
Sometimes I have to wonder why people think they need to have an opinion on everything. Case in point: A man took his wife to the theater in New York and the Republican National Convention felt it necessary to respond critically to this act of kindness because the man was Barack Obama.
Deliberate readers of this blog will have noticed its diminished content recently, a reduction caused in large part by the demands of my day job. As rewarding as having this forum can be, it must be said that it doesn’t put so much as a crumb of food on the table. Another component of my…

Not long ago we were worrying about Pakistan’s apparent lack of will to grapple with its Taliban problem and wondering if the government there – and the nuclear weapons it controls – would stay in power. Now Pakistan’s army is going house-to-house in Mingora to root terrorists out of the Swat valley’s main city and having success.
Megan McArdle has wrestled with this question and came up with a wonderfully clear answer:
If people really acted as if the choice to default were morally neutral, we’d either lose most of our credit system, or the legal rules would have to be much more punitive.