Milton Friedman responds to Naomi Klein's assertions (no, not a seance, just modern recording technology).

Why the newspapers and magazines are going to report this recession as the worst ever. For for them, it is.

While, at least so far, it doesn't seem to be the worst.

And at least there are simple ways of solving such minor problems.

That old revealed preferences thing rears its most amusing head again.

Another reminder of how the various governing bodies acquire their cheerleaders.

And finally, who wouldn't want to work for a newspaper like this?