A couple of interesting links

- The Wall Street Journal highlights an unintended consequence of government meddling:

Thanks to the federal tax credit to buy high-mileage cars that was part of President Obama's stimulus plan, Uncle Sam is now paying Americans to buy that great necessity of modern life, the golf cart. The federal credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, and when it is combined with similar incentive plans in many states the tax credits can pay for nearly the entire cost of a golf cart.

... The IRS has also ruled that there's no limit to how many electric cars an individual can buy, so some enterprising profiteers are stocking up on multiple carts while the federal credit lasts, in order to resell them at a profit later.

- The Armchair Economist by Steve Landsburg is a wonderful introduction on applying economic principles to daily life. It was published a great many years ahead of the likes of Freakonomics, The Undercover Economist etc, and remains my favourite book of the bunch. Well, Landsburg finally has a blog; it's part of his new book launch, and hopefully it will run for a long time into the future.