Fun Facts to Know and Tell: Unfunded Pension Edition
Posted in Central Planning, Disingenuous, Employment, Fun Facts, Government Gone Wild, Special Privilege, Taxation on Dec 4th, 2016
Via Coyote without comment.
Homines libenter quod volunt credunt
Posted in Central Planning, Disingenuous, Employment, Fun Facts, Government Gone Wild, Special Privilege, Taxation on Dec 4th, 2016
Via Coyote without comment.
Posted in Government Gone Wild on Nov 7th, 2016
The only way to get money out of politics is to get politics out of the money.
Posted in Corporatism, Government Gone Wild, Health Care on Aug 24th, 2015
One of the things that “anti-ACA” analysts worried about with the new law was that it would open the door to regulating all manner of areas of our lives that not even the staunchest supporters of the law ever intended or ever imagined it would lead to. Here is an episode confirming these concerns. After decades […]
Posted in Disingenuous, Government Gone Wild on Aug 18th, 2015
That headline is not intended to be sarcastic. It turns out that Dr. Hansen has recruited children to sue the federal government and its many agencies because it has permitted global warming to continue to threaten the future. Again, saying nothing about global warming, I think my readers should be me reminded that this sort […]
Posted in Central Planning, Government Gone Wild, Transportation and Infrastructure on Jul 21st, 2015
On p. 359 of Cadillac Desert: Another drawback was that the reservoir would drown an Indian Reservation and the town of Covelo — population two thousand — but that sort of thing had been done many times before. (The Corps had included the flooding of the reservation in its benefit-cost analysis, but had it down as […]
Posted in Central Planning, Government Gone Wild, Transportation and Infrastructure on Jul 21st, 2015
From another passage in Cadillac Desert (p 351, I updated the dollar figures to today), on a dud-project known as the Peripheral Canal: “the correct figure, for capital costs only and accepting official estimates, is certainly in excess of $3 billion.” Three billion dollars in 1959 is over $24 billion today. What state would vote for a […]
Posted in Central Planning, Corporatism, Disingenuous, Government Gone Wild, Taxation on Jun 1st, 2015
As a once-sensible economist I supported a “revenue neutral carbon tax” as one major prong of global warming strategy. The simple idea is that such a program would qualify as “No Regrets.” If CO2 turns out to be really bad, then the tax assures that we’ve properly considered those damages in our day to day […]
Posted in Corporatism, Economic Illiteracy, Government Gone Wild on May 24th, 2015
Among the many disasters that Prohibition wrought (and continues to bring in the form of the current Drug War) it seems it is largely responsible for wiretapping. This again from Last Call: When he was Attorney General (wintercow: Lord Jeff alum) Harlan Fiske Stone had declared that Justice Department personnel (including members of J. Edgar Hoover’s brand-new […]
Posted in Economic Illiteracy, Government Gone Wild, You Can't Have it Both Ways on Apr 16th, 2015
Our governor here in NY touts (righly, if I might say so) the benefits of the explosion of craft brewing in New York State. We have said time and time again that New York produces some of the best craft beverages anywhere, and this report backs up exactly why we are focusing on growing these […]
Posted in Economic Illiteracy, Government Gone Wild on Dec 11th, 2014
Here’s a piece of advice for reading the economic “news”: if you see a headline that says, “such and such will fall by $X,” you are safe to completely ignore it. Nowhere is up = down, left=right, blue=red than when it comes to economics reporting. Here is the latest: Federal spending is likely to fall $8 trillion […]