- Oil prices are plummeting and futures market investors are laughing at OPEC threats of quantity cuts. Given that the governments of Venezuela, Iran, and Russia are hit rather hard by falling prices, I hope that it goes on for a bit longer.
- Here is a pretty good explanation on why oil prices jumped and then dropped so suddenly.
- Keynesian Economics Is Wrong. Dan Mitchell of the Cato Institute explains why. Thanks, Michelle Malkin.
- I really don’t like gas taxes. Jim Manzi criticizes gas taxes, but I like my argument a little better (even though it’s regarding a carbon tax as opposed to a gas tax, but the argument is basically the same).
- Buy David Post’s book. Network design is fun for the whole family!
- Bail out the universities! The University of Dayton, last I read, is charging nearly $40,000 a year for a student. I enjoyed my time there, but not enough to spend $40K a year on…
40k?!? That’s insane!
Comment by The Penguatroll — December 19, 2008 @ 3:29 pm
Including housing and meal plan, it’s about $37-38,000 a year, if I remember correctly. I could be wrong on that, though, as I heard it third-hand.
Comment by Kevin Feasel — December 19, 2008 @ 4:37 pm