Looking at charts of industrial output makes some think that this is the Great Depression Part II. Others think that looking at industrial production isn't all that important or informative.
The idea that government action opened up opportunity and competition is so ahistorical as to be breathtaking....
Something we forget at our peril, voluntary transactions benefit all of the participants in them.
The last time the government started throwing money around like a drunken sailor there was no corruption, oh no. But it does rather matter what you consider to be corruption.
Some thoughts on not spending money like a drunken sailor.
Rough figures, but some individual blogs seem to be getting about 15% of the web traffic of national newspapers.
And finally, the turth in a quiz answer.
