The Conspiracy Builds

The Crooked Timber blog has a hilarious post about the international conspiracy by Socialists to throw our economy into chaos so that Obama can be elected. Amazing to imagine the power a bunch of anarcho-communists have over world finance.

Thanks to Paul Krugman for highlighting this on his blog.

Congrats to Krugman

New York Times columnist Paul Krugman has won a Nobel Prize in Economics. Krugman's columns are excellent exposes of the current state of affairs, and they unashamedly put forth a liberal vision of what our economy and government should be.

Naturally, some bloggers aren't happy about this development. Russell Roberts at the Cafe Hayek blog is practically boiling over with resentment that someone who does not represent his version of "the economic way of thinking" got the prize.

Well Russell, as you yourself observe in your post, better get used to it. The corporate leaders you trusted to build our economy got greedy and blew it with the deregulation. Your ideas are going to be out of fashion for a long while. Maybe you should call up some Marxist historians and ask them how they coped...

Deja Vu?

As New York Times columnist Paul Krugman reports on his blog, Sen. John McCain has been repeatedly quoting President Herbert Hoover on the strength of the economy.

Gee, I wonder if quoting the guy who let us fall into the Great Depression will cause people to question Sen. McCain's capacity to guide us through economic chaos?