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Glenn Beck Brigades Are Loose!

This is so ridiculous. Paul Krugman has a post called “Rioting Against Health Care Reform.” I only watched the first 2:30 of this, but it hardly looks like a riot. If Krugman actually listened to Glenn Beck, he’d know that Beck’s fans like to quote the Federalist papers. I’m not saying Glenn Beck’s growing popularity […]

The Coming Marijuana Legalization

The more I think about it, the more certain I become that there will be significant liberalization of the marijuana market within the next three years. I expect that at least half of the states will allow small purchases of marijuana, perhaps under an open ended “medicinal use” clause. The power elites in D.C. are […]

California Government Won’t Accept Its Own IOUs

This is pretty funny (HT2LRC): SAN FRANCISCO (CN) – Small businesses that received $682 million in IOUs from the state say California expects them to pay taxes on the worthless scraps of paper, but refuses to accept its own IOUs to pay debts or taxes. The vendors’ federal class action claims the state is trying […]

Mark Thoma Continues to Spread Myths About the Great Depression

Greg Ransom sent me this very interesting NYT piece on BB&T’s John Allison and Ayn Rand. Check out this absurd remark from Mark Thoma: Mark A. Thoma, an economist at the University of Oregon, says the financial crisis would have been worse if the government hadn’t rapidly intervened. “I completely disagree with the idea that […]

We’ll Get Through This Depression, Really

As with most of my writing, my previous blog post on this topic did not receive the attention it deserved. I don’t think I specified clearly enough why we are all fantastically rich, were it not for dumb government policies. Just take organ markets. If the government made trade in body organs as regulated as, […]

Don’t you hate it when…

…you call a business and the answering machine tells you to call back during normal business hours, which include the time at which you’re hearing the message? I also get mad when the self-checkout stations at the grocery store boss me around. (“Please put the item in the bag.”) Like I’m trying to steal a […]

Scratch Brad DeLong Off the List

This is all I’m looking for, no big requirements on my end. Brad DeLong quotes Robert Lucas who argued that nobody saw this train wreck coming, and then comments: some economists did indeed forecast the financial crisis of 2008–or, rather, forecast that Alan Greenspan’s low interest rate policies of 2002-2004 (policies I approved of and […]

Glenn Greenwald the Most Dangerous Blogger in the World for Keith Olbermann

Uh oh GG is stirring up more trouble. For months, Olbermann and Bill O’Reilly had been sniping at each other (on their respective shows). But then on June 1, Olbermann announced that he would no longer crack jokes about the creator of the No Spin Zone, because (he claimed) O’Reilly had endorsed the murder of […]