Blog Review 902


You can't make sense of the unemployment numbers unless you relate them to the size of the workforce.

An unlikely hero for the taxpayers: Alistair Darling.

Companies failing is not an indictment of capitalism, it's the very essence of it, it's the proof that capitalism is working.

What would happen if drugs were decriminalised? Why not look at a place that has done that and see what did happen?

It's all about the gains from trade and the banking system moves those inter-temporarily. That's why we want a banking system.

A doctor talking about Giffen Goods when discussing alcohol consumption? Maybe the economists are starting to make an impact?

And finally, accountants bless the IRS.