TagsTagsWhen I was sixteen, I read the works of Ayn Rand. Specifically, I read the Fountainhead and Atlas Shrugged, which I reread several times, and some selected edited portions of her 'philosophical works'. The books made a large impression on me. I was a highly intelligent young man frustrated ...
Professor of economics Sarah Palin has the quote of the day: "Hells no. I would not vote to increase that debt ceiling." The half-governor explained further: "It turns my stomach to hear this assumption articulated that we have to, despite the fact that we are raking in the federal government ...
Sarah Palin, Word Salad, Debt Ceiling, Economics, Half-Governor, Half-Wit
For today's break from the political meatgrinder, here's a fascinating talk by Yale primate psychologist Laurie Santos on her research into whether humans are wired to make bad decisions in some circumstances. Warning: this video features monkeys who learn to use money. [Video] (Hat tip: Slumbering Behemoth.)
Monkeys, Economics, Anthropology, Evolution, TED, Laurie Santos
The Boston Globe has a glowing article on the wondrous new world of sharia-compliant finance. Now the industry is broadening its reach, from oil-rich Middle Eastern royalty to the middle class, raising the prospect that the impact of Islamic finance could be felt well outside the Muslim faith. More than ...
LGF, Islam, Sharia, Shari'a, Islamic Law, Banking, Finance, Economics
A very interesting report from the Treasury Department shows that the deficit is down by almost 33% compared to last year. (Hat tip: Geepers.)