Carnival of the Capitalists is up over at my neighbor The Chicago Report. Although Mike, I’m your Chicago neighbor …
I especially recommend Michael Williams’s post on why natural resource depletion doomsayers get it wrong (here’s a hint: when prices go up, signaling scarcity, people use less and look for other ways to do things), and Arnold Williams’s post on how to interpret and critique economic models.
I’m hosting next week, so please send entries to capitalist-at-elhide-dot-com. Bring ’em on!