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Waxman-Markey Causes Civil War on the Left

The head of NASA’s Goddard program Institute for Space Studies, James Hansen, was one of the first climate scientists to raise the alarm over global warming. He has recently written [.pdf] that unless we reduce atmospheric concentrations of CO2 to 350 ppm (they’re currently at 387 ppm), we may be handing our descendants a climate […]

Mish Should Ditch His Deflation Fears

So I argue in today’s Mises Daily: Whatever happens to the absolute levels of various prices, certainly the relative prices of hard commodities and staples will rise, compared to the prices of mortgage-backed securities and commercial paper issued by a coal-based utility company. Even if the “debt deflation” scenario is generally right, the absolute effect […]

Two Audio Suggestions

* Here is my talk [.mp3] to Christ Presbyterian Church (in New Braunfels, TX). The topic was the Great Depression, then and now. I think this was the biggest crowd I have given a talk to, except for my high school graduation. There were more than 250 people at this thing, I believe. Also, hands […]

Pussyfooting Around Evil

In a recent post on John Calvin, Tyler Cowen wrote something that caught my eye: “Here is one reason why there is “evil” in the world…” If you go read it in context, Tyler isn’t (I don’t believe) putting “evil” in quotation marks to mean “evil as Calvin defines the term.” No, I think Tyler […]

Krugman: "Bob Murphy’s Novel Thesis Is Right!"

OK that’s not quite what he said, but look: In this post Krugman argues that, heh heh, if you naively look at the data, heh heh, it seems that the Fed cutting interest rates actually hurts the economy. And so the Chicago School monetarists are being hypocritical when they condemn fiscal stimulus, because their own […]

Salvation Through Faith or Works?

I was raised a Catholic, and now call myself a born-again Christian. The biggest doctrinal change is that as a Catholic, I thought that the way you “get into heaven” was by trying to live a good life, and then if God thought you made the final cut, you got onto His team. But you […]

Checking in From FreedomFest

I am trying to contain costs during my Vegas getaway, so I had toyed with the camel-esque strategy of loading up at 3pm at casino buffets to knock out two meals at once. (I actually don’t think it’s a good idea.) I texted Robert Wenzel, who said the Mirage buffet was good, and it was. […]

NYT Calls It "Torture" When Iran Does It

It’s not surprising that Glenn Greenwald busted the NYT on its double-standard regarding the use of the word “torture.” (Hint: Americans don’t torture.) But if you’re interested, click on the link and see just how red-handed the NYT gets caught. Here’s Glenn: It’s not particularly unusual for a government to permit itself to do something […]