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Social Security Update

Hey kids, last month the latest Trustees Report for Social Security and Medicare came out. Check out the following excerpt summarizing the condition of Social Security. Note that because they have a bunch of IOUs from the Treasury in the “trust fund,” which are rolling over at interest, the trust fund can grow even in […]

Coalition to Reduce Spending–Does It Include Me?

I know a guy involved with this project and he asked me to endorse it. What do y’all think? If you wish, you can distinguish between the very idea of someone with my gravitas giving an endorsement to this kind of dirty political thing, versus this particular dirty political thing.

Thoughts on Hell: Regrets, I’ve Had a Few…

The two biggest objections I have been getting on my Sunday blog posts are along these lines: (1) “Why would a good God let bad things happen?” and (2) “Only a sadistic being would punish us for eternity just for not worshipping/believing in him.” Today I want to concentrate on (2), although I imagine the […]

Tom Woods & Friends Launch “Liberty Classroom”

The internet just keeps getting cooler. Tom Woods has launched his Liberty Classroom, where he and other liberty-loving lecturers guide you through world history. (An economics program is coming soon.) There is a modest fee that gets you access to everything. However, you can view some freebie material before deciding whether to steer some of […]

Paul Krugman Hits the Bar Before Answering Steve Keen

I am super busy with “day job” stuff so I can only do a hit-and-run: In the big blogosphere battle between Krugman and Steve Keen, the latter threw out some sweeping insults of New Keynesian economics. One of the things Keen said was: Firstly, there are similar underlying principles to the DSGE models that now […]

Utilitarians Might Want to Save This Defense for Later

Bryan Caplan: The key difference between a normal utilitarian and a Leninist: When a normal utilitarian concludes that mass murder would maximize social utility, he checks his work! He goes over his calculations with a fine-tooth comb, hoping to discover a way to implement beneficial policy changes without horrific atrocities. The Leninist, in contrast, reasons […]