Looks like me and Greenspan both learned the wrong lessons from previous housing crashes. The former Fed chairman also acknowledged that the central bank failed to grasp the magnitude of the housing bubble but argued, as he has before, that … Continue reading →

This is awesome in so many ways that I don’t know where to begin. When a famous tantric guru boasted on television that he could kill another man using only his mystical powers, most viewers either gasped in awe or … Continue reading →

Bruce Bartlett (advisor on tax issues to Reagan) on liberals. Back when I used to listen to Rush Limbaugh there was one thing in particular he used to say that I agreed with. Over and over he said that liberals … Continue reading →

Daniel Kahneman describes two selves. Your experiencing self lives in the present. It cares about what is happening right now. Experiencing self is honest, forthright and direct. Ask your experiencing self if you are happy and it’ll give you an … Continue reading →

Continuing his campaign to be Writer of the Decade (2001 to 2011), Robert Wright takes on the Toyota madness. My back-of-the-envelope calculations (explained in a footnote below) suggest that if you drive one of the Toyotas recalled for acceleration problems … Continue reading →

I experience stabbing pains of guilt when I read about the Iraq Inquiry in Britain. That horrible story no longer moves me to anger; I just shake my head and keep walking. I am sincerely grateful, therefore, to Daniel Larison … Continue reading →

How To Report The News – Watch more Funny Videos

Next time someone tells you that the republicans are the party of fiscal responsibility and/or growth, show them this (from the economist) and have them annotate the decades with a red or blue marker.