Archive for the 'DayToDay' Category



Aug27th2007

Shavar Jeffries On Michael Vicks Treatment

Yet another great post by Shavar Jeffries at Black Professors blog:
Ultimately, I find the entire Vick episode to be a comedy of the absurd. At the end of the day, he bet on dogfights, and subsidized an enterprise that sometimes wantonly killed dogs who weren’t top fighters. As a consequence, he’s already lost […]

Aug20th2007

Quote Of The Day

“Firstly, it’s easy to vilify banks for “predatory lending” practices when they sold strange and exotic mortgages to homeowners, but I don’t think that’s fair. “Predatory lending” kind of makes sense when your interest rate is usuriously high, and the borrower has no other options, but it boggles the mind to use that phrase when […]

Aug15th2007

The Difference Between Statistical Discrimination And Racism

It always annoys me when someone confuses true racism with statistical discrimination. VivirLatino gives a perfect example of that here. More on statistical discrimination here.

Dec26th2006

Love Monterrey, Hate The Airports

First some background: I came to Monterrey, Mexico in March of this year and had a horrible airport experience. Because of bad weather out of Tijuana our airplane was delayed. Since I had to make a connection with another plane in Guadalajara, that flight was missed as well. So after about five hours of waiting […]

Dec9th2006

Quote Of The Day

“If the Japanese had never attacked Pearl Harbor it is likely that America might have never entered WWII or might have done so bitterly divided. The events of December 7th 1941 so united the country that ever afterward we forgot just how viciously divided we truly were. We Americans like to think that we heroically […]

Dec4th2006

Austan Goolsbee On Milton Friedman

University of Chicago economics professor Austan Goolsbee writes in the New York Times:
A Charismatic Economist Who Loved to Argue
By AUSTAN GOOLSBEE
Published: November 17, 2006
Someone walked into our lunchroom yesterday at the University of Chicago and announced that Milton Friedman had died. Mr. Friedman spent his intellectual life here, so I started asking people here about […]

Nov29th2006

Quote Of The Day

“Galbraith was a very, very good writer, but he was not a very good economist. His economic history is entertaining, but it is not theoretically sound, and his major theories, captured in The New Industrial State, were almost comically wrong. The book was being proven incorrect by history virtually as he wrote it. His tirades […]

Nov27th2006

The New York Times On Milton Friedman

The New York Times has a good overview of just who Milton Friedman was and how important he was to world economics:
Milton Friedman, Free Markets Theorist, Dies at 94
Milton Friedman, the grandmaster of free-market economic theory in the postwar era and a prime force in the movement of nations toward less government and greater reliance […]

Nov25th2006

The Other Milton Friedman: A Conservative With a Social Welfare Program

Robert Frank, an economist at the Johnson School of Cornell University, writes in the New York Times:
The Other Milton Friedman: A Conservative With a Social Welfare Program
By ROBERT H. FRANK
Published: November 23, 2006
Milton Friedman, who died last week at 94, was the patron saint of small-government conservatism. Conservatives who invoke his name in defense of […]

Nov24th2006

Larry Summers On Milton Friedman

Larry Summers, former president of Harvard, and Treasury secretary in the Clinton administration, writes on Milton Friedman:
The Great Liberator
By LAWRENCE H. SUMMERS
Published: November 19, 2006
Brookline, Mass.
IF John Maynard Keynes was the most influential economist of the first half of the 20th century, then Milton Friedman was the most influential economist of the second half.
Not so […]

Nov20th2006

David Boaz On Milton Friedman

This time a much shorter tribute to a great economist:
The World Turner
Milton Friedman died at the age of 94. Over his long life, he had the satisfaction of seeing the world turn in his direction.
Friedman was born in New York in 1912, at the end of a long period of peace and prosperity. The […]

Nov18th2006

Quote Of The Day

“Among the greatest champions of freedom in all of history, Milton Friedman was a giant. His greatest legacy is the tens of thousands of children who now attend high-quality schools because of the idea of school choice that Dr. Friedman pioneered in 1955. He leaves that precious legacy to a new generation of […]

Nov17th2006

The Financial Times On Milton Friedman

I paste below a tribute and a description of who Milton Friedman was from the Financial Times for those who don’t know how lucky we are to have had him in this world:
Milton Friedman, economist, dies aged 94
By Samuel Brittan
Published: November 16 2006 17:58 | Last updated: November 16 2006 17:58
Milton Friedman, who has died […]

Nov16th2006

Milton Friedman RIP

With a sad heart, I report the news that Milton Friedman has died at the age of 94:
Milton Friedman, the Nobel Prize-winning economist who advocated an unfettered free market and had the ear of three U.S. presidents, died Thursday at age 94.
Friedman died in San Francisco, said Robert Fanger, a spokesman for the Milton […]

Oct18th2006

Why I Hope The Republicans Lose Control Of The House

The WSJ sums up pretty nicely why I am hoping Republicans lose control of the House:
Don’t Cross this Bridge
Every time we think various preposterous Bridges to Nowhere in Alaska are history, they somehow get resurrected. One gigantic bridge — as long as the Golden Gate Bridge and designed to connect Anchorage with the Matanuska-Susitna […]

Oct17th2006

Quote Of The Day

“The Holocaust disturbs us so deeply because it demonstrates that none of the things we associate with the advancement of civilization–peace, prosperity, industrialization, education, technological achievement–free us from the dark side of the human soul. Just as there is evil in the heart of every man, there is evil at the heart of even the […]