Category Archives: General Foolishness

A Bit Drastic, But at Least They Correctly Identified the Problem

A barbarous solution to the barbarous problem of over-legislation:

A Locrian who proposed any new law stood forth in the assembly of the people with a cord round his neck, and, if the law was rejected, the innovator was instantly strangled.

-Edward Gibbon, Decline and Fall of the Roman Empire, p. 1435.

I personally prefer peaceful solutions that reform the institutional rules that make over-legislating and over-regulation possible in the first place. But before the days of Douglass North and James Buchanan, this was apparently what people had to work with.

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How to Change Trump’s Mind on Tariffs

It turns out the word “tariff” is of Arabic origin, according to Henri Pirenne, Economic and Social History of Medieval Europe, p. 145.

Dad Jokes in Economics

Even trade economists are not immune to making the occasional awful pun.

“Poland’s exports of golf carts to the United States were challenged on anti-dumping grounds… the Poles did not even play golf, so there were no domestic prices to work with: the Poles had put the cart before the course.”

-Jagdish Bhagwati, Protectionism (1988), p.51.

Yet Another Ringing Endorsement

Politico: “Palin: It’s not ‘stupid’ to vote for Trump

Another Ringing Endorsement

Politico: Ivanka Trump on her father: ‘He’s not a groper’

A Ringing Endorsement

Politico: Melania Trump on husband: ‘He’s not Hitler’

Economics Humor

fed rate hike of 2015

Click the image to enlarge.