Around the Web

  1. Conor Friedersdorf has a great piece in the Atlantic about defending the stay-at-home mom.
  2. In the New York Times there is a great read about how Mexican drug cartels earn their billions of dollars (via @MarketUrbanism)
  3. F.A. Hayek on why he was not a conservative. Good stuff on the confusion in the US about the term ‘liberal’, too. I recommend reading the book from which this article was excerpted, too also (the word ‘too’ has been used too many times).
  4. The Economics of Outsourcing.

Around the Web

Co-editor Fred Foldvary on the Buffet Misrule.

Mona Eltahaway, an Egyptian-American columnist who was detained and sexually assaulted by Egyptian security forces during the uprisings, writes about Why They Hate Us.

In the Atlantic, Conor Friedersdorf explains how student debt forgiveness is just another subsidy to the rich.

Will Wilkinson, writing in the Economist, on how Fair is Fair.

Guess who else got their hands on Libyan weapons?

Links From Around the Web

Co-editor Fred Foldvary on the destruction of the Libertarian Party.

Newest member of the consortium, Warren Gibson, writes in the Freeman about GDP.

Ninos Malek on associating in peace.

Jacques Delacroix questions Ron Paul’s credibility.

And writing over in the Atlantic, Conor Friedersdorf celebrates the failed boycott attempts of Rush Limbaugh’s show.

I just started school today, so if you don’t hear from me for a while, you now know why.  Have a great spring!

Some Great Links From Around the Web

A fascinating blog post on Indian domestic politics and foreign policy by a Ph.D. student living in New Delhi and studying at Jawaharlal Nehru University.

Alex Warren, a journalist with extensive experience in the Middle East, writes about Libya’s decentralization.

“The Current Models Have Nothing to Say.” That is economist Robert Higgs’s analysis of modern, orthodox economics.

Might regionalism help solve Central America’s woes?  Be sure to check out the rest of the blog, by Seth Kaplan, too.

Conor Friedersdorf of the Atlantic has a penetrating look at the logic of a drug warrior (h/t Brian Aitken)

Co-editor Fred Foldvary, writing in the Progress Report, explains that value is subjective.  This is an important concept when it comes to understanding economics.

Selgin on Bernanke

Some of you have probably already seen Roger Lowenstein’s overly laudatory, but still useful and interesting, article on Ben Bernanke in the March 2012 Atlantic. As a good antidote, you should check out George Selgin’s thorough and informed critique of Bernanke’s first of four lectures on the Federal Reserve. Bernake seemingly unreflectively repeats many gross myths about the history of banking. Although these myths are widely believed by mainstream economists who who are abysmally ignorant of history, Bernanke has specialized in monetary history and should really know better.

Jeffrey Rogers Hummel