The Price of Tea in China

“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.” – Milton Friedman It was welfare economist Amartya Sen who first noticed the women were missing. An estimated 100 million women were simply not in existence in developing nations. Sen argued that this was … [Read more…]

Did You Know The World Is Ending?

“What we know about the global financial crisis is that we don’t know very much.” –Paul Samuelson. Jim Manzi over at the American Scene has a fantastic and easy to understand anaylsis of the financial crisis and how it came to be.