Tag Archive for Schumer

The Fatal Conceit of Chaz Schumer

Let’s set aside for a moment the debate over Keynesian economic stimuli for a moment and assume that they work. How can Chuckie possibly know the ‘correct’ size of the stimulus?! [See the concepts of F.A. Hayek’s economic calculation problem…

Cretin or Crook?: Chaz Schumer on Oil Speculation

These people are real gems. Thanks, Chuckie. Also see these related posts ‘Walter Williams on speculation‘ and ‘Why Rivals Don’t Copy Southwest’s Fuel Hedging‘. Dubai’s Favorite Senators – WSJ.com: “The first refuge of a politician panicked by rising prices is…