Homines libenter quod volunt credunt
Posted in Economic Illiteracy, Socialism on Feb 25th, 2009
My wife is smart to advise me not to watch things like a Presidential address to Congress, both because of the nonsense in the actual speech, but also because of the fawning the press does over this “great American tradition” and how wonderful it is to have all of these dignitaries in the same room. […]
Posted in Economic Illiteracy on Feb 25th, 2009
Hey, we seem to want to do one better than China in everything these days … so let’s see how our new commitments in energy, health care, and education (i.e. paying off the unions) turn out as compared to this:… The National Stadium, known as the Bird’s Nest, has only one event scheduled for this […]
Posted in Money on Feb 25th, 2009
Can we learn something from how a nearly laissez-faire economic system would deal with a banking crisis? Of course. One reform I would make if I were President would be to eliminate the unlimited liability of ownership of financial firms (and firms in some other sectors), and perhaps subject their corporate charters to renewal every […]
