Thinking Out Aloud

My tips for long flights are: Stick to water on the flight; Have salt; Get massages. (Had a massage the evening I left and at the Dubai...

Econblogger Scott Sumner, extends an excellent comment on one his posts which raises the issue of policy "stickiness", or what I ...

Tim Blair on a Prince concert as dancer masterclass . Enjoy.

My nomination for the most misleading metaphor in modern philosophy is John Locke’s notion that, in a state of nature, one mixes one’s labou...

Over at Skepticlawyer , I participated in a thread on why interest rates are the price of credit, not the price of money.  It turned into a ...

Both the RBA and the Fed have a "dual mandate", to keep both inflation and unemployment down. A way to think about that in monetar...

A couple of days ago, went to St John's co-cathedral in Valletta. Downloading and then uploading images from my iPad defeats me. But ima...

One of the standard complaints against giving queers (by ‘queer’ I mean any person who does not conform to being definitively male-or-femal...

The Eurozone, the US, Japan and the UK are all suffering prolonged economic stagnation. [You can see how serious it is in the US here .] It...

The economic school that Lars Christensen named market monetarism, and whose blogging doyen is Scott Sumner , argues that monetary policy...

This is based on a comment I made here . (It is a little bit of a work in progress, as I have updated it over the course of the day.) Th...

This is based on a comment I made here . Infrastructure (roads, power, water, rail, ports, airports) is typically a network good or a h...

I find Steve Horwitz , along with George Selgin (prominent advocate of free banking and supporter of a productivity norm [pdf] for monet...

A description of what confronted a Commonwealth officer in the Northern Territory during the Pacific War (1941-5), when thousands of servic...

I had never given much thought to production functions , a standard way for economists to formalise thinking about production, until a rath...

Just when I thought I had a full grasp of the moral depravity that is suicide bombing, another level of horror is revealed. Al Qaeda’s prefe...

Scott Sumner and Noah Smith have been having an argument about China and culture. Scott's original post was here , Noah replied , Scott ...

Because of this . There is also Buffy , Angel , Firefly and Serenity . ( Dollhouse , not so much.) I have a particular soft spot for Seren...

If a private publication sacks a writer because they do not wish to be associated with his declared opinions, this is not a free speech issu...

I wanted to like the latest Conan film. I loved Robert Howard's original stories , I enjoyed the Milius-Schwarzenegger film . Watching...