All Posts

Archive for All Posts

Environmental Activists Label Waxman-Markey a "Huge Mistake"

This is actually a very nice video. (HT2 Rob Bradley) Obviously I disagree with their advocacy of a carbon tax & rebate scheme, but what they are saying makes a lot of sense if you were really worried about climate change and thought that governments sometimes did the right thing. In contrast, I don’t see […]

Bond Buccaneer Bleg: Murphy vs. Sumner

Do any of the esteemed Free Advice readers have experience with the bond market? I don’t mean, “Did you know that price and yield move in opposite directions?” I mean, do you really understand bond math etc.? I ask because Scott Sumner and I are launching volleys at each other (he from his ivory tower, […]

China May Let Yuan Appreciate Against USD: "It’s Started!"

Man what good is YouTube? I had the perfect link for this story–when the French authorities release the elevator in the Eiffel Tower (with Lois underneath it) accidentally activating the countdown on the nuclear bomb inside. I can’t believe all the irrelevant garbage that was coming up on my searches instead of that gem from […]

Who’s Afraid of Deficits?

Paul Krugman, Aug. 27, 2009: So new budget projections show a cumulative deficit of $9 trillion over the next decade. According to many commentators, that’s a terrifying number, requiring drastic action — in particular, of course, canceling efforts to boost the economy and calling off health care reform. The truth is more complicated and less […]

Another Equation of "Religion" With "Falsity"

Folks, don’t flip out, I totally get why Tom Palmer and now Joe Romm are writing in this fashion. But strictly speaking, to call something “a religion” doesn’t mean it’s thereby false. Even in a secular context, all it means is that the people who believe in the claims aren’t being objective and rational about […]

Does Scott Sumner Need a Paradigm Shift?

The days continue to expire, without my having written a rebuttal to Scott Sumner’s provocative blog post that is bouncing around the geeconosphere. The longer I let it fester, the more brilliant my riposte, but the less anyone cares. I break the logjam now and fire off my quick thoughts, realizing that another 24 hours […]

Andrew CarNEGie?!

Has anyone else noticed that the awesome industrialist Andrew CARnegie has been transformed into the wussy CarNEGie whose foundation is touted every 3 minutes on NPR? It’s the same guy, right? So what the heck happened to the pronunciation of his name? I started noticing this about a year ago but was given the courage […]

Reagan’s Finest Moment

This was so much cooler than cutting income tax rates. I am not talking about military spending etc. etc. I am talking about the simple fact that the US president said the below with such confidence and eloquence: Listen to how the people went nuts. Can you imagine how refreshing and great it would be […]