…is bright, with the end of the Shuttle.
Category Archives: Economics
Be Careful Today And Tonight
…billions may die. Sorry, when you believe wacky stuff, you don’t get points for earnestness.
The Tyranny Of The EPA
I hope that the SCOTUS slaps down the Ninth Circuit. If could be a major blow for freedom.
Why Would You Go?
How do you convince the twentieth generation of space colonists to leave earth?
[Update a few minutes later]
Slightly related: Charles Krauthammer wonders if we’re alone in the universe. I disagree with him, though, that politics is the driver of human history. Technology plays at least as large a role.
Nine Easy Charts
…that summarize 2011, econcomically.
A Reprieve For California Drivers
A federal judge has blocked implementation of the state’s idiotic carbon law.
Repo Men
A depressing description of how Wall Street bought the Congress and the White House for pennies on the dollar:
…the real bonus turned out to be Treasury secretary Tim Geithner, who came up through the ranks as part of the bipartisan Robert Rubin–Hank Paulson–Citigroup–Goldman Sachs cabal. Geithner, a government-and-academe man from way back, never really worked on Wall Street, though he once was offered a gig as CEO of Citigroup, which apparently thought he did an outstanding job as chairman of the New York Fed, where one of his main tasks was regulating Citigroup — until it collapsed into the yawning suckhole of its own cavernous ineptitude, at which point Geithner’s main job became shoveling tens of billions of federal dollars into Citigroup, in an ingeniously structured investment that allowed the government to buy a 27 percent share in the bank, for which it paid more than the entire market value of the bank. If you can’t figure out why you’d pay 100-plus percent of a bank’s value for 27 percent of it, then you just don’t understand high finance or high politics.
It’s long, but read the whole thing.
The Humanity Of The X-Men
How trade policy caused them to lose it.
The Seven Most Illuminating Economic Charts
The Lies And Hypocrisy
…of Barack Obama. And yet many continue to defend him.