Redneck creativity or de-evolution? You decide.

Jimmy Hoffa died and Medicare and Medicaid became law 35 years ago today.

Jimmy Hoffa never knew when to quit. He was sent to the cross bar hotel and when he got out he wanted his old job back. Some folks did not want him to have it back and wanted him to go away. He sorta did....just don't know where.

Now this guy is really doing good, not wondering how many angels can dance on the head of a pin.

http://www.forbes.com/forbes/2010/0809/opinions-harvard-alvin-roth-freakonomics-ideas-opinions.html

The Fed's new monetary policy tool: Interest on reserves. This is a real nice discussion.

http://www.clevelandfed.org/research/commentary/2010/2010-4.cfm

Dan Henninger says we are at the Crossroads. Does the private sector exist to fund the public sector? Or do we want to compete?

http://online.wsj.com/article/SB10001424052748703940904575395263096865590.html?mod=WSJ_Opinion_LEADTop

Take your state dependency and....

http://www.realclearpolitics.com/articles/2010/07/26/not_a_state-broken_people_106463.html

The Muni Debt Bomb...and don't think it could not happen.

Thanks to Dr. Rothman for forwarding this...

http://www.city-journal.org/2010/20_3_muni-bonds.html

Solow vs. Prescott and the Real Business Cycle model. Who you got?

Ed Prescott deserved the Nobel prize for his work on the time inconsistency problem and central bank credibility. Lately he deserves a trip to the nut house as he continues to insist financial matters are "much ado about nothing" as I heard him say publically with my own ears. He says more nonsense of the same type here in point #3 (thanks Dr. Rothman). http://newmonetarism.blogspot.com/2010/07/sed-report.html

Here, Nobel laureate Robert Solow says what he thinks http://www.funnyeconomist.com/Solow.pdf Thanks to Arnold Kling, Greg Mankiw and Phil Rothman...

This is not good.....

http://www.chicagofed.org/digital_assets/publications/cfnai/2010/cfnai_july2010.pdf

Double Dip? I doubt it.

http://blogs.wsj.com/economics/2010/07/19/guest-contribution-double-dip-seven-reasons-why-not/?mod=djemRTE_t