Homines libenter quod volunt credunt
Posted in Macroeconomics, Methodology on Nov 19th, 2011
If my wife and I gave birth to a third child, the average GDP per person in our household would fall by 20%. If, instead, on that same day, someone bestowed upon us a gift of a cow, the average GDP of our home would increase.
Posted in Environment, Government Gone Wild on Nov 19th, 2011
John Hinderaker shares a story: Today was the first in what promises to be a series of meetings involving the EPA, community leaders, local officials and representatives of the refineries. It tended to confirm the concerns I expressed about the illegitimacy of the environmental justice agenda. The meeting began with Al Armendariz, Administrator for EPA’s […]
