1. The mortgage crisis seems to have been due to borrowers at ALL income levels expecting house prices to rise. Google the term “predatory borrowing” … not quite consistent with the prevailing narrative. 2. This paper may in fact be carefully done, but the result suggesting more government spending even when output multipliers are tiny […]
Category Archive for 'media'
Here, without my comments.
If the income and wealth of every single American were to double over the next decade in REAL terms, then in a decade, the amount of measured poverty would remain unchanged. You’d also very likely see no change in inequality according to the way most people talk about it, i.e. “the income share of the […]
I hope one day many of you will have the pleasure of visiting a college class. And not just any college class, but one in which students are about to hear good news about some particular topic. I mean it. Good news. Why do I wish for you to see this episode? Because if I […]
Posted in Central Planning, Economic Illiteracy, Government Gone Wild, If I Really Hated the Poor ..., incentives, media, Politics, Special Privilege, Transportation and Infrastructure on May 27th, 2013
Obese people have a hard time regulating their own behavior. If there is a bag of M&Ms lying around the house, rest assured they will take a handful each time they walk by. Obese people have low levels of energy. Though it is well known that regular exercise will improve health and energy levels, they […]
My new default position on gleaning information from marketing messages in the political realm is to put a negative sign in front of claims. The amount of ideology embedded in an organization is inversely proportion to its claims of “avoiding ideological junk.” The amount of partisanship is inversely proportional to how much non-partisan-ism it proclaims […]
Much hand wringing has been done in the past century about the “professionalization” of athletics on college campuses, how athletics is corrupting the academic mission of higher education and so forth. Indeed, many more programs compete in college athletics today than in the past and schools are still regularly making the jump to Division I […]
I posted an image a few days ago about the blue-green algae that is causing problems in many of the Finger Lakes waterways (and around the country). That piece was not intended merely to point out inconsistency, but also to have folks be clear about asking themselves the following question. “When I am concerned about […]
Here is but one reason I absolutely deplored living in Western Massachusetts. My parents live here so I have to show up every once in a while. But per usual when I was driving in RT7 near downtown on the old circle there were the usual people with signs. The signs were familiar this time: […]
I couldn't help but insert the pun. I am researching a little bit about popular environmental rhetoric and came across these doozies from the esteemed Robert Kennedy Jr.: By now Kennedy was fully warmed up. He asserted, without any evidence, that “the quality of life has diminished measurably in America. But people don’t know […]