This interview with Steven Landsburg shows how not all economics is dismal.
I've refrained from writing directly on Obama's call for a $9.00/hour minimum wage because I've felt it was a political ploy hoping to bring distraction, and I didn't want to fall for his banana-in-the-tailpipe trick. But thinking more about it, there are two reasons it should be discussed: One, it is a bad idea founded on horrifically bad economic theory, and we must fight the good fight until this kind of nonsense no longer is a political option. Two, I believe his political strategy is to bring up an emotional issue in which the common man feels aligned with Obama at first blush. Through this demagoguery, he strengthens his public-opinion standing heading into the debt ceiling/sequestration debate. Rather than avoid this battle, I think the better position is to engage so as to Obama on the defensive. Therefore, I offer Mark Perry and Bob Murphy.
Updated: On the lighter side, I wanted to include two pics that among many caught my eye browsing Minteriors. Enjoy.
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