Vinod Khosla (among many other people) wants the government to spend vast amounts of money to help along the production and adoption of ethanol. In other news, the Mexicans are having trouble buying corn to feed themselves because of existing ethanol production.
Cheap shot?
Maybe. But I have serious problems with Khosla and those like him. You Click Here to continue reading.
I thought it was pretty funny that the President of Romania had the gall to tell Bill Gates he was glad his country steals Windows. Long live free software! Or whatever. . .
Bill had nothing to say. Maybe he’ll buy Romania as a punishment.
Brad Setser has an excellent overview of the Yen carry trade in his latest post. Nouriel Roubini reminds people of how fast things can go wrong in this post.
A lot of people are responding to them by arguing that fundamentals justify the out flows and there is nothing to worry about. But that begs Click Here to continue reading.
If you are a true nerd, the first thing you are going to ask is “overpaid by what standard”?
So let me rephrase the title of the blog post in nerd speak; People with higher then average I.Q scores are subsidized by government actions and as a result people with above average I.Q are receiving Click Here to continue reading.
I kept myself amused today my pondering the following thought experiment….
For the sake of argument let us say that the sole source of morality is the good of the most possible people. Let us say that the definition of people includes those who are not yet born for the same reasons that we worry about Click Here to continue reading.
Those who remember my post “Student From Hell Part One” already know the basic set up. I was stuck in an economics class where all the teacher wanted us to do was regurgitate the textbook. As a consequence, I was bored out of my mind. My only source of amusement was trying to contradict the Click Here to continue reading.
I know that most people have already heard of the Marginal Revolution. But I figured that if I was going to review all the sites that I keep tabs on for my Apeman’s guide to the Internet page, I might as well start with a site that everyone knows. That way, they can get Click Here to continue reading.
Barkley Rosser has done me the honor of responding to one my of my comments on Brad Setser’s post on Social security and I am repaying him with a snide blog post. I am a baaaaad man…..
For those who don’t already know, I should point out that Barkley Rosser is a well known economist. Click Here to continue reading.
Brad Setser runs one of my favorite blogs on economics. So I was a little disturbed to see him jump on the “Social Security Trust Fund has lots of assets” bandwagon. My feelings on this score are pretty close those expressed in the Chieftain of Seir’s essay J’accuse (Though I have to say that the Click Here to continue reading.
The Ape Man took an economics course and he insists on sharing the pain with the rest of us. Click here to read this terrible tale.