Overview
This week, Eric, Dan, and Dylan discuss the collapse of Silicon Valley Bank and the actions of the federal government in response. How concerned should we be by the moral hazard problem of bailing out the depositors of the bank beyond the $250K that is insured by the FDIC? Does this expose how the Federal Reserve’s efforts to stifle inflation are riskier than many think? Next, they examine the report from the Department of Energy attributing, with “low confidence,” the outbreak of COVID-19 to a lab leak. What lessons should we take away from this about the perils of trying to determine in real time what is and is not misinformation, as the lab leak theory was labeled early on. And finally, Rod Dreher’s blog at The American Conservative is no more. Did Rod remain too long in an old world of blogging that no longer exists, to his detriment?
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The Second-Largest Bank Failure in U.S. History | The Morning Dispatch
'It’s a Wonderful Life' Bank Run
Lab Leak Most Likely Origin of Covid-19 Pandemic, Energy Department Now Says | Wall Street Journal
How Rod Dreher’s Blog Got a Little “Too Weird” for The American Conservative | Vanity Fair
Gary Shteyngart’s ‘Gentile Region’ | Rod Dreher, The American Conservative
How Rod Dreher Caused an International Scandal in Eastern Europe | The Bulwark
The Internet of Beefs | Venkatesh Rao, Ribbonfarm
Which political tweets do best? | Tyler Cowen, Marginal Revolution
Photo Credit: ASSOCIATED PRESS
