by cactus Norman Borlaug, Michael Jackson, and the Invisible Hand When Adam Smith described the concept of laissez-faire capitalism, he argued that it was not just efficient but moral. As…

If you needed a picture of a Megan M., you could have used this one: I’m probably not the only one who wonders why you chose a Megan F. instead….

I have generally decided that the NYT’s attempt at becoming the WSJ on its editorial page is not worth the trouble of discussing. An editorial staph that replaces the despicable…

Another dual-bankruptcy female with real estate problems. Wonder what the difference will be?…

Susan of Texas has an immortal post on the housing crisis, McMegan’s ratiocination, and the persistence of ignorant memes. The money quote: McArdle doesn’t refute facts, she hen-pecks at the…

Dear Philadelphia Inquirer, I also am a native of the City of Brotherly Love. The last two firms at which I have worked have lost billions of dollars. While I…

So the brilliant NFL has “solved” the Yom Kippur problem, moving the starting time for the Jets-Titans game to 1:00p.m. Which means that, with luck, the game ends around 4:00—probably…

rdan Well, there you go. And all that fuss for naught. (bolding is mine) Time CNN declares: Investors find it disconcerting to see the stocks in the huge financial institutions…

Headline from the Christian Science Monitor: “As G-20 battles protectionism, a cautionary tale in Ecuador” [emphasis mine] Subhead for that same article: “The country has put steep tariffs on an…

Robert Waldmann What can we learn from really bad arguments ? I think it is useful to examine plainly invalid arguments, because the error in thought which they grossly manifest…