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Think Twice News, on the Tea Parties

My old college / grad school buddy Jason Osborne is producing a series on the Tea Parties. Here is the first episode. Note: I’m not embedding it here, because if you go to YouTube and click the HD in the bottom right corner, you get a much nicer picture. I had recorded some audio comments […]

"Charles Krauthammer Day"

I have to admit, the leftists are more clever than their right-wing opponents. It’s too bad they don’t know how market economies work. This guy celebrates “Charles Krauthammer Day” (HT2 Brad DeLong) because back on April 22, 2003, Krauthammer said: DR. KRAUTHAMMER: Hans Blix had five months to find weapons. He found nothing. We’ve had […]

Fed Misled By Libertarian Dogma

So argues Henry Kaufman in FT: The Federal Reserve has been hobbled by at least two major shortcomings that were primarily responsible for the current and several previous credit crises. Its failure to spot the importance of changing financial markets and its commitment to laisser faire economics were big mistakes and justify a fundamental overhaul […]

Mankiw Doesn’t Realize When He Has Been Beaten…

…and portrays me as an unrealistic ideologue. (In fairness, I implied Mankiw was crazy in my original Mises.org critique to which he was responding, so he handled it with class.) Mankiw first quotes me, saying that future inflation is not necessary to clear the market, because another solution would be for current prices to fall. […]

Another Northern Female Political Leader

Though this one is indisputably cool, as all partisans must agree. If you’re really important and work at a law firm or something, it’s probably not worth watching the whole thing, but be sure to listen to her discussion of the city’s financial situation. (Thanks to my wife Rachael for the link.)

CNBC’s Description of John D. Rockefeller

OK so I was taking a break in between tasks and flipped through CNBC’s Best American CEOs of All Time slideshow. #6 was Rockefeller, and here’s what they had to say: It’s hard to top Rockefeller as a monopolist or philanthropist. While doling out dimes and nickels to the poor, John D. built a sprawling […]

Taking the Good with the Bad: N. Gregory Mankiw

I have two negative things to say about the analysis of Greg Mankiw, so let me start off with two positive things. First, check out this hilarious post where he busts the hypocrisy of Ben Bernanke. Second, reader Stan Kwiatkowski sends me this blast from the past where Mankiw praises Barney Frank for citing Mises […]

How Tyler Cowen and David Friedman Can Get Rich(er)

One of the things that contributes most to my feelings of guilt is that I have to blow off so many people who email with possibly fantastic new ideas that would revolutionize a particular academic field or even the “real world.” More and more, I’ve had to say, “You may very well be right, but […]