February 9, 2013 13 Comments
Kid Dynamite: “But It Was Too Complicated” Is NEVER An Excuse
Garrett Jones explains why GDP is automatically less volatile if/where it comes from the government. The more I read about GDP the more I wonder why it’s worth paying attention to at all.
Hmm sentence from Arnold Kling: “A big increase in the uncertainty of property rights should raise the risk premium on private-sector projects, making government debt relatively low risk.” Does this suggest directional political trades (e.g. if you expect (R)s to do well in an upcoming election you buy corporates against Treasuries, vice versa for (D)s?), and couldn’t this be tested empirically?
Bad model + high stakes = gaming. I would have omitted the word ‘bad’ there.
Should the real conservative argument against unchecked immigration be that it keeps the welfare state afloat? Since actual lefties are making this argument (i.e., in favor of immigration) I’d say this is a totally valid observation.
Museums nowadays: Glam-rock exhibition. Chronicling and preserving the timeless, for posterity. (Disclaimer: I do like a lot of glam-rock.)
Reusable grocery bags kill. I ask not for the first time: what the hell is the actual argument against plastic bags? Why wasn’t the ‘Reality-Based Community’, full of its Smart People, required to actually make one before saddling us with these policies?
Dusk in Autumn on cocooning.
The stay-at-home dude. I say go for it.
Steve Sailer, chronicler of the secret history of the 2000s.