Monthly Archives: October 2008

Ass u me

If I understand this [via Zimran] correctly, the Austrian theory is that consumption deferred is an increase in savings, which results in a lower interest rate, which stimulates investment, which results in growth. Meanwhile, the Keynesian theory holds that deferred … Continue reading

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First Impression of the Progress of the $700b Bailout

There’s something missing here, but I can’t quite put my finger on it.

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Preparing Our Children for Obedience

The elementary school requires the children to enter a personal identification number before they purchase lunch — even if they are paying cash. I feel a note from an enraged parent coming on.

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The Disarming Power of Words

We TiVo’d the last debate, and watched it again just now. Others have summarized it much more pithily, or eviscerated the candidates with more gusto, but I’d like to offer a small observation, a small suggestion in hind-sight that perhaps … Continue reading

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Bedfellows

Politics makes for strange bedfellows, they say, and the Republican primary in New York’s 99th assembly district is a case in point. The incumbent, Greg Ball, pissed off nearly everybody in Albany, infuriated the Putnam County executive (a Republican), and … Continue reading

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Double Jeopardy and Guilt by Association

Were criminal charges brought against William Ayers? Was he found guilty? Did he serve his time? If not, why not? Meanwhile, apparently living in the same neighborhood and attending the same coffee klatch is enough to tar one as a … Continue reading

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On Affordable Housing

Housing is affordable if the price is low enough for one to afford it. How does inflating the prices through increasing leverage make them more affordable?

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Four Years Too Many of College

Is a four-year college degree excessive for most? Charles Murray, writing at Cato Unbound, thinks a bachelor’s degree is unnecessary for most professions, has little bearing on success in a field, and suspects that college attendance rates are artificially high. … Continue reading

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Two Parties to Every Sale

I would like to point out to the audience watching the roller coaster on Wall Street that for every seller, there is a buyer.

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Backed by the Full Faith and Credit of the United States

The key word there is faith.

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But We Have to do Something!

There is a propensity for politicians, and in truth all of us, to act hastily when the times call rather for patience and calm. Sen. Charles Schumer (D-NY), in discussing the Senate’s approval of a bill permitting the Treasury to … Continue reading

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Proverbs 15:27

The Big Brother and I were watching Madame Blueberry yesterday, and the moral of the story is, The greedy man troubles his own house.

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