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Conservative judicial activism

The latest Volokh Conspirator, Randy Barnett, explains why Republicans are losing the war over judges: that they are "unprepared for a genuine debate over what judges should and should not be doing on the bench." Read more »

Libertarian conference on war?

Samizdata's Johnathan Pearce, in the interests of promoting goodwill and understanding among libertarians, is proposing a conference, conveniently placed in London.

I'm game. ^_^ I was thinking about visiting London anyway for a weekend jaunt this summer....

On commerce and civilization

An important essay at the Mises Institute on the relationship between commerce and civilization, says: Read more »

Newsflash: Howell Raines has NOT resigned...


Collected responses to Phelps and McTeer

As a convenience for myself, I have been hunting down the links of responses to Phelps' mischaracterization of Austrian Business Cycle Theory (ABCT), for future reference. As one would expect, the Mises Institute's blog has been commenting both extensively and excellently, and PrestoPundit has also mined some nuggets from the Hayek-L list (to which I need to subscribe, judging from the quality of the excerpts). Read more »

Is Democracy necessary for an efficient state?

An interesting find on a recently discovered (via PrestoPundit) blog "Truck and Barter" (which is unfortunately on blogspot- join the Esmay Jihad!), that brings up the observation that the existence of government services or the value of government services to individuals bears a tangential (at best) relation to whether that Read more »

The rich get richer, the poor get... richer?

(via EconLog)

Daniel Drezner explains income inequality, showing that over 10 years, someone in the bottom quintile in 1979 was more likely to be in the top quintile than the bottom one.

Among other points (2 other good ones, too). Check it out. Read more »

Calpundit's knowledge problem

?One?s initial surprise at finding that intelligent people tend to be socialists diminishes when one realizes that, of course, intelligent people will tend to overvalue intelligence, and to suppose that we must owe all the advantages and opportunities that our civilization offers to deliberate design rather than to following traditional rules, and likewise to suppose that we can, by exercising our reason, eliminate any remaining undesired features by still more intelligent reflection, and still more appropriate design and ?rational coordination?

Oh my...

We've been mentioned by Ramesh Ponnuru on NRO, and I haven't had time to respond to the WSJ article yet. Yikes! (and right after an entertaining-yet-non-economics series on Buffy the Vampire Slayer. Well, at least Jonah might like us.)

Apologies to anyone who's come by yet and not seen anything... come back later, and we'll have more goodies. ^_^;

(and of course, much thanks for the link, regardless!)

Is Maximus truly torn between patriotism and nationalism?

In his earlier post, Jonathan states that: Read more »

Is CEO compensation in line with CEO value?

In a post celebrating the (rightful) smackdown of an egregious 'golden parachute' CEO compensation plan at GlaxoSmithKline, Calpundit Kevin Drum noted that in the 90s, run of the mill corporate executives saw their compensation go through the roof: Read more »

Oil Econ 101 & Economic Attribution Errors

By Arnold Kling, from TCS, two articles for further review: a great article on why the US can never truly be "free from Saudi Oil", among other basic Oil Economics points, and a somewhat psychological article on misattributing economic performance to individuals who have little control over what has just happened (or is currently happening). Read more »

Dogs and cats, living together, mass hysteria!

What do I make of things when Kevin Drum (left-illiberal) is in favor of FCC deregulation, while Glenn Reynolds (right-liberal) is against FCC de-reg?

I'm sure there is more to it than meets the eye at the moment, but this is more of a hit and run, "doesn't that look odd on the surface" type moment. Heh. Read more »

Michael Totten on "The Hindsight Effect"

(via PrestoPundit)

Michael Totten, over at TCS, tackles some of the big Iraq questions of the day, such as:

"Why haven't we found WMD?"
"Did Bush Lie?"
"Why would Saddam act as he did, if he did not have WMD?"

Interesting speculation, but I wonder about this quote: Read more »

Action and Teleology

Very interesting (yet arcane) paper found from PrestoPundit entitled "The Insuperable Limits to Reduction in Biology." It is a very dense, but worthwhile read for insights on objectivity/subjectivity and why biology differs from physics or chemistry (in, if I have read it correctly, the volitional differences between an organism and a cloud of gas), which obviously can be extended to answering why the methods of the physical scien Read more »