Homines libenter quod volunt credunt
Posted in Central Planning, Economic Illiteracy on Aug 5th, 2011
David Friedman chimes in since he had more patience than I did to go and actually look for some simple data: The study estimates that getting the average American to the recommended target of just one nutrient, potassium, would cost an additional $380 each year. Anyone who believes that should Google for “potassium supplement”—priced at […]
Posted in Environment on Aug 5th, 2011
From Vaclav Smil: The sun-drenched tropics, for example, turn out not to be that sunny. The fact is that most of coastal Nigeria and the Brazilian Amazon receives much less radiation annually than Georgia or Kansas, and nearly all densely populated regions of Southeast Asia, from China’s southernmost provinces to Sumatra and Kalimantan, have annual […]
Posted in Fun Facts on Aug 5th, 2011
How’s this for a howler. Government K12 schools spend about twice per student per year than the average American health care expenditures.
Posted in Taxation on Aug 5th, 2011
Eliminate all deductions and credits from the income tax, and move to a broad based, three rate structure. Eliminate the payroll tax on all wages below the top income Obamacare declares is eligible for subsidized insurance, and extend the payroll tax throughout the entire income range. Eliminate all capital gains taxes, estate taxes and corporate […]
