Sunday, 9 February 2014

Black markets

This is an equal opportunity blog.  Since I dissed David Olive's leftish musings in the Toronto Star a couple of pots ago, it's only fair that I do the same to a piece in today's National Post by none other than Conrad ("Lord") Black, he of no fixed citizenship.  Black has a well-deserved reputation as a fine (if somewhat florid) writer on history; today we learn why he doesn't say much about economics.

The difference between Olive's piece a couple of days ago and Black's today is this: with Olive, I could see the points he was trying to make and could attempt to refute them, whereas with Black, I have no idea what he's trying to say.  It's economics, Jim, but not as we know it.  The Post doesn't like people copying bits out of its articles to paste into blogs -- they ask you to obtain a license, with vague threats of consequences if you don't -- so I invite you to follow the link and read the article for yourself.  Just don't go leaving it around for impressionable young economists to read.  


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