Links for August 1, 2011: Debt Stuff; A Block of MoJo; others….

August 1, 2011
  1. Hitting a debt limit is not the same as defaulting.

  2. Failure to raise the debt ceiling need not entail default; but it would still ding Uncle Sam’s credit rating.

    A more in depth discussion on the limit vs. default issue. I have not yet fully evaluated it.

  3. This is how Congress has been behaving for quite some time. Creditors may start to call soon.  Read the rest of this entry »


Links for Monday, June 20: China’s Economic Stimulus; Ludicrous RIAA Damages; What about NPR?; others…

April 17, 2011
  1. Stories about how China’s economy will soon surpass that of the U.S. should not be taken at face value. This is China’s economic stimulus project. This is what a government stimulus project is. A government stimulus project is when the government takes money and resources from the private sector and uses it to make and build things for which there is no genuine demand. Our American stimulus is of the same essential character. Ours is just a little more modest in scale.

  2. Here is a nice article from Niall Ferguson about the choice the American Government will make on our behalf in the near future: Raise taxes and/or cut government. Thomas E. Woods has argued that raising taxes will not solve the problem. There will have to be copious cutting.

  3. With juries like these, who needs dictators? Read the rest of this entry »


Links for November 16, 2010: Some Psychological Stuff, Some Fallacious Stuff, others….

November 14, 2010
  1. Another fascinating diatribe from Stefan Molyneux. My question is: does this not apply equally well to libertarians and anarchists? Is libertarianism not just another ideology?

  2. Large organizations, including government, which is of course the largest organization of all, have actually become completely disconnected with what actually matters to people. … What behavioral economics shows, time after time, is in human behavior and behavioral change there is a very strong disproportionality at work: that actually what changes our behavior and what changes our attitudes toward things is not actually proportional to the degree of expense entailed or to the degree of force that is applied.

  3. After invalidating more than 30,000 Nader-Camejo signatures on dubious and highly technical grounds – for example, because signers used informal names such as “Bill” instead of “William,” or because their current and registered addresses did not match – Commonwealth Court removed the candidates from the ballot. Then it ordered them to pay their challengers more than $80,000 in litigation costs.

  4. Read the rest of this entry »