Bob Tollison is saying, "I told y'all so!"

Angus and I had a great friend, Robert Tollison, who died last year.

An article of faith for Bob, a core of his belief system, was that Dean Smith had somehow managed to corrupt and coopt the NCAA, and all basketball functionaries.  That is, it's not just that Dean and the UNC administration cheated. They had become the secret rulers of the whole process.

As you may know, there has been a scandal at UNC for the past five years or so.  Classes that didn't meet, had no requirements, and had papers written by TAs.

Thursday, the NCAA decided that there was nothing to be done. No sanctions, no punishment for basketball.   This is quite a surprise. It would NOT have surprised Bob.

Bob:  get a celestial bourbon and Diet Coke, and enjoy your vindication.

Markets in Everything: Relative Prices of Worship Edition

In Cambodia, people are converting to Christianity.  Because the relative price of worship is much less.  In fact, if you are Catholic, they actually GIVE you a sip of bad wine and a stale cracker to munch on.  You don't have to sacrifice your buffalo.

Phone call for Bob Tollison...