Archive for February 1st, 2012

XX-: Safe-Porn Dreaming USA »

To think as a young man I longed to live in southern California. Today, the state is one big caricature of Political Correctness. News item: The Los Angeles City Council passed an ordinance requiring porn actors to wear condoms. Presumably, they can perform their on-air sex acts outside Los Angeles. What is the point?…
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Social Engineering and the Roots of the Financial Crisis »

Many books and articles have been written about the financial crisis of 2007–2008. Unfortunately, much of this literature is deeply flawed, mistakenly treating, for example, unscrupulous mortgage lenders and securities dealers as the primary cause of the calamity rather than as factors subordinate to more fundamental causes. One book exempt from this criticism is…
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How Much Does the Safety Net Help the “Very Poor”? »

Presidential candidate Mitt Romney, in attempting to highlight an emphasis on the middle class in his platform, said a politically foolish thing. “I’m not concerned about the very poor,” he said. “We have a safety net there. If it needs a repair, I’ll fix it.” In an apparent effort to soften the harshness of…
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