Let us begin with some stunning photographs that should help to put all of our little problems into some better perspective.
Speaking of perspective, Scott Sumner shows in this post how subtle the relationship is between interest rates and the Fed with implications for monetary policy, et al.
And Arnold Kling has a different perspective on how Austrian macroeconomics should be framed. I agree, and I think there is more agreement between Kling's macro views and Sumner's macro views than I think either of them believe.
New thinking needs to kill the TV news star according to Jeff Jarvis as his perspective has him as mad as hell about TV news. I agree, and I'm not gonna take it any more . . . see the next post.
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