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As I was writing that earlier post on Apple’s new MacBook, drooling over a product I want but absolutely do not need, I got a timely dose of reality. My Twitterific updated itself and showed me a long series of tweets from the folks at Blog Action Day, who were announcing progress on this today’s…

This is pretty remarkable–you’d think that Max Lucado, of all pastors, would offer an encouraging word, delivered with a smile, about the economic woes facing people today. But instead, he delivers nothing short of a lamentation. The message, essentially, is that God has always promised economic woes, and we’ve always been foolish to believe anything…

Sometimes the timing of these things is uncanny. I spent part of the weekend with my stomach in knots and my head in fits over the news about the economy. The macro-level questions about the near future of our national and global markets are just staggering to consider (I’ve found Jim Manzi particularly helpful in…

Barry Ritholtz observes that one way to look at the current economics crisis is as a five-year hiccup in our approach to lending.  Over the entire history of human finance, the underlying premise of all credit transactions — loans, mortgages, and all debt instrument — has been the borrower’s ability to repay. From 1 million…
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