Magnitude Matters

Just when they said it was dead and gone, inflation is back loud and clear. The latest reading of the CPI for January 2022 is 7.52%! We have...

Aziz Ansari says  we're lookin' for love in all the wrong places  and in the process channels his inner economist. This is an awe...

Doin' the wave . (don't miss the video at the bottom) Michael Pollan drops in to see what condition LSD's condition is in. [H...

Or . . . the problem with interest rates as the primary policy tool. Interest rates are very blunt instrument. What's more the Fed onl...

Is that a Lite-Brite? No, it's NYC . Have you heard the country song? It seems there is only one . Five exam hacks to help you ace ...

Visit these  18 fabulous libraries . Go there (someday) in a "windowless" airplane . Ask if you can fly a drone around inside to...

Andy Schwartz has penned the best analysis that I have ever read of the NCAA, its position as cartel, and the situation before it. Read it ...

Scott Sumner  makes the case  that economists generally can’t agree on what inflation is, and even when they do, their understanding is  at...

Into the caves Out on the shore If you're looking for poetry, look elsemore. Sumner illuminates the thing versus the thing that is...

Getting cause and effect backwards. Often I hear investment pundits describe an effect as a cause giving them reason to be bullish or bear...

I mentioned in a post  awhile  back about writing a post concerning the spending side of the so-called Fiscal Cliff we are approaching. Th...