Snow Says Death of Saddam Sons Helps Economy (AFP): “The death of former Iraqi leader Saddam Hussein’s two sons helps the US economy by removing some uncertainty, Treasury Secretary John Snow said. Snow was asked by a Fox Television reporter for his reaction to Wall Street’s bounce after news of the deaths emerged.
College Study Faults Anti-Alcohol Progam; DOE-funded Education Increased Drinking (WashPost): “An approach to alcohol awareness used by many of the nation’s colleges has largely failed in its efforts to curb students’ consumption by emphasizing that heavy drinking is not normal, according to a Harvard School of Public Health study released yesterday.
For a really spectacular example of muddle-headed Keynesianism, go no further than Louis Uchitelles’s NYT article today [read here].
For a snatch:
Interesting letter in response to route-to-poverty blog:
Bush Approval Rating Falls on Economy, Iraq (Bloombeg): “A USA Today/CNN/Gallup Poll of 1,003 adults over the weekend found that only 45 percent of those questioned approved of his handling of the economy, while 51 percent disapproved.”
Murray Rothbard’s Essay on the “free market” from the Concise Encyclopedia of Economics (Econlib.org).
“With American corporations under increasing pressure to cut costs and build global supply networks, two senior I.B.M. officials told their corporate colleagues around the world in a recorded conference call that I.B.M.
