Happy Holidays!

I'll be in Russia until early January. Why, you ask? I'll give the details when I come back.

The Immortal Question

Jihadi or Ji-hottie? I know which one I prefer!

David Friedman

Awesome, David Friedman is blogging now. Here's his first post and here's a post regarding Libertarians and party politics.

Political Game

I just started playing a game called Particracy. This is a game that has a Wiki format where you are a political party and you create laws, try to get them passed, run for elections, etc. My party is the Free People's Party and it's located on the Independent Davostan Republic.

Classes and Vacations

Well, I had a difficult semester, but overall it went pretty well. For one of my GE classes, we had to maintain a blog. If you're curious you can see it here. I just got back from Las Vegas. I will be going to Russia from December 28 to January 10.

History of Liberalism

From Tom G Palmer, here's a history of liberalism in PowerPoint format from a lecture he gave in Russia.

Sidenote: I am travelling to Russia at the end of the year.

Bill O'Reilly is insane

Did anyone else see this interview:

CAVUTO: Okay. Gas prices are down a lot. Why do you think that is?

O’REILLY: Because they’re afraid they’ll go to jail. And those C.E.O.s who manipulated them–

CAVUTO: Why are you sure that they manipulated them?

O’REILLY: I have guys that are inside the five major oil companies - my father used to work for one of those oil companies, by the way - who have told me that in those meetings they look for every way to jack up oil prices after Katrina, every way. When they didn’t have to. And they got scared because in my reporting and some other reporting, they said –

CAVUTO: Wait, you’re taking credit for gas prices being down?

O’REILLY: My reporting and reporting of others.

CAVUTO: Has nothing to do with refineries that came back online or the crisis calmed after the hurricanes?

O’REILLY: The demand for oil in this country is the same now as it was one day after Hurricane Katrina. It’s the same. Selling the same amount of gas and oil.

CAVUTO: But the supply has increased, right?

O’REILLY: The supply has increased? Who knows.

CAVUTO: And it’s traded like a stock, correct?

O’REILLY: It’s traded by speculation, and the bottom line is they were afraid of a federal investigation and they said–

CAVUTO: I think you’re crazy, but you're right on the Christmas, but wrong on this.

Buchanan and the Constitution

The Cato Institute has a new blog titled Cato Unbound. One of the first posts is an essay by James Buchanan where he suggests three amendments to the Constitution that he would like to see. Arnold Kling takes issue with the second proposed amendment regarding non-discriminatory policies.

Now That's Bad!

You know spending has gotten bad when a French person makes the following observation:

Congressional Republicans Make French Socialists Look Like Ronald Reagan

Link via Stefan Karlsson

E-book

This is a book that I hope to read someday if I ever get the chance:

Social Statics by Herbert Spencer

Free Banking

I was looking through Lawrence White's website and found a number of links on free banking. White is a regular blogger at Division of Labour, which is one of my favorite Economics blogs.

Price Controls

I copied this almost verbatim from Jay Jardine:

1) If you set your prices lower than the competition, you will be charged with predatory pricing

2) If you set your prices higher than the competition, you will be charged with gouging

3) If you set your prices exactly the same as the competition, you will be charged with collusion