Some Bunch O’ Links: Possibilianism; Greece; Portugal; Unheeded Prophets; others….

March 6, 2012
  1. I’m going to suggest that the next time someone says, “Well, you should just ‘cowboy up’ and commit to a decision,” we can say, “You know what? What I’d rather do is geek out.” And the idea with geeking out is, I’m going to be creative and come up with new narratives. I’m going to be comfortable holding multiple possibilities in mind.”

    I think this is good advice for learning economics. Some pairs of theories directly contradict each other. In those cases, you gotta pick one. Other theories don’t directly contradict each other. These could both be held in mind, and neither should be dismissed until better explanations are uncovered. One might weigh them. One might favor one of the other, but the other can not be dismissed until it is directly contradicted.

  2. Last May, Portugal received a $104 billion bailout from the European Union and International Monetary Fund, in exchange for deep spending cuts and structural reforms. … After a decade of easy credit, Portuguese are scrambling to make ends meet.

    Government can not keep bailing out and inflating ad infinitum. Recovery is a process. As Peter Schiff said, “Sometimes medicine tastes bad, but you have to swallow it.” Also, what else is government doing to thwart recovery? The article says debt keeps rising despite cuts. Why?

  3. I found this episode of This American Life to be helpful. If that broadcast is to be believed, then the dumbest economic policy of all was letting that vampire state Greece into the Eurozone in the first place.

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Links for Monday, October 3, 2011: Ron Paul on Health Care; Gibson Guitars Raided; The “Monkeysphere”; others….

October 1, 2011
  1. Though Paul spoke to the larger issues of health care and government-backed health insurance–both pivotal in the 2012 election–the audience’s reaction has overshadowed the substance of the exchange between the candidates.

    This is a sort of self-perpetuating observation. The author gives the headline to the clowns in the audience, then observes in bewilderment that the audience’s reaction overshadows the substance of the debate. Gee. How does that happen? Here’s a thought: Try writing an article–with matching headline–about the substance of the debate, and then relegate the peanut gallery’s guffaws to a footnote in the article. Video embedding disabled by request. ūüė¶

  2. Kent Snyder: One man's tragedy is another's opportunity.

    This is one of the most callous, ruthless attacks on Ron Paul’s principles that I have ever read. Ron Paul and his supporters must answer this one.

    Kent was Ron Paul’s 2008 campaign manager.¬†Jesse Benton, the Paul campaign’s communications director¬†apparently said¬†that it was Kent’s idea not to offer insurance due to costs. This apparently was not unusual in the realm of political campaigns.

    He apparently had a pre-existing condition that made insurance prohibitively expensive. Even if the Ron Paul campaign offered insurance, it is unclear to me that Kent would have received it.¬†Kent’s obituary in the Washington Post states that Kent spent two months in a hospital before he died. It is unclear to me how health insurance would have saved his life, even if he had it.

    When we remove the appeal to emotion associated with the man’s death, this a comment only on the outrageous cost of health care. Libertarians like Ron Paul have plenty to teach us about how health care came to be so expensive and what should be done to reduce costs. See, e.g.: True News 46: The Death of Health Care, Part One, John Stossel: Insurance Makes Health Care Far More Expensive.

  3. The government raided Gibson Guitars, alleging dealing in illegally logged wood. Gibson CEO Henry Juszkiewicz defends his company:

    The Indian government allowed the exports. We have a letter from the Indian government that says that it’s absolutely legal to export rosewood and ebony fingerboards, certified letter, and the wood was certified by the Forest Stewardship Council, which is a third-part independent auditor, if you will, that establishes the legality and appropriateness of wood sourcing.¬† Read the rest of this entry »


Links of August 9th, 2011: The Prophet Ron; S&P Debt Downgrade; Fashion Police; a Liter of Light; others…..

August 7, 2011
  1. Ron Paul predicted the fall of the housing market as early as 2003.

    I think I’m leaning toward Gary Johnson this time around because I like him better on social issues, but I will gladly pass this on, as I would be just about as satisfied with a Ron Paul win in 2012.

  2. Who are “Standard & Poor’s” and why do they hate America? Either they are with us or they are with the terrorists.

  3. If the DEA wishes to gain adherents, it really should renounce such a weak representation of its anti-marijuana stance. Long story short, anyone who advocates for the criminalization of medical marijuana patients primarily on the grounds that smoking it is harmful must also address vaporization as an alternative means of delivery. If they do not, then they are either too ignorant to have a valid opinion on the subject or they are deliberately engaging in sophistry. This past January, the DEA put out a position paper of their own, which I’ll have to address next time.¬† Read the rest of this entry »