The latest episode of EconTalk is Mike Munger on cultural norms...
The President is a man of principle. . . .
This (HT: Drudge) is how “the system” works. . . .
Classical liberals and libertarians, especially those who admire the works of the famous legal theorists and economist F.A. Hayek, are fond of pointing out that a free society requires the rule of law...
In America we have what’s called a republic. . . .
David Leonhardt writes in the New York Times: Just look at the outside evaluations of the stimulus. . . .
There’s a debate going on in the punditsphere about whether America is ungovernable. . . .
The press is saying that Obama’s agenda is in jeopardy because he has lost a filibuster-proof advantage in the Senate. . . .
The proposed budget is obscene enough. . . .
Rod Blagojevich will probably go to jail for trying to sell a Senate seat and various other shenanigans...
The taxpayers ended up paying the price, not the risk-takers. . . .
I want to get rid of government rescues. . . .
Why has the GOP stumbled in the new century?...
Here’s an amazing story from CNN because it’s so ordinary. . . .
If Brown wins today in Massachusetts, we’re going to hear all kinds of explanations. . . .
A friend of mine expressed surprise the other day when I said I wasn't sure if the stock market would bounce back fairly quickly...
From the New York Times: Under the photo it says: Representative Barney Frank was among the politicians charged with creating legislation to recoup the bonus money at A.I.G...
If creditors know they’ll be bailed out, aggressive investors borrow from them, leveraging their returns and paying themselves a lot of money along the way, justified by the short-term profits. . . .
I’ve long believed — for reasons very similar to, but less refined than, those offered by my colleague Bryan Caplan — that the modern state brings out the children in us...
At Big Think, they used one of my questions in their interview with Barney Frank: Question: How can Fannie and Freddie be structured to avoid the moral hazard problem and a too-cozy relationship with regulators? . . .