Today’s AP headline made me laugh: “Fed says recession easing, inflation not a threat.” The press release masquerading as a news story continued, saying “…the recession is easing, but the economy likely will remain weak and keep a lid on inflation.”
Ah, yes. The weakness of the economy is going to keep a lid on inflation. [...]
Entries from June 2009
June 26, 2009
The Fed’s Good News
June 10, 2009
The Wit and Wisdom of Oliver Wendell Holmes
In announcing his nomination of Sonia Sotomayor for the Supreme Court, President Obama made the following comment, “For as Supreme Court Justice Oliver Wendell Holmes once said, the life of the law has not been logic, it has been experience; experience being tested by obstacles and barriers, by hardship and misfortune; experience insisting, persisting, and [...]
June 9, 2009
The Happiness Machine
One of the podcasts I listen to regularly is the Australian Broadcasting Corporation’s Philosopher’s Zone. I have no idea why I do this, as they rarely talk about anything interesting. I’ve wasted untold hours listening to topics such as “Hypatia of Alexandria” or “The Unhappy Family of Ludwig Wittgenstein.” On those rare occasions they manage [...]