At MR, Tyler Cowen has a rather strong reaction against an economist who supports Catalan secession: He taught me Ph.d Micro I at Harvard, so it’s too bad he wants to wreck both Spain and Europe, and for so little in return. Didn’t one of his theorems suggest this was a bad idea? It’s not … Continue reading Cowen on Catalonia
This is the current headline on the front page of the New York Times online: Mitt and Disaster Relief: Hurricane Sandy calls for a federal response. Not donated canned goods. Sure, the Times has an editorial view and the right to speak its mind. But, seriously?
"Ten years ago, Portugal decriminalized all drugs. One decade after this unprecedented experiment, drug abuse is down by half."
Goldberg tweets: All I can think about is how all of this destruction will make NYC so much richer according to Paul Krugman. How soon before some very ill-educated journalist writes a story about the economic benefits of Sandy? I give it less than a week. For the original argument against the broken window fallacy, … Continue reading Jonah Goldberg Channels Bastiat – Hurricane Sandy Edition
Most of the PPACA's most controversial provisions were backloaded until after this election. Unless Romney wins the presidency and Republicans at least make it close enough in the Senate that they can pick off a moderate Democrat or two on a roll-call, these provisions will start to kick in next year. Avik Roy explains: In … Continue reading When Obamacare Really Kicks In
In this piece on Celtics legend Red Auerbach, Steven Pinker makes a great point about markets that is too rarely noted (outside the Chicago School that is): "Auerbach’s color-blindness surely came in part from principle and integrity, but it just as surely derived from one of the great virtues of the commercial spirit. Racism, because it favors … Continue reading Sunday Morning Quotation – Pinker on How the Commercial Spirit Helps Beat Racism
Just when you thought the Obama as Cult Figure movement couldn't get any creepier, the Obama campaign releases a new ad with Lena Dunham talking about how special the "first time" should be. [No, I'm not going to provide a link]. Essentially the ad is saying that voting for Obama is a sexual experience. (And … Continue reading A new level of creepy