Many Conservatives concede that the Conservative movement has gone bad. But they still insist that those of us who have been arguing this for decades were wrong for decades roughly until Trump came along. They find the case of famous conservative Dinesh D’Souza distinctly inconvenient. Washington Post Op-ed columnist Max Boot wrote “@DineshDSouza is indicative […]

I don’t think this is worth your time, but when I post only at rjwaldmann.blogspot.com Dan pulls the post over here so I might as well. Like many many (too many) people I am irritated by this article by Blake Hounshell. Hounshell claims to have “doubts about whether Donald Trump colluded with Russia” I have […]

I am very glad I read Alex Tabbarok’s review of “ENLIGHTENMENT 2.0: Restoring Sanity to Our Politics, Our Economy, and Our Lives,” by Joseph Heath. Tabbarok is a leading ultra pro market libertarian and “Joseph Heath is a Canadian philosopher who is unusually conversant with economics and also unusually capable of writing sparkling prose for […]

The post entitled “Trump’s Claim Mueller Found ‘NO COLLUSION’ Is Literal Nonsense” is not up to Jon Chait’s usual standard. Trump’s claim is, of course, nonsense. Chait accurately described Trump’s typical pathetic rhetorical trick “One of President Trump’s favorite methods to defend his innocence in the Russia investigation is to claim that any piece of […]

Bitcoin prices are an attractive topic for people who study behavioral finance. Behavioral means anything but rational expectations, Nash equilibrium and the Efficient Market Hypothesis. It is easy to argue that the fundamental value of Bitcoin is zero — it doesn’t yield income and there is no limit on the supply of cryptocurrency, because new […]

I’m not sure this is of general interest, but I would like to argue (again) with Glenn Greenwald. In this tweet, he asks an interesting and important question The FBI, and many Democrats, insisted vehemently that release of the Nunes Memo would endanger national security. Now that we’ve all read it, is there anyone who […]

I have tried to resist Fisking this op-ed by Ross Douthat, but I can’t resist. Whole post after the jump to avoid lowering AngryBear relevance index.

Jason Schwartz buries the lede in this genuinely alarming article in Politico “Study: Americans view media negatively, can’t agree on meaning of ‘fake news’” I attempt to excavate it. The study — the 2017 Gallup/Knight Foundation Survey on Trust, Media and Democracy, based on mailed-in responses from more than 19,000 Americans age 18 or older […]

I am going to make a fool of myself by suggesting that a cryptocurrency, like that suggested by the best crypto bot 2023, might actually be useful. Bitcoin et al have negative social utility. They are pure speculative assets which enable people to gamble. Also bitcoin miners use as much electricity as Denmark. The problem […]

This has become a total mess and I moved my algebra over to my personal blog. The point is that the whole discussion depends on the difference in the long term effect of a cut in a tax on capital income on revenue collected from old capital and the effect ofa cut in a tax […]