P.S. HuffWednesday, September 30, 2009
The Supreme Court has granted cert. in McDonald v. City of Chicago. At issue is whether the Second Amendment "is incorporated into the Due Process Clause or the Privileges or Immunities Clause of the Fourteenth Amendment so as to be applicable to the States, thereby invalidating ordinances prohibiting possession of handguns in the home."
This instantly becomes the October 2009 Term's blockbuster case.
P.S. HuffSaturday, September 05, 2009
Bob Murphy thinks a new world record has been set for worst economics article ever. He may be right; the piece at issue reads like a parody of a parody of an Onion article. Here's a small taste:
It is too early to declare victory, but the world looks much safer than it did only a few months ago. Credit markets are recovering, to the point that the junk bond market will have its best year ever if it manages not to lose any money over the rest of 2009. The stock market has just finished its best six months since 1938.
If victory is to be had, it will owe a lot to the willingness of American policy makers to set aside cherished policies and simply create money. And that is one reason it is appropriate to pause and celebrate an unheralded bicentennial: The father of the greenback, Elbridge Gerry Spaulding, who was born 200 years ago, in 1809.
Click
here to read the whole thing.
