Links

Transocean's Clear Leader

• Mark Perry makes the essential point that it is individuals and businesses, not countries, who trade with each other.

• A number of prominent economists argue that political uncertainty is slowing the economic recovery.

• Chris Edwards points out a Wall Street Journal article which highlights the power of capitalism. Nice contrast with, for example, the TSA.

• Speaking of which, John Stossel says it's time to privatize the beleaguered government agency. Federalization has gotten us nowhere.

• Richard Epstein has a simple message to governments for 2010: deregulation. I suspect it's a lot of wishful thinking.