Increasing Marginal Utility

A blog so good it violates the law of diminishing marginal utility.

Browsing Catharsis – 09.13.12

So perhaps there was something useful about gold after all. Of course, there is a way to preserve a healthy level of inflation volatility while also avoiding dangerous collapses in demand: nominal GDP targeting. We can do better than gold—much better—by simply observing that the gold standard functioned best when mimicking good monetary policy, defined as demand stabilisation, and by working to stick to that.”

Lil’ Bane.

Conservatives should drop Rand in favor of Ropke.

Barack Obama, Austrian Economist.

Why is the NFL discouraging long field goals?

The definitive article on why the Nationals shouldn’t have shut down Strasburg.

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