Oh, yeah, a whole lotta shakin’ goin’ on, and what’s shakin’ from the tree looks pretty goddamn gamy these days, starting with Elon Musk, who’s been giving an excellent impression of the world’s richest 13-year-old for some time now, but recently upped the ante by about a 1000 percent, half destroying the company he just…
Tag: capitalism
Mysterious chuckling reported in the vicinity of Karl Marx’s grave
Yeah, Herr Karl got a lot of things wrong, but his prediction that economic collapses would prove endemic to capitalism has yet to fail. Six months ago, if someone had asked you how likely it was that a mysterious epidemic arising in a major country would give rise to fears of a major global economic…
Capitalism shaky, Mozart firm
OK, perhaps “shaky” is too strong a term, but consider: I recently ordered a high-end office chair from a high-end store for my high-end office, aka “my bedroom.” Yesterday the chair arrived. A hole had been punched in the box, and a handle used to make one of the many high-end adjustments had broken off….
Dr. Mankiw’s favorite chart
Or at least a chart from his favorite textbook (guess whose). Remarking on the above, Dr. Greg sez “The most noteworthy feature of these data is the substantial growth of government from 1929 to 1945. It is easy to understand why the size of government grew so much during this period: The nation was responding…
Two and 44/100s cheers for capitalism
A fascinating story in the September 9 Washington Post tells the tale of a come on practiced by some DC-area car dealers: Come on down and win $30,000 in cash! Or a Silverado truck! Or a flatscreen TV! Or a voucher for 150 gallons of gas! Now, granted, the odds that anyone would win any…