Daily Archives: January 14, 2012

Who’s the Bigot, Bigot?

Black, black, black, black, black. Black, black, black, black, black. Asheville has a new police chief, and he’s black. Yes, the article in the Citizen-Times tells us he’s African-American about eight times. It tells how he has to reach out to the African-American community, and how the mayor thinks he will have to restructure theContinue Reading

Creating Jobs

AB Tech recently succeeded in getting voters to approve a quarter-cent tax increase to pay for capital improvement projects. (Remember, Newton’s fourth law tells us political money is not fungible, so increasing capital revenues could not possibly do anything to loosen funding for allocations elsewhere.) Anyhoo, when it was announced that friends of AB TechContinue Reading

A century of failure: for the Federal Reserve apologists

Since the role of the Federal Reserve and its impact on the economy is becoming an issue in the GOP campaign, I encourage people to take in this lecture by George Selgin. He is a sharp, dispassionate economist, and he gives a tight overview of its record (40 minutes). [T]he Fed is not just aContinue Reading