Homines libenter quod volunt credunt
Posted in Uncategorized on Jul 26th, 2010
Yes, I know, I surprise myself sometimes. This evening, they excerpted a quote in their usually excellent “Notable and Quotable” feature which includes: But to argue that differences in policy ought to lead us to consider secession is lunacy. It also shows a (presumably) unwitting contempt for America, for its history, and for its role […]
Posted in Methodology, Money on Jul 26th, 2010
I teach a course on Money and Banking, so I try to read some of the modern literature on international financial markets. This paper came across my desk: Fetters of Gold and Paper We describe in this essay why the gold standard and the euro are extreme forms of fixed exchange rates, and how these […]
Posted in Uncategorized on Jul 26th, 2010
If we paid more attention to the nuances of our everyday lives, we would all be going crazier than we already are. Did you ever go to a restaurant that serves lobster and think carefuly about what the menu is saying? I was at a wonderful Italian place in Newport a few weeks ago when […]
