Because the only good grapefruit is a grapefruit that can’t be detected by radar

Curious Capitalist Jr. and I were just walking down Broadway when we saw these boxes stacked on the sidewalk outside a grocery store. We both found the name very strange. And you?

Filipinos love the free market; Turks hate it

From a poll published yesterday by WorldPublicOpinion.org: Not that surprising in general: Everybody knows Asians and Americans like capitalism best. Although the Africans are up there too! The huge gap between France on the one side and Germany and Italy on the other surprised me. And what’s up with Turkey? The general global trend in [...]

The great walkaway to come in California

Former Curious Capitalist guest blogger Mark Gimein has a nice scaremongering piece in Slate (or is it on Slate? At Slate?) about the next mortgage shoe to drop: affluent Californians with option ARMs. The most common subprime loans were known as “2/28″ in the industry: 30 years, including a two-year teaser rate before the interest [...]

The best defense I’ve heard yet for McCain’s big tax flip-flop

After gently bashing the Straight Talking One yesterday, it seems only fair to share this little bit from Jonathan Rauch’s defense, from the May Atlantic, of John McCain as a Burkean (as in Edmund Burke) conservative: McCain voted against Bush’s big tax cuts, but now says he supports extending them rather than risking damage to [...]