Feed on
Posts
Comments

Category Archive for 'Central Planning'

Halfway to the CAFE

It would be lovely if, when we passed certain rules and regulations, we had procedures in place to review their performance and effectiveness. Today, we sit at the halfway point between the issuance of new CAFE standards as part of the 2009 “Stimulus” package, and the year 2025, the target date for new vehicle fuel […]

Read Full Post »

I was in the midst of my high school formative years when a couple of watershed moments in world history happened, and these had fantastically powerful and lasting impacts on me. I grew up in New York City during the Cold War, and there were nuclear fallout shelters in our little Catholic school, and the […]

Read Full Post »

It is well understood that the incidence of defaults on college debt is higher on people with smaller loans outstanding. These are marginally attached students to begin with. Remember that 40% of students who start college do not finish. Yet, contrast this with where the “noise” is coming from on “free college” and the “college loan crisis.” […]

Read Full Post »

See this gate? … Well, every night trucks stacked with bodies came back here and dumped them in a heap. They’d already been shot in the back of the head – you bleed less that way … They stacked the bodies in old wooden ammunition crates. The workers stoked up the underground ovens – right […]

Read Full Post »

I am a big fan of harp-guitar players and one of my favorites is Stephen Bennett. Here is one of my favorites from him, entitled Merry Christmas Mr. Gorbachev. It’s a happy sounding song, as it should be. I imagine he wrote it as a reference to the (in)famous Christmas night in 1991 when Soviet […]

Read Full Post »

Via Coyote without comment.  

Read Full Post »

Today I reprint a slightly edited piece I put together several years ago. I’d change a lot of it, from the content to the tone, if I were to do it over – but one must live with one’s younger self. Happy Thanksgiving to all. Four centuries after the celebration of the first Thanksgiving, there […]

Read Full Post »

Hamilton in Federalist 68: The process of election affords a moral certainty, that the office of President will never fall to the lot of any man who is not in an eminent degree endowed with the requisite qualifications. Talents for low intrigue, and the little arts of popularity, may alone suffice to elevate a man […]

Read Full Post »

I’ve spent most of my “academic” time the past two summers studying and writing on the economics of climate change. It has become quite clear to me that were we to line up the honest economic and environmental experts and received their honest assessments about what the worst case scenarios look like, and where the […]

Read Full Post »

In Nordhaus’s Climate Casino (recommended), in describing the problem when market prices do not fully capture all resource costs: However, the unregulated invisible hand sets the prices incorrectly when there are important externalities. Therefore, governments must step in and regulate or tax activities with significant harmful externalities. Global warming is no different than other externalities; it requires […]

Read Full Post »

Older Posts »