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Does That Word Mean What I Think It Means?
This Media Matters smackdown on a Fox lady (I’m not saying a foxy lady. mind you) is upset because she said “Social Security: already bankrupt.” But it’s not so much that what she said was false, rather it was nonsensical. You’re either bankrupt or not, right? If GAAP says I will be bankrupt in three […]
Read moreI Just Solved the Life Expectancy Problem
Oh my gosh, I made the mistake of actually reading the first 1/3 of the comments on this Bill O’Reilly Media Matters brouhaha. I don’t want to encourage you folks to read it too, but it’s kind of like when you smell something really awful and want to share it with others. In any event, […]
Read moreOld Testament Prophecies of Jesus
For believing Christians, one of the more convincing pieces of evidence confirming their worldview is that Old Testament writers seemed to have uncanny descriptions of the life of Jesus. For example, here’s Psalm 22: 1-18: 1 My God, My God, why have You forsaken Me? Why are You so far from helping Me, And from […]
Read moreUS Life Expectancy Rates
The chief activity in the geeconosphere is to bring up alleged facts (which I doubt anyone verifies) and then bust out theories to explain these stipulated facts using economic logic and a dash of pizazz. The latest example concerns health care, of course. (Not only do the feds take half our money, they get to […]
Read moreIf You’re Going to Establish a Cartel of Banks, Make Sure You Control It
Krugman links (with extreme official disapproval) to this Willem Buiter piece. Krugman excerpted Buiter’s funny opinion of Larry Summers, but I was more interested in his (Buiter’s) description of how the Fed installs its leadership. He concludes: This arrangement amounts to one where a regulated industry, the US banks regulated and supervised by the Fed, […]
Read moreHow Can Destroying Products Be Good for Consumers?
I’m still at Mises U, so that’s why the posting has been so sparse. On the bright side, I had a pretty good “Mises Circle” talk that I will link to when it goes up on the LRC podcast. There also may be some new karaoke YouTubes floating around to incriminate me in the near […]
Read moreThere’s No "I" in IER
Lately we’ve had some pretty good stuff come out at the Institute for Energy Research (IER), if I do say so myself. And such horn-tooting isn’t as bad as it first seems, since the below were truly team efforts. * In this press release we pointed out the irony of Joe Biden’s recent recommendations to […]
Read more"Why won’t he write?"
Excuse the paucity of posts; on Saturday I went to Dick Clark (the younger)’s wedding to Justina White and then I went straight from there to Mises University. For those who know him, let me mention that Dick’s wedding was great; we had the best karaoke ever for the afterparty. I know that might sound […]
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