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Calling a Foul in the GMU / JMK Grudge Match

As longtime observers of the Geeconosphere League well know, in college hoops Team GMU has an old rivalry with Team JMK. On Team GMU we have starters Bryan Caplan, Russ Roberts, and Arnold Kling (who just transferred from another school in a weaker division), while on Team JMK we have Paul Krugman, Brad DeLong, and […]

Fed Balance Sheet Breaks Record

According to Reuters: NEW YORK, Jan 14 (Reuters) – The U.S. Federal Reserve’s balance sheet rose to a record in the latest week, boosted by its ongoing efforts to support the mortgage market, Fed data released on Thursday showed. The Fed’s balance sheet — a broad gauge of its lending to the financial system — […]

So That’s Why Cass Sunstein Has Been Donating to Free Advice

Ralph Raico draws our attention to this very disturbing story. I’ll let Glenn Greenwald explain (emphasis mine, and I corrected two typos): Cass Sunstein has long been one of Barack Obama’s closest confidants. Often mentioned as a likely Obama nominee to the Supreme Court, Sunstein is currently Obama’s head of the Office of Information and […]

Inflation Numbers Out

The CNBC report was fairly neutral, though the headline says, “Inflation Stays Tame.” If we trust my early morning math, I calculated that from Dec 2008 through Dec 2009: * Actual CPI rose 2.7%, and * “Core” CPI (less food and energy) rose 1.8%. These are not “liquidity trap” numbers (though technically Krugman et al. […]

George Carlin: The Game Is Rigged

Wow. I made an offhand remark in this post saying that I thought Carlin was hilarious, but that his condemnations of capitalism could sometimes be absurd. Well some people called me out in the comments, and in retrospect I was not nearly as cynical back then as I am in more recent years. So it’s […]

Cheap Gucci Boots…

…are apparently ugg on sale now ugg. Does anyone know how I can reduce the frequency of these spam comments, without inconveniencing you or me?

Obama Bask, Brought to You by the Letter K

OK kids two basks (blog asks): (1) I am working on an op ed dealing with this “bank fee” nonsense. (Can you guess my take on the issue?) I want to make the point that if even the non-TARP-recipient banks have to chip in because they benefited, then so does the whole country. After all, […]

More Marijuana Moves

Mark Weber alerts me to this story: TRENTON — New Jerseyans suffering from debilitating diseases would be able to get prescriptions for marijuana to ease their pain under a bill that passed both legislative houses [January 11]. The Assembly approved the “Compassionate Use Medical Marijuana” bill 48-14; the Senate passed it 25-13. Gov. Jon Corzine […]