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Murphy Twin Spin

You’ve been working hard all year, you’ve been a good boy, and you just need something to kick back and relax. Today makes it all worthwhile, my friend. * At Mises.org I show that economists are actually quite hilarious. No, they don’t tell rabbi jokes or ask you to pull their supply curve. Instead, they […]

Car Czar Rips Free Market and Praises Mao?

I heard the audio clips on Glenn Beck a while ago, and my cousin just sent me the YouTube. The “shocking” things are quite shocking indeed, but Obama car czar (and former assistant to the president of United Steel Workers) Ron Bloom says the stuff so nonchalantly that I would like to know the context. […]

Just in Case You Missed It Yesterday: CNBC Considers 3.7% Annualized Inflation "Tame"

I won’t bore you with the full analysis, since it’s virtually the same as for yesterday’s PPI figures. So the quick version: The CNBC main page blurb says “Housing Starts Drop; Inflation Tame,” yet the actual story is that (seasonally adjusted) CPI rose 0.3% from September to October. So with rounding, that’s an annualized increase […]

Geeconosphere Joke of the Month

From Zdeno in the comments at EconLib: How many neo-keynesian economists does it take to change a lightbulb? Wait for it…. … Answer: Two. Paul Krugman learns how to do it from Scott Sumner, while Brad Delong deletes any comments that disagree with his technique. Oh no I di-int.) Ohhhhh! Thanks for coming. Be sure […]

Krugman: "If This Were a Dictatorship Things Would Be Easier…Just So Long As I’m the Dictator (Heh Heh)"

No, he didn’t literally say that; who the heck would literally say that?! Even so, Krugman has bared his inner Mussolini as of late. Like Matt Yglesias, Krugman comes just shy of calling for the abolition of the Senate (though in fairness his post is far more tongue-in-cheek than Yglesias’). And in today’s post, Krugman […]

The Policeman Is Not Your Friend, 10-year-old Girl Edition

Here’s a good one (HT2LRC): Police Officer Uses Taser On 10-Year-Old Girl OZARK, Ark. — Ozark police said they were called to a home where a mother asked for help with her unruly child, but the 10-year-old’s father said he’s outraged at the force police used against his daughter. “I would like to say Ozark […]

Where’s That Inflation?

Veronique de Rugy tackles the big question in her Reason column, and quotes me. And yikes, compared to the other serious academics, the quotes from Free Advice sound very uppity.

WSJ Punts On Explaining Risk-Taking

This article (HT2 Dan Simmons) is actually pretty good in explaining the logic behind Patriots’ coach Bill Belichick’s decision to go for it (rather than punt) on 4th down with the ball in his own territory and his team with a small lead. Since the Patriots were stopped and ended up losing the game, tons […]