Last night 60 Minutes had a segment highlighting the budges woes of various state governments (HT Jeffrey Peshut). Meredith Whitney said it will be as big a meltdown as the real estate crash. On the other side of the argument, S & P and Moody’s say everything is A-OK. One muni bond portfolio manager took issue with Ms.
There has been a bit of discussion of this piece in the New York Times about mental health issues on college campuses (HT: Jennifer Dabbs Sciubba). The article reports on a greater preponderance of mental illness among students. Here are a few hypotheses that are open to testing:
This is just wonderful, and very touching actually. Thank you John. And thank you Dorian Electra.
Somehow I knew it. I knew that someone, somewhere, would solve the whole tree stand issue.
The problem is obvious enough. Nature did not intend for the top 10 feet of a tree to be hacked off and stuck inside living rooms for a few weeks a year and hence nature did not provide technology to make this possible.
No man appeared to have provided for it either. Every year it is the same nonsense, struggling with some tin contraption that bends this way and that and screwing those stupid screws until they bore deep inside the tree and you stand it up and the tree tips over anyway.
In the midst of the chaotic resurgence of various heterodox explanations of the business cycle, the principal Austrian contribution to the discussion has been all but completely lost. Take for instance P.
Pierre Desrochers is a professor of geography at University of Toronto. His research interests are economic development, technological innovation, business-environment interactions, energy policy and food policy.
Visa and MasterCard were slammed yesterday by the announcement of the Fed’s new price controls on swipe fees for merchants using the cards. This regulation is obviously horrible for consumers and producers and issuers – it is just bad all around and represents a backward step in economic progress.
