Infinite Regress - Friday links, in loving solidarity (opens in new tab)

Scott Sumner: Too good to be true. Sumner has a PhD in economics and a storied academic career but you don’t need either to confirm his observation that Congress punishes savers and rewards spendthrifts. And in that they are merely following the current animal spirits of the country: behold credit scores plummeting when you pay off your mortgage. Cui bono? Joan Westenberg: The “Passive Income” trap ate a generation of entrepreneurs. Certainly not the poor shmucks setting up yet another Amazon...