The Latest from Cafe Hayek <http://www.cafehayek.com/hayek/> <http://fusion.google.com/add?source=atgs&feedurl=http://feeds.feedburner.com/CafeHayek> ------------------------------
- Paul Graham, hacker (by Russell Roberts) <#1226457b94cdaae6_1> - Economics is hard (by Russell Roberts) <#1226457b94cdaae6_2> - Whitman on Thaler (by Russell Roberts) <#1226457b94cdaae6_3> - Oily Speculations (by Don Boudreaux) <#1226457b94cdaae6_4> Paul Graham, hacker (by Russell Roberts)<http://www.cafehayek.com/hayek/2009/07/paul-graham-hacker.html> Posted: 09 Jul 2009 05:41 PM PDT Does anyone have contact info for Paul Graham<http://www.paulgraham.com/index.html>, author of Hackers and Painters<http://www.amazon.com/gp/product/0596006624/invisiblehear-20> ? <http://feeds.feedburner.com/~ff/CafeHayek?a=G9oNFo8OfT8:gtX-BWaSs1Y:yIl2AUoC8zA> <http://feeds.feedburner.com/~ff/CafeHayek?a=G9oNFo8OfT8:gtX-BWaSs1Y:dnMXMwOfBR0> <http://feeds.feedburner.com/~ff/CafeHayek?a=G9oNFo8OfT8:gtX-BWaSs1Y:F7zBnMyn0Lo> <http://feeds.feedburner.com/~ff/CafeHayek?a=G9oNFo8OfT8:gtX-BWaSs1Y:V_sGLiPBpWU> <http://feeds.feedburner.com/~ff/CafeHayek?a=G9oNFo8OfT8:gtX-BWaSs1Y:gIN9vFwOqvQ> Economics is hard (by Russell Roberts)<http://www.cafehayek.com/hayek/2009/07/economics-is-hard.html> Posted: 09 Jul 2009 04:28 PM PDT You could teach on course on the errors in this poster<http://www.fulltable.com/VTS/a/am/vv/26.jpg>(HT: michelediane <http://twitter.com/michelediane>). Assuming it is real and that someone or some group in 1943 thought this made sense or that people would think that it did, is a testament to how hard economics is. <http://feeds.feedburner.com/~ff/CafeHayek?a=_TAF8tq4mms:RqGV5Fs6NV0:yIl2AUoC8zA> <http://feeds.feedburner.com/~ff/CafeHayek?a=_TAF8tq4mms:RqGV5Fs6NV0:dnMXMwOfBR0> <http://feeds.feedburner.com/~ff/CafeHayek?a=_TAF8tq4mms:RqGV5Fs6NV0:F7zBnMyn0Lo> <http://feeds.feedburner.com/~ff/CafeHayek?a=_TAF8tq4mms:RqGV5Fs6NV0:V_sGLiPBpWU> <http://feeds.feedburner.com/~ff/CafeHayek?a=_TAF8tq4mms:RqGV5Fs6NV0:gIN9vFwOqvQ> Whitman on Thaler (by Russell Roberts)<http://www.cafehayek.com/hayek/2009/07/whitman-on-thaler.html> Posted: 09 Jul 2009 01:21 PM PDT Glen gets it right<http://agoraphilia.blogspot.com/2009/07/thaler-on-ski-slopes-and-mortgages.html>. (HT: Seth Goldin <http://twitter.com/sethgoldin>) <http://feeds.feedburner.com/~ff/CafeHayek?a=P1TngfkLd_E:-FjSN0wInig:yIl2AUoC8zA> <http://feeds.feedburner.com/~ff/CafeHayek?a=P1TngfkLd_E:-FjSN0wInig:dnMXMwOfBR0> <http://feeds.feedburner.com/~ff/CafeHayek?a=P1TngfkLd_E:-FjSN0wInig:F7zBnMyn0Lo> <http://feeds.feedburner.com/~ff/CafeHayek?a=P1TngfkLd_E:-FjSN0wInig:V_sGLiPBpWU> <http://feeds.feedburner.com/~ff/CafeHayek?a=P1TngfkLd_E:-FjSN0wInig:gIN9vFwOqvQ> Oily Speculations (by Don Boudreaux)<http://www.cafehayek.com/hayek/2009/07/oily-speculations.html> Posted: 09 Jul 2009 04:41 AM PDT Here's a letter that I sent yesterday to WTOP radio <http://www.wtop.com/>(103.5 and 107.7 on your FM dial in and near DC): News Editor, WTOP Radio Washington, DC Dear Sir or Madam: This morning your anchors interviewed University of Maryland law professor Michael Greenberger on President Obama's plan to reduce speculation in oil markets. Mr. Greenberger's answers revealed his own confusion. Most obviously, Mr. Greenberger repeatedly objected to persons investing in oil futures "passively" - as he said, "with no interest in actively controlling these assets, just hoping to make a buck when their prices rise." Ummm.... Does Mr. Greenberger own stocks only in companies that he actively manages? If not, why is it okay for him passively (and speculatively!) to buy, say, a few dozen shares of Microsoft "hoping to make a buck when their prices rise" but not okay for other persons to speculate in oil for the very same reason? Second, Mr. Greenberger presumes that all speculators speculate long *and*that doing so is a sure thing. Neither presumption is valid. It's just as easy to speculate short as it is to speculate long. And if speculation were as risklessly profitable as Mr. Greenberger presumes it to be, then high gasoline prices would pose no problem because everyone and their grandmothers would be raking in riches by speculating in oil markets. Sincerely, Donald J. Boudreaux <http://feeds.feedburner.com/~ff/CafeHayek?a=xKsq3XklDpQ:HF9Adm8-VoQ:yIl2AUoC8zA> <http://feeds.feedburner.com/~ff/CafeHayek?a=xKsq3XklDpQ:HF9Adm8-VoQ:dnMXMwOfBR0> <http://feeds.feedburner.com/~ff/CafeHayek?a=xKsq3XklDpQ:HF9Adm8-VoQ:F7zBnMyn0Lo> <http://feeds.feedburner.com/~ff/CafeHayek?a=xKsq3XklDpQ:HF9Adm8-VoQ:V_sGLiPBpWU> <http://feeds.feedburner.com/~ff/CafeHayek?a=xKsq3XklDpQ:HF9Adm8-VoQ:gIN9vFwOqvQ> You are subscribed to email updates from Cafe Hayek<http://www.cafehayek.com/hayek/> To stop receiving these emails, you may unsubscribe now<http://feedburner.google.com/fb/a/mailunsubscribe?k=RD87GWo2xMyNcdDv2g6ct6FC7Lk> .Email delivery powered by Google Google Inc., 20 West Kinzie, Chicago IL USA 60610 --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. 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