Blog
GM CEO to Resign
The President seems to think that GM is not fit to run itself. Given recent events, he may well be right. But how on earth…
Blog
Soft Toilet Paper: Mankind’s Doom?
The NRDC's Allen Hershkowitz says that "People just don't understand that softness equals ecological destruction." I had to chuckle after reading that last sentence (it…
Blog
Why Good Men Don’t Become President Anymore
Time Magazine
Broken Windows, Broken Logic
Kinsley's latest missive in time falls prey to one of the oldest traps in economics–Frédéric Bastiat's broken-window fallacy. Just as a broken window creates work…
Cafe Hayek
Tranquilizing the Stimulators
Blog
CEI in Time Magazine
Our CEI colleague Drew Tidwell and I fired off a letter to Time Magazine recently; one of their columnists fell for the old broken window…