Eric Scheske

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Economics

From the Notebooks

The Great Idiocy “'Please understand that we are keen to move toward a market economy,' a senior Soviet official whose responsibility had been to provide bread to the population of Saint Petersburg in its communist days told economist Paul Seabright, ' but we need to understand the fundamental

Thursday Miscellany

Yikes, I own some MSFT stock: Google Inc., owner of the most-visited Internet search engine, is developing a computer operating system based on its Chrome Web browser, taking aim at Microsoft Corp. in its strongest market [http://www.bloomberg.com/apps/news?pid=20601087&sid=aTd2k.YdQZ.Y]. I

Tuesday

Rolling Stone v. Hudge and Gudge? Interesting stuff over at Rolling Stone: Goldman Sachs has engineered every major market manipulation since the Great Depression - and they're about to do it again. [http://sites.google.com/site/disclosuredelta/] It features one of the best opening lines in magazine-writing

Wal-Mart Wednesday

Employment at Wally World Yesterday, the glory of managing a McDonald's. Today, the glory of working at Wal-Mart. EconTalk's podcast this week is an interview with Charles Platt, a journalist who "went undercover" and got a job at Wal-Mart [http://www.econtalk.org/archives/

Monday Miscellany

Evil Marriage I've harped on this point before [https://thedailyeudemon.com/?p=7874]: the marriage of big government and big business. The nuptials have been going on since the 17th century. It infuriated Belloc and Chesterton, and it ought to infuriate the rest of us, but we just

Pirate Day

Yo Ho, A Pirate's Life For Me One of the best podcasts comes from George Mason University's economics department: EconTalk. It's perfectly pitched at my level of economics learning, not too basic, not too advanced. I get excited every time a new podcast comes

The End of Volunteerism

In a Service Club, a Long Time Ago I belong to a service club that has a somewhat unique officer arrangement. If you "go through the chairs," you're committing to a five-year stint. Three of the years require you to be at every weekly meeting, plus

Risk Taking

Rage in the Manhattan Cage I saw a piece from New York Magazine making cyberwaves last week, but I decided not to post about it until I had a chance to read it. I read it during my nephew's baseball game on Saturday: The Wail of the 1%

Feature Essay

The Catholic Economy Silent Spain, slumbering Spain, solitary Spain. Max Picard [http://www.amazon.com/exec/obidos/ASIN/0971748314/thedailyeudem-20], possibly the best writer ever of thin thick books, loved old Spain. Writing in the mid-twentieth century, before Madrid became a blare of horns and Toledo a blast of loud

The Ignorant Non-Keynesian

That's me, walking a mile to the office in a charcoal gray topcoat in 5-degree Michigan weather, hat on my head, iPod headphones in my ears, my brows furrowed. More likely than not, I'm listening to a podcast about economics. Peter Schiff [http://www.takimag.com/