As a matter of fact, I I didn’t flunk Econ 101, because I never took it! So what? To quote Mel Brooks, I’m an old man and I’ve got a right to talk. And, to quote another old man, Richard Nixon, “I am not an intellectual, but I do read books!” Well, I do and…
Tag: Adam smith
In Space, No One Reads Adam Smith
That’s what I get from the first episode of The Expanse, an elaborate space drama brought to you by the good folks at SYFY, now in its sixth season, which I’m watching on Amazon. Set in the 23rd century, it envisions a solar system dominated by Earth and Mars, with the hapless denizens of “The…
Stadia Mania! Why the heart hath reasons that Reason knows not of
It’s no stretch to say that “Reason” magazine does not ♥ public funding of sports arenas. You can get a fair sample of Reasonette bile regarding sports arenas here. And I agree: public funding of sports arenas—most egregiously, the fabled NFL franchises—makes no economic sense. Yet it happens, constantly. So it must make some sort…
Hatin’ on Keynes, Part II: Adam Smith, total homo
To return to the topic of whether Keynesian economics should be avoided because Keynes liked boys and ballet better than girls and football, let me point out that Adam Smith, the King of Laissez Faire,* never married, and was suspiciously fond of his mother, kind of like Liberace, without all the furs. As Jeet Heer points out in…