- First, thanks to all the attention given to the 'Pink Slime' debacle, including this essay, The Wall Street Journal reports most production has been suspended.
- Amity Shlaes, writing at Economic Policy Journal, draws parallels between FDR and Obama as President, nicely complimenting my analysis of FDR and Obama as Presidential candidates.
- The shocking and soul-wrenching tale of Andrew Wordes, American Hero"
In matters of style, swim with the current; in matters of principle, stand like a rock." -- Thomas Jefferson - Three somewhat inter-related pieces on economics:
- Sheldon Richman on why Libertarianism Does Not Equal Selfishness -- and why libertarians think economics is about more than money.
- Mark Steyn illustrates the problems inherent in believing that economics is simply about money in The Sun Also Sets.
I was in Australia earlier this month and there, as elsewhere on my recent travels, the consensus among the politicians I met (at least in private) was that Washington lacked the will for meaningful course correction, and that, therefore, the trick was to ensure that, when the behemoth goes over the cliff, you’re not dragged down with it. It is faintly surreal to be sitting in paneled offices lined by formal portraits listening to eminent persons who assume the collapse of the dominant global power is a fait accompli.
- And Clarke and Dawe do a humorous, job of explaining the economic viewpoint that's going to bring Mark's prediction to fruition, in their analysis of Quantitative Easing.(YouTube 2:31)
- For fans of the hyper-connected future, virtual grocery shopping in the subway station via smartphone in South Korea. This has apparently been around a while, but I'd never run across it before.
- And finally, a soothing image to enjoy while you reflect on all of the above. A real-time wind map of the US. An interesting perspective on weather patterns.
...and that's all I have to say about that.
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