I've always thought this was a very nice song; I hope you're all opening your hearts to your loved ones this Christmas.
-Noah Smith explains how risky mortgages didn't cause the financial crisis. Mispriced risky mortgages caused the financial crisis.
-Andrew Potter has a neat piece on naive and cynical views on politics.
-"M.S." makes the case for cynicism, at least about the relationship between Congress and the public.
-Jonathan Bernstein, my favorite cynic, explains why term limits are a terrible idea.
-Jeffrey Simpson celebrates the 50th anniversary of medicare in Canada.
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