Tim Taylor summarizes the data from the Center for Responsive Politics: Total spending for the 2014 Congressional races looks like it will come in at about $4 billion, quite similar to the amount spent in 2012 and 2010. In the context of a high-income country with a population of nearly 320 million, this is not […]
Category Archive for 'Corporatism'
The most regular question I get from students who actually care about their education is why we tend to see so much bad policy, particularly if it is widely understood that messing with (nonexternality) prices is such a bad idea and industrial planning is such a bad idea. I typically stumble saying something to the […]
In the news earlier this week was the release of the IPCC Synthesis Report. The newsworthiness of the release is rather hilarious given that it is simply a synthesis of reports that the IPCC has been releasing over the past year. This is a great boon to the news industry – since they get to […]
It turns out that Californians have successfully made their lives less comfortable by banning plastic bags. As you surely know this is yet another feel good policy that will accomplish almost nothing in the way of real environmental benefits. Now, I have no problem with people making poor choices especially with their own funds, and […]
Why? Because I am NOT an anti-science zealous denier. Here’s what I want those who also think they are steeped in sciency-goodness to do: (1) Explain the known health risks of drinking sugary beverages. This includes how much we know (and we know, I’ve read the “science”) about how much soda contributes to BMI, this […]
When most people think of “corporations” I am pretty sure they have in mind places like Exxon and Disney and Merck and the like. At the same time, when most people think of corporations they get somewhat of an icky feeling – either because of the bureaucratic corporate nonsense that they imagine when sitting in […]
Here is how much milk that the US Government recommends that you and your children consume every day: Aside from the fact that the US Government doesn’t exactly have a great history of getting the recommended daily allowances correct (go check out what was on the 1950s “choosemyplate” plate and compare it to what scientists know), […]
The Huffpo and the minimum wage cheerleaders have now gone off the deep end. If you simply SAY that someone “demolishes” a classic argument, does that make it so? And just look at how uber-sophisticated and intelligent that post is. WHAT classic argument? It’s not like anyone tells us. Is it the classic moral argument […]
US Congress prevents Norwegian Airline from flying in America. My favorite part: because of concerns the low-cost carrier will dodge international labor rules. That’s pretty darn laughable seeing as the Scandinavians are held out as the most socially just and fair countries on Earth. If not them, whom?
Posted in Central Planning, Corporatism, Economic Illiteracy, Economics Problems, Economists, Government Gone Wild, If I Really Hated the Poor ..., Transportation and Infrastructure, You Can't Have it Both Ways on May 7th, 2014
The emperor indeed has no clothes and it’s apparently a feature of the argument, not a bug: Barry Ritholtz: U.S. on Highway to Flunking Out, by Barry Ritholtz: Roads are crumbling, bridges are collapsing, and what was once considered one of the greatest achievements of any government anywhere has fallen into embarrassing disrepair. I am of course discussing our […]