According to the Financial Times (all the news that’s fit to print), in the last week, the world’s economies lost 80,000 jobs. I have one question: How?
Seriously, how in the hell does something like this happen? The world did not stop turning.
These 80,000 people don’t want to be poor. They [...]
In Why Can’t We Secede?, Mike Gogulski noted that I inadvertently attributed a quote to him, when credit should’ve been given to John at blagnet.
++
One of my pet peeves is correcting people who use the wrong definition of inflation/deflation, so I’m glad that Anarcho-mercantilist made a blog post pointing out that I used a wrong [...]
In response to a Christian Science Monitor article on the perils of Deflation, Todd asks:
The whole idea of “deflation” seems mostly nonsense to me. The only way to have true deflation is through a decrease in the money supply (like destroying money). I think when they say “deflation” they usually mean what I would call [...]
A reader asks several questions in response to my 11/5 post, How Do Taxes Destroy Productivity? I would like to take a few minutes to respond to his (her?) inquiries.
Is your argument about the NJ “vig” that NJ’s economy suffered as a result of this tax? That NJ experienced negative economic growth, or increased [...]