“If the government debt load is shrinking relative to the GDP, then we are moving in a direction where government spending has decreasing influence over a growing economy.”
Mis-Inflation, p. 45
“If the government debt load is shrinking relative to the GDP, then we are moving in a direction where government spending has decreasing influence over a growing economy.”
Mis-Inflation, p. 45
For those of you who are local, there is an exciting lecture tomorrow night at the Nuart that I wanted to make sure you all knew about.More information and the link to register is here. The event is free but they still would like you to register. And please know that the form says that …
“It seems to me that our team is really good at explaining the fact of having fallen off the skyscraper, and really bad at judging the distance to the sidewalk.”
Mis-Inflation, p. 20
Letter to the Editor: "…wrapped in the mantle of a prevenient surrender…" I will be adding this to my personal inventory. It is one of the best short phrases that most aptly describes ...
Introduction: You only need to watch the first fifteen minutes or so of the embedded video below in order to see that all is not well at Wheaton. Everything about this dialog between Wesley ...
“Given the amount of helium we have been pumping into the economy in recent years, it is a very real question to me why that economy hasn’t floated off yet.”
Mis-Inflation, p. 4

“We talk about how reckless government spending really is a catastrophic thing, but how the looming catastrophe might not be what everyone was anticipating—more like carbon monoxide poisoning than a giant fireball.”
Mis-Inflation, p. vi
Well, there is a job opening with the City of Moscow. They are advertising a job opening in the legal department, as they are looking for a prosecuting attorney, and the information can be found here. You might want to not mention that I sent you.
“We are not arguing that the glass is half full when most conservatives say it is half empty. We are saying that everybody is looking at the wrong glass, and the one we are looking at is even emptier.”
Mis-Inflation, p. v