Knowledge Problem

Two More Interesting Economics Bits

1. Public Choice: Politics Without Romance, an article by James Buchanan, the Nobel laureate public choice theorist, in Policy magazine.

2. A very cool post Umair Haque on double moral hazard, risk, and the recording industry. Link courtesy of Carnival of the Capitalists.

OK, now I’m going to go nurse my headache of disappointment with a cup of tea and a little Pride and Prejudice.