Sargent on rational expectations and fiscal and monetary policy

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What Do Entrepreneurs Actually Do?

The Stigler diet – dirt cheap but terribly boring

From https://tlcdiet.org/stigler-diet/

Another Great Escape

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Spot on @BillMaher

Nobel Prize Winner in Economist 1995 – Robert Emerson Lucas

Transaction costs in underground gun markets

From https://harris.uchicago.edu/files/inline-files/EJ_gun_markets_2007.pdf

Which Meal is Dinner?

Sheryl's avatarA Hundred Years Ago

18-year-old Helena Muffly wrote exactly 100 years ago today: 

Sunday, April 13, 1913:  Went to Sunday School this morning. Took dinner with Carrie.

DSC04440.crop.B Source: Ladies Home Journal (July, 1911)

Her middle-aged granddaughter’s comments 100 years later:

Which meal did Grandma eat with her friend, Carrie Stout?

I’m almost sure that it was the noon meal—but today it seems like most people are refer to the evening meal as dinner.

When I was a child growing up we always called the mid-day meal dinner. But, I’m never sure if other people understand what I mean when I say dinner–so my family eats breakfast, lunch and supper.

What do you call the meals?

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1913 Hair Styles

Sheryl's avatarA Hundred Years Ago

17-year-old Helena Muffly wrote exactly 100 years ago today: 

Sunday, January 5, 1913:  Went to Sunday School this morning. Would like to go every Sunday of this year. Was over to see Carrie this afternoon. Went along with her to church this evening.

DSC06706.crop.a

DSC06709.crop.b Source; Ladies Home Journal (November, 1913)

Her middle-aged granddaughter’s comments 100 years later:

Carrie Stout was a friend of Grandma’s who lived on a nearby farm. What did the two teens talk about? . . . do?

When I was young my friends and I enjoyed fixing each other’s hair. Maybe Grandma and Carrie also enjoyed fixing each other’s hair.

DSC06702.b

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DSC06710.a

There’s a fun YouTube video that shows how to do an early 1900s updo.

Beauty Through the Decades, 1900-1910 Hairstyle

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#climateemergency #globalwarming @GreenpeaceAP @Greenpeace @Greens @NZGreens

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Jesus ‘n’ Mo ‘n’ the sexes

whyevolutionistrue's avatarWhy Evolution Is True

In the latest Jesus and Mo strip, called “lives,” the boys debate the timely question of who’s a man and who’s a woman. The author included this statement in the email:

A significant proportion of the political establishment seems to be losing its mind over this issue. To be clear: trans women are trans women and trans men are trans men. They deserve to be treated with the same kindness and respect as any other human being. But, as I am sure most regular readers of J&M know, you don’t have to believe in bullshit to be kind. Don’t trust anyone who tells you otherwise.

Curiously, Mo takes the woke position, but the barmaid asks a salient question—especially salient when it comes to sports participation.

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James Carville on the 2020 Democratic candidates

whyevolutionistrue's avatarWhy Evolution Is True

Who doesn’t like James Carville? He’s smart, strongly liberal and pro-Democratic Party, and has an impish look but a potty mouth. His Louisiana accent is endearing. And he’s famous as a campaign strategist and for posting these three mantras on the wall of the Clinton election’s “campaign war room” in 1992:

  1. Change vs. more of the same.
  2. The economy, stupid.
  3. Don’t forget health care.

The man doesn’t mince words. Carville now teaches at Louisiana State University, and he’s still married to conservative Mary Matalin (I have no idea how that marriage works!).

So Carville has a recent interview in Vox with Sean Illig, and makes some strong pronouncements about how the Democratic Presidential race this year is going south, and what we need to do to fix it. Click on the screenshot to read it. I’ve given quotes below from only a part of the interview, which you…

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Handy hints for @NZGreens @Greenpeace @Greens

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#endcoal #endoil #globalwarming #climateemergency @Greens @GreenpeaceAP

.@BernieSanders’ Scary History of Socialist Praise

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