Thursday, June 18, 2009

Sunday, June 14, 2009

Tony Auth Gets It


Unlike Toles (ses previous post), Tony Auth is strictly a Village kinda guy. So may be the idea that the crazies really are crazy is finally making it into those circles.

Wednesday, June 10, 2009

Saturday, June 6, 2009

Ryan Avent Rules

Few people get to the basic dumbassery of the national press better than Ryan Avent. Read this to see why.

Friday, June 5, 2009

I Know That's Right

Worth remembering from Daniel Gross.

"[T]he notion that the market is telling us something—anything—ultimately rests on the erroneous assumption that financial markets represent the collective wisdom of rational actors processing information efficiently . . . The markets resemble the Star Wars bar scene more than they do the economics faculty lounge at Princeton."

Monday, June 1, 2009

Making Sense

Worth reading from James Surowiecki. Here's the takwaway:

[M]ost of the people predicting disaster as a result of higher interest rates don’t think there was ever a hope of recovery to begin with.