The One-Handed Economist

Sic Semper Tyrannis

Archive for March, 2005

Long-Term Deficit vs. Long-Term Deficit

Thursday, March 31st, 2005

One of the many meme’s going around on the left is that Social Security isn’t really in crisis. These are the same people who claimed that the current budget deficit would ruin the country. I think this is most interesting.
Consider this: The Social Security Trust Fund is entirely comprised of US Treasury Bonds. […]

Read the rest of this entry »

Society? What Society?

Wednesday, March 30th, 2005

The ever-engaging Don Boudreaux of Cafe Hayek posted this most interesting tidbit about order, society, and government. I think his most interesting observation comes here:
The very act of framing issues or describing problems as “social” entails thinking of society (usually in the form of a country) as the relevant unit upon which analysis is […]

Read the rest of this entry »

“The Communists at the OCC”

Tuesday, March 29th, 2005

Not Orange County Choppers, the Office of the Central Comptroller. That is, one of the many regulatory agencies tasked with making the life of bankers everwhere sufficiently difficult.
Observation 1: Banks are responsible for enforcement of laws against money laundering. If a bank fails in due-dilligence, as defined by the OCC and rather nebulously […]

Read the rest of this entry »

Road Warrior

Monday, March 28th, 2005

During a Kinko’s misadventure last week, a misadventure caused by one “Bill” being unable to write down “colour” instead of “black and white” but managing to read the order back to me as “colour”, I spent some quality time on I-10. Currently under construction and scheduled for completion sometime in 2008, the I-10/I-410 interchange […]

Read the rest of this entry »