It is only a matter of time before some nitwit with access to a television camera stumbles onto a news show to announce how beneficial the present hurricane will be to the economies of Florida, Alabama, and other southeastern states. “Think of all the homes and businesses that will have to be rebuilt,” this ignoramus will advise. I propose the establishment of an award – akin to the “Darwin” and “Stella” awards – to give due recognition to the propagators of such economic ignorance. In honor of one man who did so much to deflate such skewed reasoning, I suggest … Continue reading An Economic Ignorance Award