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Daily Archive for April 12th, 2010

Richard Trumka, head of the AFL-CIO (yes, that financial regulatory body) argues that venture capitalists and hedge funds ought to be regulated because a good number of firms they take over end up bankrupt. Extra credit to anyone who wishes to analyze what he says. Here’s one hint – maybe, perhaps maybe, these firms were […]

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And the spending orgy continues … at least the prior orgies were funding American profligacy … What could be more outrageous than the hefty subsidies the U.S. government lavishes on rich American cotton farmers? How about the hefty subsidies the U.S. government is about to start lavishing on rich Brazilian cotton farmers? (See the top […]

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Economists have to thank the “Progressives” of the world for their existence. Their 100+ years of policy follies have provided us with example after example to use in our economics courses. But I want to offer up the Progressives the opportunity to put their money where their mouth is today. You see, they really only […]

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