May 2011
May 27, 2011 –
So I go out for breakfast this Friday morning. Had some crepes. They were delightful. (They're just really thin pancakes*). [more]
May 23, 2011 –
In an economics chat room the other day, I challenged a supporter of MMT about certain aspects I found lacking. Warren Mosler, leading advocate of Modern Monetary Theory (MMT), was commenting in the thread as well. Our interaction is reposted here (I don't have time to add concluding remarks or to summarize right now, but if you drop a good comment below, I will try to respond) : [more]
May 21, 2011 –
Another shorty
(that's what she said...) [more]
May 18, 2011 –
You might as well kiss the Rule of Law goodbye. [more]
May 17, 2011 –
"Monseigneur, one of the great lords in power at the Court, held his fortnightly reception in his grand hotel in Paris. Monseigneur was in his inner room, his sanctuary of sanctuaries, the Holiest of Holiests to the crowd of worshippers in the suite of rooms without. Monseigneur was about to take his chocolate. Monseigneur could swallow a great many things with ease, and was by some few sullen minds supposed to be rather rapidly swallowing France; but, his morning's chocolate could not so much as get into the throat of Monseigneur, without the aid of four strong men besides the Cook. [more]
May 09, 2011 –
This is my rebuttal to Alex Dumortier's article “Warning! Gold is now 3 times overpriced!” Let's skip the introductions, since you can get the background by reading Alex's original article, my response, and aforementioned “3 times overpriced” article. [more]
May 04, 2011 –
Enjoy the hype from Paper Bugs while it lasts. Keep it filed for future use. Remember early this year, when gold dramatically pulled back from its highs? Gold "will pull back to $1,000" they said. Some said even further than that. It was all over for gold. [more]
May 01, 2011 –
We are going to be told today that Bin Laden is dead and the US has his body. [more]
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