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Hurricane Sandy, Frédéric Bastiat, and "Econ 101"
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Blog

Hurricane Sandy, Frédéric Bastiat, and "Econ 101"

As the Hurricane Sandy recovery effort begins, the most recent reports put the American death toll at 88 lives. Estimates of the economic damage caused by the storm vary, but some put the figure at a staggering $50 billion. Like clockwork, however, a handful of "economists" have crawled out of the woodwork to proclaim that there's a silver lining to the disaster: Ultimately, this will help the economy!

11/03/2012
Debt Ceiling Debate Plunges Into the Absurd
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Blog

Debt Ceiling Debate Plunges Into the Absurd

You can begin to comprehend the desperation level of a particular party or ideological persuasion when the arguments that are posited leave the realm of logic and plunge into the abyss of absurdity. 

07/13/2011