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Austrian Game Theory

Not precisely, but Steve Verdon posts that Austrians are 'winning' an aspect of the theoretical/methodological war with the Neoclassical mainstream in that general equilibrium models are being junked in favor of game theoretic models.


France as portal or destination?

Don Boudreaux over at Cafe Hayek notes some interesting numbers from The Economist magazine:

- In 2001, the country with the largest number of tourist arrivals was France, with 76,503,000. A distant second was Spain, with 49,532,000. The United States was third, with 45,495,000. Assuming 2001 to be a typical year, these facts mean that France currently welcomes 60 percent more tourists each year than does the U.S.

Well, he's got a point.

Krugman on Fahrenheit 9/11 and King George:

There has been much tut-tutting by pundits who complain that the movie, though it has yet to be caught in any major factual errors, uses association and innuendo to create false impressions. Many of these same pundits consider it bad form to make a big fuss about the Bush administration's use of association and innuendo to link the Iraq war to 9/11. Why hold a self-proclaimed polemicist to a higher standard than you hold the president of the United States?

Alternate Reality?



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Free Martha

Remember kids:

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Outsourcing companies create jobs at home, and other twists

Daniel Drezner, after a throat-clearing sarcastic whipping of Josh Marshall's weak attempt to justify Kerry's outsourcing BS, lets us know that the companies doing the most outsourcing have increased their domestic employment on net (more jobs created than 'sent' abroad).

Outsourcing makes more jobs in America? That's Unpossible!

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Buckley, the Old Right, and Reality

Jeffrey Tucker over at the Mises Blog gives us two links comparing two different takes on the post-WWII right. Read more »


Speak with forked tongue and carry a big stick

First, Bush tells Taiwan that we're not going to defend them if they upset the Chinese.

Now, Bush is sending a massive fleet of seven carrier groups into striking distance of China and allowing the Taiwanese fleet to join in on the saber-rattling exercises, with the apparent intent of... upsetting the Chinese. Read more »


Dead rising from the grave, Variable constants of the universe, Mass Hysteria!

Well, except for the undead part, it seems that what once was "not just a good idea, but the Law" (the speed of light, that is) has varied in the past just like the more prosaic highway speed limit. Read more »


Its getting drafty in here

Speaking of perverting the Fourth, The Balko points to two recent Op-Eds lauding the draft and pining for its return:

"Why we need the draft back" - Washington Post

"Bring back the (don't say Draft)" - USA Today

Just doin' my part for internet connectivity and google ranks...


King George warns the Aussies - "Vote my way or else"

Perhaps the Kerry campaign's strategy of keeping their candidate away from the press, people, and the campaign trail whenever possible is wiser than we've thought. It seems especially wise when the Bush administration is doing all it can to write Kerry Campaign press copy for them. Read more »


A bleg to the audience...

I cannot remember either the origin or author of the following quote, which I think is rather good:


"True liberation comes when the personal is apolitical"

...or something to that effect. Does anyone know what the actual quote may be (if I am paraphrasing) and to whom it should be attributed?


No True Scotsman...

In today's Manichaean political climate, there are many assumptions bandied about by partisans, commonly that if you disagree with Side A, you're automaticaly a partisan of Side B. What follows after such an 'instantaneous straw man' establishment is that Partisan A lights into you for all the sins (imagined and real) of the other side, demanding that you defend those positions or else recant your heresy. Read more »


Ludwig von Mises, Neocon

From Mises' Omnipotent Government, Chapter X - "Nazism as a World Problem," Part 4 - "Alternatives":



The Wogs are Dumb, but Happy

Well, so says Matthew Yglesias, wondering why the Iraqis don't hate their new government, since (in his view) they have "no particularly good reason" to feel good. But, they're happy, so the dumb masses can go on. Read more »