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Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.

Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.

(via @newsweek, Newsweek’s Twitter feed)

2:42 pm | leave a comment
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This defines the modern political landscape:

I was flipping through the channels briefly this evening and caught Sean Hannity saying that if the Connecticut primary race had been held next Tuesday rather than yesterday, Lieberman probably would have won.

Just think, Joe Lieberman might not then have been blasting his constituents and the Democratic Party as well as Ned Lamont as appeasers of terrorism. Those words are going to be tough for Lieberman to walk back when he realizes he’s ticked off a good number of Dems and Independents who thought Lieberman was more judicious and thoughtful than his knee-jerk outbursts demonstrated.

But Hannity’s comment was actually useful.

Can Lieberman win without FEAR? Can Cheney and Rove win another election without FEAR?

Can Fox News stay in business without FEAR?

The answer is obviously no. And it’s not just limited to terrorism, but to science, religion, environmental policy, name it and the Republicans focus on the traditional tool of the marketer: Fear, Uncertainty, and Doubt.

Opposition to gay marriage is founded on some non-specific fear of the destruction of, well, something… society? “Values?” I’m not even sure. Opposition to environmental policy is founded on non-specific fears about jobs and the economy. Just talk about vague fears, scare people, and get them in line behind your banner of protection. Unfortunately, it’s false security, and I’m sure we’ll be talking about how our use of military power precipitated a decline of American power in the future.

12:24 pm | leave a comment

Wonder if Eugene Volokh ever apologized or expressed any regrets about this piece of shit he wrote for the National Review in the runup to the Iraq war. It was pieces like this by otherwise more intelligent people that stifled debate in this country. It was this type of hysterical speculation that made it nearly impossible to reason with so many war supporters. When logic fails, go with fear. Jackass.

And these are the guys that complain about law profs writing letters about legal issues. At least they’re sticking with the law, not venturing into weapons intelligence…

2:00 pm | leave a comment