Sanity on the brink

I’ve been deluged with unbelievably insane stories this morning. Here’s a quick round-up: 12 million Americans think lizard people run the government. 13% of us think Obama is the “Antichrist.”  An Italian scientist claims vaccines make you gay. Two radio DJs are facing possible felony charges for telling listeners that “dihydrogen monoxide” was coming out … Continued

Fake Quote Files: Adolf Hitler on Gun Registration, Conquest and Disarmament

Have a cause you really hate? Want to discredit it? Well, fortunately for you, there’s History’s Worst Dictators™.  Whether it’s banking, corporations, evolution, abortion, gun control, gun rights, atheism, or vegetarianism, these villains can be dredged up whenever you need cast the specter of mass murder on your opponents’ intentions. Just make up a quote, make up a date, … Continued

“Government shouldn’t be in the marriage business” — Yeah. So WHAT?

Imagine for a moment that it was the prevailing practice in public schools to require mandatory Christian prayers services, and that students could be paddled, suspended, or expelled for failure to participate. I am convinced that a certain block of “libertarians” would be saying, “Let’s just focus on getting the government out of education altogether! … Continued

The Case Against the Minimum Wage

There’s a lot that economists don’t agree on: monetary policy, tax policy, environmental and energy policy, and host of other complicated and obscure issues. So when you do find overwhelming agreement among expert economists on a particular subject, there’s good reason to sit up and pay attention, particularly when it contradicts what the vast majority … Continued

The Real History of the Fed: Why It Didn’t Take a Miracle (Or a Conspiracy!) to Pass

The following is a guest post by Steven Horwitz, Charles A. Dana Professor of Economics at St. Lawrence University. Perhaps because money and finance are among the most complex and obscure parts of economics, a variety of cranks and conspiracy theorists have historically aimed their arguments against any number of monetary institutions and practices.  In the last hundred … Continued