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Monthly Archive for June, 2008

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Whither an Excess Profits Tax

What is the World’s Most Profitable Company? If you guessed Exxon-Mobil, you would, of course, be correct. But what if I asked you who was the second most profitable company? Is it:

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A Thousand Words

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Don Boudreaux sent a fantastic short letter to the USA Today: Re your editorial “One bright sign emerges in a gloomy housing market” (May 29) and the general dismay about falling real-estate prices and rising gasoline prices: What principle of economics suggests that markets are working well when the price of one asset (say, housing) [...]

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Food Prices, Empty Stomachs

More shameless self promotion. OK, if you wish to hear speak about it on KLOVE’s Closer Look program, you can listen here.

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