Archive for June, 2010
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Friday, June 25th, 2010A little humor for your Friday:
Greg Mankiw on Whether or Not We Should Tax Sugary Drinks
Thursday, June 24th, 2010I read an interesting piece by Greg Mankiw on the subject of taxing sugary drinks. The reasons for taxing the drinks are: 1. raise tax revenues 2. curb the consumption of those drinks because they have an adverse impact on society Despite the topic, Mankiw’s piece is interesting, particularly about cigarettes: They [cigarettes] are among [...]
What Caused the Great Depression?
Wednesday, June 23rd, 2010Something interesting I read in Thomas Sowell’s The Housing Boom and Bust: Revised Edition* was about the Great Depression. I remember being taught that excessive borrowing (margin) used to purchase stocks formed a bubble. The bursting of that bubble and the closing of banks(1) caused the Great Depression and that Roosevelt’s New Deal (and World [...]
Quote of the Day (June 23, 2010)
Wednesday, June 23rd, 2010“Few things blind human beings to the actual consequences of what they are doing like a heady feeling of self-righteousness during a crusade to smite the wicked and rescue the downtrodden.” – Thomas Sowell Amen.
Interesting Thomas Sowell Article (WARNING: Political Post)
Tuesday, June 22nd, 2010Just where in the Constitution of the United States does it say that a president has the authority to extract vast sums of money from a private enterprise and distribute it as he sees fit to whomever he deems worthy of compensation? Nowhere. That’s a quote from this Thomas Sowell piece I read this morning. [...]
Announcing the Winner of “The Housing Boom and Bust” Giveaway…
Monday, June 21st, 2010The randomly-selected winner of Thomas Sowell’s “The Housing Boom and Bust” was commenter #13, Mike. Congrats to Mike. I’ll be offering another giveaway soon. Thanks for playing.
I’m Back…
Monday, June 21st, 2010Wow! Twelve days is a long time to be away from home. On this vacation we visited my hometown (3 days), then went to Kansas City for a wedding (1 day), then to St. Louis (3 days), and then to Branson (3 days), plus two full days of travel. We got back home Friday night. [...]
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