The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

‘Aggregate Demand,’ Again

What is it with this neo-Keynesian stuff? Back in July, Brad DeLong did his little paean to “aggregate demand.” At least DeLong is an economist. Matthew Yglesias, not so much: So if for whatever reason businessmen or politicians or media figures or anyone else feels more comfortable expressing the situation as one caused by “uncertainty” that’s […]

Kill the Rich!

Frank Rich, I mean. Three weeks ago, I spent an hour or so debunking his claim that Obama cut your taxes. Being quite proud of the result, I immediately e-mailed it to Instapundit and . . . no linky-love. So after about four or five hours, I e-mailed him again: “I don’t get it. Here we […]

Buying Gold? Caveat Emptor

On previous occasions, I’ve made the point that gold prices are going up and that, in times of uncertainty — as, for example, when the Federal Reserve is pursuing a clearly inflationary policy — gold is a good investment. (Did I mention the DJIA lost 251 points this past week?) The title of my most recent post on […]

‘Imperative’ That You Keep Paying Taxes for Crappy Radio You Don’t Listen To!

Never mind that you’re underwater on your mortgage and worried about losing your job, you must — absolutely must — keep paying taxes for the benefit of National Public Radio employees: “It’s imperative for funding to continue to ensure that this essential tool of democracy survives and thrives well into the future.” The co-chairmen of […]

Irish Eyes Aren’t Smiling

If this doesn’t worry you, it should: European shares were expected to fall for a third straight day on Friday, tracking losses in Asia and on Wall Street, with worries about Ireland’s debt levels and weak commodity prices seen putting pressure on equities. . . . “As for Europe, the deteriorating state of the Irish […]

You Should’ve Listened to Glenn Beck

Back in May, Rep. Anthony Weiner (D-N.Y.) made himself political point-man for a left-wing attack on Goldline — which just coincidentally happens to be one of Glenn Beck’s few remaining advertisers. (Beck’s show is the No. 1 cable news program in its time slot, but has lost advertising revenue because of the Left’s vitriolic boycott […]

Yglesias: Asking NIH to Get By On 95.7% of Its Current Budget? The Sky Is Falling!

“Dire consequences,” the Harvardian at Think Progress says, echoing predictions of “devastating” results from . . . uh, the director of the agency whose budget might get cut by 4.3%. No matter how serious the deficit, there will always be intellectuals who tell us that any proposal to reduce federal spending — even by a measly […]

What Liberals Never Learn

After winning in Kentucky last night, Rand Paul was talking to CNN’s Wolf Blitzer, who dutifully repeated a Democrat talking point: “What if they just raised taxes on the richest, those making more than 250,000 dollars a year?” In answering the question, Paul invoked a basic argument against class warfare as an economic policy: We […]

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