Guns, Roses, and The Wealth of Nations

When Obama said, "These days everybody thinks they're economists," he wasn't kidding:

Reason reports: "More Signs of the Apocalypse: Duff McKagan Now a Financial Columnist for Playboy; Won't Shout Poppycock in a Crowded Bar".

In a blog post on the Seattle Weekly site, McKagen talks about going back to business school. I haven't read anything by him so I'll hold my judgment, but it sounds like he might have learned something:

I do find how money works rather fascinating. Adam Smith, the main person looked at to be the founder of capitalism, was a simple but brilliant economist who had particular ideas on how a free market would take care of itself. The theory of every little niche being filled in the marketplace seems too 'free' to actually work...but it has for the most part over the last 240 years.

Maybe he just reads P.J. O'Rourke...