How much blame do the Republicans deserve for our current mess?

Matt Philbin of the Business & Media Institute, which aims to expose the anti-free-enterprise bias of the mainstream media, finds fault with my list of the 12 things and people most to blame for our current financial mess. Here’s what seemed to bother Philbin most: According to Time’s Justin Fox, the financial crisis and the [...]

Joel Garreau takes on Igor Panarin

In Saturday’s Washington Post, Joel “Nine Nations of North America” Garreau takes on Igor “The U.S. will break up into six parts by 2010” Panarin: Never uncommon in North America is the geopolitical urge to take a walk for a pack of cigarettes. At any given time, there are as many as a dozen secession [...]

Tyler Cowen: Statist, anti-Rothbardian agent of the Kochtopus

My little foray into Austrian economics is now taking me down a rabbit hole that I really should climb out of (I’ve got work to do) but is just too fascinating to leave. Paleolibertarian, Rothbardian, Misesian Austrian economist Lew Rockwell responded to my post: The author hilariously sees Austrian economics as divided into two parts: [...]

Bethany McLean provides the definitive account of the Fanniefredderung

My old friend Bethany McLean, who was writing about Fannie Mae when writing about Fannie Mae wasn’t cool (so was I, but far more superficially), has an epic dissection of “Fannie Mae’s Last Stand” in the February Vanity Fair. It tries in places to be a typical personality-driven VF story, with former CEOs Jim Johnson [...]

Is this a profitable time of year to own stocks?

A reader asks, with regard to my post about S&P 500 volatility through the years: According to the Stock Trader’s Almanac one gets the impression that there was a year end rally in 1929, 1930, 1931 and 1932.  Would it have been a profitable trade to own the S&P500 during these years for the period [...]

New column etc.: Who/what is to blame?

My column in the new issue of TIME, with the energy-efficient lightbulb on the cover, lists the eight things/people that I currently think are most responsible for our financial and economic mess. (The list in my head is always in flux.) That’s not online, though. The online version goes to 12 (top that, Nigel Tufnel).

Happy New Year!

Times Square, right after the ball drop. As reconstructed by Curious Capitalist Jr.