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Trash-Talking Economists

Thomas Carlyle called economics “the dismal science.” Journalist A. J. Liebling called boxing “the sweet science.” To read the Internet lately you’d think they got the two professions mixed up. Economics is becoming a battle royale, a free-for-all. It’s a melee where...

The "Truman Show" Economy

A Northern Ireland county made news this week when it literally created a false front of prosperity for dignitaries in town for the G8 conference. The Irish Times reports that County Fermanagh spent roughly £300,000 ($456,000 at today’s exchange rates) to conceal the...

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