Live, from the New York Times, it's Friday morning! Paul Krugman: PK gets the must-read of the day, with a column explaining why the coalition of central banks injecting $100 billion in liquidity into the system won't bail us out. As he argues, the crisis isn't in liquidity -- a mere rush on the banks that they need simply amass enough quick cash weather -- but in solvency. Some of the banks are so riddled with bad loans that they may be bust. "What’s going on in the markets," he writes, "isn’t an irrational panic. It’s a wholly rational panic." Sarah Murray: Trying to assess your food's carbon footprint by its mileage may seem like a good idea, but it's not nearly a telling enough metric to actually assure sustainability. Ships, for instance, are more carbon efficient than cars. And storing foods "wet" does much more to increase their carbon output -- due to increased cooking time once in your hands -- than shipping them from far-flung locales. Interesting piece. Steven Rinella: You know what's really environmentally friendly? Hunting. Eduardo Porter: Atheists are people too. Now watch as I try to disprove God and undermine Pascal's wager in 600 words! Safe to skip. Go read some Bertrand Russell instead.
