11 inch “Footlong” Sub Torpedoed

Originally posted on Thursday, January 31, 2013 Share CBS News recently reported that almost 100,000 people recently “Liked” a photograph posted to Subway’s Facebook fan page (comprising almost 20 million hungry Likers) showing one of its vaunted...

“One Ring to Rule Them All”

Originally posted Tuesday, January 29, 2013 Share High among Hollywood blockbusters is the Lord of the Rings trilogy, accompanied, now, by The Hobbit. Its central device is a quest for possession of one gold ring. The Wikipedia provides its background: Image courtesy...

Hesiod: “a golden race of mortal men….”

Originally posted on Thursday, January 24th, 2013 Murray Rothbard, in Economic Thought Before Adam Smith: Austrian Perspective on the History of Economic Thought, referenced the great Greek poet Hesiod as the first economist. From Hesiod we have many of the great...

Is Fed Policy Too Tight?

Originally posted on Tuesday, January 22, 2013 Share Is the Federal Open Market Committee holding monetary policy too tightly?  The president of the Federal Reserve Bank of Minneapolis believes that may be true.  It may be.  It is impossible, under the regime of...