Politics
« Previous EntriesAnother Piece of Drivel from Alan Blinder
Thursday, April 26th, 2012It’s been awhile since I have posted something controversial. This one is an opinion piece by Alan Blinder regarding the Supreme Court and the health care law. Whether you are for or against the health care law, Alan Blinder misses the point of the Supreme Court, which is to decide whether or not something is [...]
Is the “Increasing Income Gap” a Myth?
Wednesday, March 14th, 2012I read an interesting piece yesterday about the supposedly increasing income gap. Yes, I said “supposedly.” Now, before you dismiss this post, I urge you to read this short piece. The author makes an interesting case as to why the gap is not increasing like some politicians would have us believe. From the article: Data [...]
Great Piece by Arthur Brooks
Wednesday, February 29th, 2012The expanding welfare state exists, in no small part, to shove marshmallows into our collective mouth. The government expunges sacrifice, smooths the risk out of our economic lives, and protects us from the consequences of our actions. It is aggressively moving us away from the national entrepreneurial ethos, teaching dependency and changing our relationship to [...]
Interesting Presentation on the Fall of Rome
Sunday, February 26th, 2012This is long but interesting.
The Economist on the Dodd-Frank Act
Saturday, February 18th, 2012Opening paragraph of Too Big Not to Fail in this week’s Economist: SECTIONS 404 and 406 of the Dodd-Frank law of July 2010 add up to just a couple of pages. On October 31st last year two of the agencies overseeing America’s financial system turned those few pages into a form to be filled out [...]
More on the Romney Income Tax Debate
Tuesday, January 24th, 2012I read a couple of follow-up stories/opinion pieces on Mitt Romney’s tax bill. The first one, Romney and the Burden of Double Taxation, echoes the point I made last week about dividends being taxed at the corporate level before they paid to investors. The tax rate on investors is unfair, but for the opposite reason. [...]
Why Romney’s Tax Rate is Higher Than the Reported 15%
Wednesday, January 18th, 2012I’m sure news of Mitt Romney’s 15% income tax rate will draw the ire of his opponents. From a WSJ article on the matter (linked to above): Government figures show that Mr. Romney’s tax bill is roughly in line with the rate paid by many higher-income households—most of whom receive investment income and dividends that [...]
« Previous Entries