from Stubborn Things, The Symptoms Are Not The Disease excerpts: The difference today is about 2% official inflation (blue) versus about 9% (gray) based on the pre-1982 calculation. Inflation isn’t absent, it’s just been officially “recalculated” and adjusted away. Proof of the adage,
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The more that the consensus is intolerant of dissent, the more likely it is to be wrong.
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From Bret Stephens in The Wall Street Journal, The Hillary Metamorphosis There are a few possible answers to that one. One is that the views she expressed in the interview are sincere and long-held and she was always a closet
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From Robert Samuelson in The Washington Post, Interest rates and the Fed’s great ‘slack’ debate: Is it time to consider raising rates to preempt higher inflation? The answer depends heavily on the economy’s slack: its capacity to increase production without
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From my article in American Thinker, Everything that Counts” excerpt: While Piketty reviews a history of inequality, we should realize that the inequality of the feudal society of the middle ages, where force kept the poor in a lifetime of
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Excerpts from Destabilizer-in-Chief by Mario Loyola in National Review: Influence is a function of power. Commitments have to be backed by real resources. Otherwise, as Walter Lippmann argued, your foreign policy is bankrupt. Once the Iraq War was over, the key task facing
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From The Man Who Wouldn’t Be King by Kevin Williamson in The National Review, We could save ourselves some time and argument by noting that the American electorate gives relatively little indication that it is on the verge of
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From Daniel Greenfield at The Sultan Knish, Are All Dead Children Created Equal? Excerpt: If they genuinely cared about children, they would be at least as outraged, moved and pained by the death of a child at the hands
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I called the Tesla dealer in Atlanta for a test drive. Test drives were booked a week in advance; two weeks if you wanted to test drive on a Saturday. If I ordered an S model it would be November
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From John Cochrane at The Grumpy Economist, Work and Jail excerpt: So, bottom left, in the last census, 19.2% of 20-24 year olds were employed, and 26.4 (!) percent were in jail. Read up, and it was not always thus.
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Daniel Greenfield writes One Million Ceasefires in his excellent blog, Sultan Knish. Excerpts: Israel is expected to accept a million cease-fires, no matter how worthless, because a cease-fire is an innately good thing, regardless of whether it’s actually good for
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“The charade that is fundamental to the political game—pretending that politicians have wealth that they can give away to favored constituencies rather than wealth that they can expropriate from one group of people for the enjoyment of others—does not work
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Hitler’s Willing Executioners was a book written in 1996 by Daniel Goldhagen about how the German and European culture paved the way for the common German citizen soldiers to willingly participate in the greatest mass murder in history. In Constantine’s
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