Homines libenter quod volunt credunt
Posted in Economic Illiteracy on Nov 10th, 2009
Russ Roberts nails it with this parody (or is it a parody?): The Gallup poll has discovered (HT: Catherine Rampell) that Saturday is the day of the week that consumers spend the most money. In a brilliant policy innovation, President Obama has decreed that from now on, every day of the week will be called […]
Posted in Health Care on Nov 10th, 2009
That’s what the current house bill is. But we all knew it. Well, at least some of us did. “The U.S. government is making a costly and open-ended commitment,” he writes. “Let’s not pretend that it isn’t a big deal, or that it will be self-financing, or that it will work out exactly as planned. […]
Posted in Politics on Nov 10th, 2009
I read a piece by Charles Baird recently (I can’t remember where I found it). In it he makes a good point. To say that the union movement is analogous to political democracy is more than a little bit of a stretch. Whereas in a non-corrupt political democracy there is a procedure by which new […]
