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Elected Officials Bomb Test on American Heritage

From MR, via Mark Steckbeck who (if it’s the same guy) was my colleague at Hillsdale College, and note that the regular indentation refers to Tyler’s words, while the indents are his quotes from a news story: —–US elected officials scored abysmally on a test measuring their civic knowledge, with an average grade of just […]

Murphy to Write The Politically Incorrect Guide to the Great Depression & the New Deal

I am now working on a new book in the PIG series, this on one the Depression and New Deal. It should come out sometime in the spring. It puts me in a bit of a quandary. When the book is available and I link to it from this blog, should I call it the […]

Megan McArdle Has Buyer’s Regret With Obama

First let’s set the stage. In a recent post, Megan McArdle links to this story and quotes the following: Chicago economist Austan Goolsbee — once the chief economic adviser to candidate Barack Obama — may be less of a shoo-in to chair Obama’s White House Council of Economic Advisers than his admirers once imagined. The […]

Canadian Court Rules That Obese Have "Right" to Two Airline Tickets

Nope, it’s not from The Onion. And no, it doesn’t mean that obese people have the right to buy two adjacent seats if they want: OTTAWA (Reuters) – Obese people have the right to two seats for the price of one on flights within Canada, the Supreme Court of Canada ruled on Thursday. The high […]

Rob Bradley on Reason.tv Promoting His New Book

Rob Bradley, founder of the Institute for Energy Research (and yes, the guy who hired me), talks with Reason.tv about his new book, Capitalism at Work. (HT2 Dan Simmons.) Great job, Rob, you’re awesome! Seriously, Rob provides a great response to all the people who think Enron = deregulated capitalism. Rob worked for Enron for […]

"End the Fed" Rallies Planned for 38 Cities on Saturday

I just learned of a coordinated protest outside of every Federal Reserve bank planned for this Saturday (i.e. tomorrow) November 22. I would like to point interested parties to a main website but I spent 5 minutes with Google and couldn’t find it, just proving that leftists are way better at organizing than libertarians. Anyway, […]

Sen. Jim Inhofe: Paulson Warned Worse Than Depression If We Didn’t Fork Over the Money

According to Republican Senator Jim Inhofe, Henry Paulson warned that things would turn worse than the Depression if he didn’t get his $700 billion to buy toxic assets, and then changed his tune as soon as he had the money. Here is an exchange (including the audio) between Inhofe and a radio interviewer: Pat Campbell: […]

The Housing Bubble: Greenspan or Asian Savers?

UPDATED BELOW In today’s Mises.org article, I take on Henderson and Hummel’s recent Cato piece that said it was a foreign savings glut, not Fed policy, that caused the housing bubble.* The conclusion: David Henderson and Jeffrey Rogers Hummel have tried to exonerate Greenspan from his alleged role in the housing bubble. However, to do […]