+ Politics and economics are not just different. They are antagonistic. The basic premise of economics is scarcity: There is never enough to satisfy everybody. That means there is no free lunch, no “solutions,” only trade-offs. Politics is all forms of “solutions.” There are free lunches for every voting bloc. The name of the game…
DetailsPenn Jillette says it as I wish I could, to the clearly conservo-statist Hannity:
The Higgs Boson Explained from PHD Comics on Vimeo.
This is a big deal, y’all…
Second only to consequentialists, the political & moral apathy of the general public drives me up the wall. While the Republic is burning, many of my (often very intelligent) friends are worried about Snooki’s latest hairdo and 16 and Pregnant. Robert Higgs has noticed too: Fourteen things in which many Americans have an interest: shirking on…
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It is extremely common for me to run into a person who has a “study” that says X or Y. Proposition X or Y can be dubious for any number of reasons, or even a priori impossibility, but we see government paying people to study the topic and publish the results (One that is laughable…
DetailsI’ve forgotten this for a few weeks now… + You shall know the truth and the truth shall make you odd. – Flannery O’Connor + + It is true that a thousand days cannot prove you to be right, but one day can prove you to be wrong. – N. Taleb + + Suppose we…
DetailsJohn Mayer – Shadow Days
A list I made in 15 minutes gives some solutions to how we would solve the problem of expensive medical care. There are not explanations of each, but I can explain how any would work if there is interest… End the Fed; Cut current income tax of doctors to 0%, nurses to 50%; End Medicare;…
DetailsMany people believe Obamacare, or any government takeover of healthcare, to be good for the poor and good for the state of medicine. Economic reality is very much decided in the other way – when you force more people on to a limited supply yet require people to buy it, the quality will go down…
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As you can imagine, the Obamacare fiasco isn’t the best news I have heard today. There is not much to say about it that has not already been said on Facebooks, but a few commentators have (as usual) said it better than most. A poignant reflection, at EPJ, focuses on the most important implication of…
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