Blog Review 761


The crisis is, as we know, bringing out everyone and their uncles with their pet plans for sorting out the world. Can we just remind ourselves that there's nothing big and nothing clever about the idea of energy independence? The arguments for trade don't break down just because something is important.

Schumpeter's Wager is the opposite of what he actually thought himself: that these downturns are simply the necessary flipside of the creative desctruction that makes us all so wealthy.

On why we need the Milton Friedman Institute now more than ever.

Netsmith isn't quite sure he believes this headline figure but there is your real economy for you.

Just another reason to dislike politicians.

How the media reports on medical stories and "miracle cures".

And finally, the interesting way to decide the US election.