Potpourri

Archive for Potpourri

Potpourri

* Mark Weber passes along a Vanity Fair interview with Louis CK. Now in the middle you might think, “Wait a second, he sounds anti-consumer, not anti-Fed! I’ve been duped!” But c’mon, the guy’s a comedian. Just like you can love Carlin and Bill Hicks for their foreign policy riffs, so too can you appreciate […]

Potpourri

* Here’s a great Wenzel analysis of censorship (perhaps self-imposed) in financial reporting. At a New York conference recently Luo Ping, a director-general at the China Banking Regulatory Commission, said, “We hate you guys. Once you start issuing $1 trillion-$2 trillion [$1,000bn-$2,000bn] . . .we know the dollar is going to depreciate, so we hate […]

Potpourri

* Here is Nouriel Roubini explaining that laissez-faire capitalism has failed. I’m not sure how the Federal Reserve (which caused the boom) or the trillions in bailouts and other rescue moves (which caused/exacerbated the financial panic) qualifies as laissez-faire. But beyond that quibble, I love how Roubini lists all of the things that can go […]

Potpourri

* NASA scientist James Hansen has declared that Obama has four years in which to save the planet (from manmade climate change). I don’t see what the rush is. As Dr. Hans Zarkhov (formerly at NASA) can attest, the last time the fate of the planet was at stake, the hero waited until there were […]

Potpourri

* Here is David Henderson’s funny disassembly of Peggy Noonan’s Obagaga. * In bad news for David and others who advance the savings glut hypothesis, Chinese bankers call them gangsters. (HT2 Tim Swanson) * Peter Schiff rips stimulus. * John Whitehead uncovers some apparent math mistakes in the job creation calculations for the Obama-Biden stimulus […]

Potpourri: 1/3 Information, 2/3 Narcissism

* Blackadder recommended this Russ Roberts podcast with card-carrying Keynesian Steve Fazzari. I highly recommend it as well. Fazzari is so confident that he tripped up Roberts at one point (and I confess, I was momentarily befuddled as well). Roberts didn’t go in for the kill, either because he didn’t want to make the guy […]