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Daily Archive for November 18th, 2009

As opposed to using pricing mechanisms to achieve goals is no better illustrated than in this pathetic excuse for a law: “Power-hungry TVs will be banned from store shelves in California after state regulators Wednesday adopted a first-in-the-nation mandate to reduce electricity demand.” Let’s see …we want consumers to reduce electricity use, so rather than […]

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Bread Kills!

Some of my favorites: 3. In the 18th century, when virtually all bread was baked in the home, the average life expectancy was less than 50 years; infant mortality rates were unacceptably high; many women died in childbirth; and diseases such as typhoid, yellow fever, and influenza ravaged whole nations. 96.9% of all Communist sympathizers […]

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All Hail King Byrd

Didn’t we fight a war 200+ years ago to rid ourselves of this sort of thing? 56 years and 320 days in the Senate. Impressive. That probably also means he has stolen more money from Americans than anyone in the history of the Republic. I am sure he’ll be proud to have that on his […]

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Gruber and Dynarski report in a recent NBER Working Paper: The effect of vouchers on sorting between private and public schools depends upon the price elasticity of demand for private schooling. … We exploit a unique and previously undocumented source of variation in private school tuition to estimate this key parameter. A majority of Catholic […]

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