Adam Smith Institute

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Blog Review 892

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blog-review-892

Contrary to popular belief, it was the rich voting for Obama disproportionately, not the poor.

Yes it was leverage and no it wasn't. The banks weren't any more leveraged than usual: it's that the mortgages themselves were more leveraged than usual.

One fifth birthday that deserves to be celebrated.

Sad but true, Amnesty International has jumped the shark.

This isn't quite how quantitative easing works. Sadly.

Efficient, low cost health care. That's what the US is looking for, so it's odd that they make it illegal to provide efficient low cost health care.

And finally, cruel, cruel Guido.