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Category Archive for 'Politics'

The federal government collected $350 billion from corporations in corporate income taxes last year. Economists have long understood and explain that the US federal (and state) corporate income tax rates are at the same time both too high and too low. Why do we say this? Well, the tax rate is, at the margin, very […]

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The “left” sees the last 34 years as a revival (was there ever a VIVAL?) of laissez-faire dogmatism. Some folks like myself see it as almost the diametric opposite. Of course, some of this could be “settled” by empirical evidence. The number of pages of regulations? The dollars spent complying with regulations? The number of […]

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Readers should be on alert, this is me confirming my biases. I am sure, too, that this research is only the case in Eastern Europe, never could imagine the same result holding here in the good ol’ U.S.S. of A.  I found this interesting in light of last Friday’s post. School, what is it good […]

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Last week, former CEA Chair and current Harvard economist Greg Mankiw points us to yet another rhetorical flourish by the Commander in Speech: The CEA Fact Checkers Miss One In his speech yesterday, President Obama said, Now, we all know the arguments that have been used against a higher minimum wage. Some say it actually hurts low-wage […]

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When the objective historians go write down the legacy of this President, they are not going to talk about health reform (even if the ACA failed, it does capture the fact, and I think it is a fact, that reform is needed – I happen to think it lies in the deregulatory side coupled with […]

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Gosh I hate being a retired blogger. Without being pulled too far into a semantic swamp, let me assure our readers that the only way for the US Government to default formally (ignore that inflation might be considered a regularly occurring default by some) in two days is for the US Government to WANT to […]

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Remember, I am a retired blogger, so this is way shorter than it deserves to be. Regardless of your political affiliation, there is one aspect of the Obama Presidency that should be of enormous concern to all of us? What is that? It is the President’s leadership on issues of race, class and poverty in […]

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Well here we are again. Nothing seems to bring Team Reebok and Team Nike together like a little death inflicted on some foreigners. Now, this is beyond my credentials, but help me understand this. The Syrian regime can kill as many of its people as it wishes by all kinds of means – like shooting […]

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No Brainer Indeed

In this month’s edition of Popular Science in an opinion piece titled “No Brainer” we are treated to: If the government wants to fund a grand national effort, it should attack problems whose solutions are bad for business. For instance, let’s cure cancer. The biomedical industry treats cancer with drugs, surgery, and other high budget […]

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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 […]

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