Over a year ago, a bunch of economists and grad students made this music video about what causes recessions: too-free businesses (Keynes) or central planning of the market (Hayek). It was brilliant, and displayed both sides very well in a fun way. Just yesterday they released Round Two, which is also great. I don't think Hayek made as many brutal points as he did in the first one, but the ending is completely accurate in its analogy to real life: Hayek's argument destroys Keynesian ...
In a pathetic, yet not entirely unexpected, last-ditch attempt to attack the legitimacy of a federal district court claiming that anti-gay marriage statutes are unconstitutional, the Prop 8 supporters are now asking a new district court (the previous judge, Judge Walker has retired) to set aside that decision because of a conflict of interest. What conflict of interest, you might ask? He's gay. Yes, he had no financial or personal interest. But Walker still should have ...
Recently I've been keeping up with Lowering the Bar, a legal humor site. Just recently I noticed its Case Law Hall of Fame, and boy there are some nuggets in there. Even lay people can appreciate some of the biting humor here, so I figured I'd share some of the best quotes. Admittedly I was way too amused by some of these. First, there's Bradshaw v. Unity Marine, a case on whether to apply the statute of limitations for Texas or federal maritime law. It's only 4 pages long, so the ...
Updated 04-18-2011 at 05:04 AM by Raistlin