The excellent blog Carpe Diem made what I believe to be a poor argument against those protesting at Wall Street (see picture below).
The Americans protesting against what they believe to be corporate corruption--presumably brought about by lax regulation--cannot be ridiculed for owning goods produced by the private sector, because they can adroitly criticize libertarian bloggers for their consumption of public goods like roads and police.
- Pagan fertility chant in Early Middle Ages
- Electro-Shock Therapy and Placebos
- Keynesian Multipliers and the Perpetual Intellectu...
- Spinoza and the Enlightenment
- Theory of Virtue and Sin
- Excerpt from Grand Pursuit
- A Remark On Keynesian Models
- Analogy for tariffs
- Monasteries for Protestants
- In love with a book
- Enough is enough
- Something you wish you never said
- The Bayesian Mind
- Nothing New Under The Sun: Daoism and the Law of U...
- The P-Values Of The Gods
- Confusing Correlation and Causation (Modern India ...
- Quotes about life's mysteries
- Different Perspective On China's Currency Manipula...
- Quotes About Huey Long's Politics
- Quotes about anthropology and the universality of ...
- Is local government always better?
- Do you learn more in more challenging classes?
- Old-School British Communism
- Will Participatory Economics Be Mandatory?
- Confusing Correlation and Causation (Greek and Rom...
- Beautiful quote about economics...
- Augustus Wisdom
- The Nobel Prize in Economics goes to...
- The Merciful Universe
- To protect the wealthy
- Class Warfare
- Bad argument against the protesters at Wall Street...
- Quote regarding unemployment
- Byzantium Stimulus
- Dictatorship of the Proletariat (Part 2)
- What opposition to usury really represents
- Dictatorship of the Proletariat
- Quote: Prices, Perceived Value, and Self-Delusion
- Quantitative Easing: Augustus Style
- Confusing Correlation and Causation (Byzantium Edi...
- My favorite capitalism quote
- Quitting Economics
- Origin of 'Red Herring'
- Quote about the essence of economics
- Survey of Food Attitudes
- Understanding the Holy Roman Empire
- ▼ October (46)
- ► 2009 (71)