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Another Reply to Krugman’s "Hangover Theory"
For those atheist readers on the verge of abandoning this blog, I humbly offer this response to Krugman’s critique of the “hangover theory” of recessions. An excerpt: In the present article, I will set the record straight. Krugman’s theoretical criticism of (what he dismissively calls) the “hangover theory” of recessions is silly, and his empirical […]
Read moreCan God Make a Rock So Heavy He Can’t Lift It?
This is a standard arrow in the atheist’s quiver. I’m not saying it is the only or the preferred arrow, but nonetheless I think many, possibly most, atheists think it is a perfectly valid illustration of just how preposterous the very concept of God is, at least the “God” that Western people know. First, it’s […]
Read moreJesus and the Law
One of the trickiest issues for a Christian is the Mosaic Law. Jesus claimed that He was the fulfillment of the Law, and yet in many respects He clearly overturned it. One of the most fascinating passages in all of Scripture occurs in Mt 19: 3-9: 3 The Pharisees also came to Him, testing Him, […]
Read moreWhy Does God Let Bad Things Happen?, Part 6
If the following describes the actual sequence, then it would be understandable why God lets really awful things happen occasionally. * The first decision God made was that His creatures would have free will. Only then could He shower them with love, and hence only then would God be complete. (It’s hard to imagine a […]
Read moreCongresswoman Bachmann Stumps Geithner and Bernanke
I had heard lots of people praising her, but until Robert Wenzel posted the below video on his site, I hadn’t actually watched Michele Bachmann asking Treasury Secretary Geithner and then Fed Chair Ben Bernanke a simple question: “Can you point to me where in the Constitution it gives you the authority to do these […]
Read moreWorried About Inflation? Just Let the Fed Float Its Own Debt
I tease him a lot, but Robert Wenzel is right when he gloats that he has been blogging about the real reason the Fed wants to issue debt. (I recall much more pedigreed economists being baffled by the Fed’s request.) So anyway, SF Fed Bank President Janet Yellen confirms Wenzel’s theory: The Fed wants to […]
Read moreThe Threat of Hyper-Depression
I have another cute and cuddly piece at the Daily Reckoning today. Some excerpts: [T]he country is currently headed straight into a period of very rapid price hikes and a very bad recession. It would not surprise me at all if the national unemployment rate and the annualized rate of consumer price inflation both broke […]
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