Random stuff

I've been having some frustrating economics-related discussions with some of my friends, both from U Chicago and from before. I take this frustration on my part as a bad sign, it means that my own thinking isn't clear enough to explain things in sufficiently simple language. Gary Becker puts it well -- economics is both really easy and really hard at the same time. When things get cheaper, people buy more, and when they get more expensive, people buy less sums up about 50% of it. I stumbled upon this great Becker interview again and thought I would link to it.

On an unrelated note, an old school chum has these comments on this site. Read his comments first (funny).