Megan McAddled Swims With The Sharks

...and, by "sharks," I mean "actual, credentialed economists" (which McAddled is not). It all started with a post by her colleague James Fallows at The Atlantic. Read it if you're interested in a full picture of the back story. McAddled's take-away from Fallows' post was that he was repeating a popular but false liberal misconception: that Herbert Hoover wasn't in favor of austerity. Hoover Was...

Where At Least I Know I'm Free

So goes the song, anyway. You know the song (I won't link). It gets played everywhere on July 4th, so you've probably heard it recently. Lots of people like it; almost everyone knows it. Free. Freedom. We place a whole lot of cultural and political baggage on those terms here in the America. Heck, we even call ourselves "LAND of the Free." If that doesn't tell you we've got a lot invested in the...