Warner Brothers didn’t initially respond well to the Marx Brothers’ desire to make a movie called “A Night in Casablanca.” Groucho wrote a great letter poking fun at the very idea that Warner could presume ownership over an idea. Here is the blog that alerted me to this letter and here is the letter itself.
Paul Krugman of Princeton University has come up with the ultimate solution to our fiscal problems: Space Aliens.
Why can’t everyone who wants a job, or a better job, just find one? In a perfect world, this would be the case. Sadly, the recently released employment figures for June indicate that the world in which we live is still far from perfect.
It’s good to see the birthday of fiat money getting attention today. Mises.org covers it, and LRC too. Lewis Lehrman offers a fascinating story of the Camp David meeting where the gold window was shut and where a handful of Nixon aides decided to impose wage and price controls at the same time. Very chilling material here.
Since there are numerous mentions of the anniversary of the Berlin wall I thought I’d share my experiences. In 1961 I was an exchange student in Paris and decided to go to see the wall for myself. (Berlin in December was the coldest I have ever been.)
The author’s MBA provided scant seasoning for his new job at the Waffle House. His account of the job is fun and interesting, but that’s not all the book has to offer. Adams frequently digresses and teaches some sound economic principles.
Farmers’ Markets are suddenly the place to be seen in this college town. The University itself sponsors one, and so I visited. I don’t know why I was expecting the workers and peasants to be there buying up local produce from bearded guys in overalls. Instead it was the same crowd I see at the local art museum’s special exhibits. The shoppers were professors and their spouses, well-to-do students who just had to have the freshest stuff, and others along these lines.
