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Market Timin’ Murphy

I finally am practicing what I preach: I just got off the phone with Vanguard and told them to sell all my shares of my IRA “Global Equity Fund.” I had been planning on doing this for a few weeks, when I realized I was being an idiot for having money sit in stocks when […]

"The Money That Is Sold Abroad Is You!"

Stefan Molyneux doesn’t sugercoat it, as usual. At first I thought it was a bit corny but when the video showed the cattle owners I raised an eyebrow. Then I swatted away a fly with my tail and took a nap in the shade of the barn. (HT2 CrossOfCrimson)

"Do You Acknowledge That Jesus Is Your Savior, and That You Couldn’t Live Without Him?"

So asked my pastor before dunking someone’s head under the water–today was Baptism day at my church. That line got me thinking: What does it mean to say, “I couldn’t live without Jesus”? For me, it would go like this: At this point in my life, if I didn’t believe there was a God who […]

Jon Stewart Does Pretty Good Glenn Beck Impression

If you watch / listen to Glenn Beck, you’ll see that Jon Stewart has at least 4 mannerisms down. The Daily Show With Jon Stewart Mon – Thurs 11p / 10c The 11/3 Project www.thedailyshow.com Daily Show Full Episodes Political Humor Health Care Crisis

A "Nutty Alarmist" After 70 Years

In the end agreement that planning is necessary, together with the inability of the democratic assembly to agree on a particular plan, must strengthen the demand that the government, or some single individual, should be given powers to act on their own responsibility. It becomes more and more the accepted belief that, if one wants […]

Why Falsifiability Seemed So Appealing For a While

It was to disqualify statements like this from the bounds of science: [V]ery few main-street economists of any stripe agreed with Art Laffer’s work but Reagan elevated it to a governing mantra and central trope of the political party he led (it is a credit to the strength of the country, if not to the […]

Another Advantage of Mutual Whole Life?

I still have to wrap up some other projects, but soon I plan on going full-steam into my Austrian exposition of Nelson Nash’s “Infinite Banking Concept,” which I’m writing with Carlos Lara. Part of our pitch is going to be that a whole life insurance policy (with a mutual company, not a stock company, and […]

An Inconsistency in Congress’ Actions

The virtue of the Public Choice school of economics–which basically applies standard economic analysis to political behavior, with the slight change that politicians want to maximize not profits but reelection chances, and bureaucrats want to maximize their budget and power–is that it makes sense out of the world. If you as an economist tried to […]