The Forgotten Depression . . . James Grant analyzes the depression of 1921 in his new book. The customer reviews themselves are worth a look.

No vaping! Because the children (2:00) . . . Big Tobacco is throwing a lot of money at efforts to ban vaping, because they’re all about public health, right? Right… Sounds like an episode of Bootleggers and Baptists to me.

Bitcoin NY style (3:00) . . . As if bitcoin regulations weren’t convoluted enough, the state of NY is trying hard to pile on more. We call that public service.

One for the ages . . . Kevin DeYoung revisits Secretariat’s 1973 Belmont Stakes victory (still the track record, by the way). This will give you chills. And it’s just a horse running.