The Unanswerable Question

Sigh. From time to time, leftists get up on their high horse, and think that they can come up with a single objection to freedom which completely smashes all arguments. Today’s version of that objection may be found on elementropy, where it goes:

another question unanswerable by neoliberal economists: Who is our economy for?

. . . → Read More: The Unanswerable Question

Does Dina Titus Support Wild Speculators?

As I articulated in a previous commentary, if the Fed stays loose to prop up the bond market, this will only undermine the bond market.  In real terms, the bond market tanks.

Now the Fed might be able to prop up the bond market in nominal terms, but what this will do is precipitate . . . → Read More: Does Dina Titus Support Wild Speculators?

Interesting Readings for September 17, 2010

South Asia’s Geography of Conflict by Robert D. Kaplan.

A big black eye for India’s attempt at being a democracy. Also see Devangshu Datta in the Business Standard on this.

Interesting survey evidence in the India Today about how voters are starting to see the UPA differently. Focus on the graph in there. . . . → Read More: Interesting Readings for September 17, 2010

Economic Events on September 17, 2010

At 8:30 AM EDT, the Consumer Price Index report for August will be released.  The consensus is that CPI increased by 0.2% last month, with a 0.1% increase in CPI when food and energy are removed.

At 9:55 AM EDT, Consumer Sentiment for the first half of September will be announced.  The consensus is . . . → Read More: Economic Events on September 17, 2010