Archives for October, 2008

This November’s ballot is crowded, to say the least. Even a well informed voter can be forgiven for forgetting which issue is which. Therefore, without lengthy analysis, here is a list of the issues for Colorado voters and a suggestion on how to vote: Amendment 46: Eliminates Government Affirmative ActionVote: YesReason: The Government does not [...]

The recession is finally here, probably. So, should economists who have been predicting gloom crow? Absolutely not, for two reasons: recessions are inevitable, so predicting them is easy if timing does not matter, and the mere prediction of a recession is not actionable knowledge. Tucker Hart Adams is a famous pessimistic economist. She made her [...]

Many people probably noticed that the stock markets of the world collapsed this week, following steep declines over the past 12 months. The rational question is “has the damage stopped?” To be sure, people’s tolerance for risk, and their trust in the information they receive, are low. People must now be enticed with much higher [...]

The government regulates speech in every conceivable way it can. From Tipper Gore’s effort to regulate song lyrics to the fact that every commercial claim must be passed through a legal sieve to avoid FTC and tort action. Of course, regular vulgarities are regulated as well. Jumping on the censorship bandwagon, this blog is a [...]