definitely fall into the “open borders libertarian” camp, but that’s not really the point in this post. If someone says, “I am concerned that there are so many immigrants coming in, and I think that wouldn’t happen if the border lands and roads […]

Now They’ve Got Me Pegged

An unanticipated drawback to writing this unorthodox book review is that Amazon now suggests some very childish books when I visit the site. (When I wrote the review, I had to get the picture of the Smash! Crash! cover from Amazon.)

The Lord Never Wastes a Crisis

Picture this: An Iranian man finds himself washed ashore a California beach. He stands up, dusts himself off, and starts announcing to people that they are going to die because of their fornication. He delivers the message with such conviction and lack of sympathy that it just clicks and people actually believe him. He’s not […]