Legislation, the deliberate making of law, has justly been described as among all inventions of man the one fraught with the gravest consequences, more far-reaching in its effects even than fire and gun-powder. Unlike law itself, which has never been ‘invented’ in the same sense, the invention of legislation came relatively late in the history […]
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http://m.mlb.com/video/v3224106 Sorry I can’t get the video to embed directly, but please watch this first. Hank Aaron is a true American hero, for Americans of all races and classes. As Braves chairman Terry McGuirk said Aaron “set the home-run record the old-fashioned way” and added “You will always be the home run king of all […]
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The Supreme Court today released its opinion on a case limiting how many candidates could be supported by a wealthy individual. Prior to its ruling, campaign limits were such that Under the current limit, a donor can’t give more than $123,200 to candidates, parties and political action committees. Of that, just $48,600 can go directly […]
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I’ve been a bit under the weather lately (sick for over a week now–which is unusual for me). Of course I don’t like to go to the doctor–like most of us–but I didn’t think I had a doctor, since I’d recently received a letter from my insurance company letting me know my doctor was leaving […]
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Don’t tax me, Don’t tax thee, Tax the fellow behind the tree! Latest obfuscation on taxes by Krugman within
27 Mar 2014
Nobel Laureate Paul Krugman delights in stirring the pot, and he is not only a brilliant economist (legitimately so in the specialized area of international trade), but he is also very clever. He doesn’t out-and-out lie, but he gives tidbits of truth while deliberately ignoring other facts to lead a reader to his own biased […]
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Mr. Putin and economics. What next?
25 Mar 2014
Mr. Putin seems increasingly likely to get away with the effective annexation of Crimea, and many rightfully wonder what next? The rest of the Ukraine? The Baltic states? The U.S. has little appetite for military response, but can we more effectively counter the Russian bear? And should we? The first question is what should we […]
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Mr. Putin’s education of Mr. Obama
11 Mar 2014
The Obama Administration is aghast at Mr. Putin’s brazen entry into the Ukraine. As Secretary of State John Kerry says, this isn’t the way a world power behaves in the 21st Century. Doesn’t Mr. Putin recognize the realities of the world we live in? Yet the problem is not with Mr. Putin not recognizing the […]
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Minimum Wage Ad Hominem courtesy of the NYT
11 Feb 2014
The minimum wage continues to be pushed by those on the left as a way to confront income inequality. On the right, there are vigorous rebuttals, focusing mainly on both the theoretical and empirical case against price controls. The New York Times has come up with their spin on this, questioning the motives of those […]
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In a huge win for economic analysis triumphing over politics, the state department today released a report showing that the Keystone Pipeline will not increase environmental emissions of greenhouse gases over alternative production realities. This is a big blow to the environmental lobby as it makes it more difficult for Mr. Obama not to approve […]
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Just in time to support this weekend’s superhero activities, Russ Roberts and John Papola give us the Superhero anti-model. Don’t be a Super Crony! Unfortunately, these characters are all too real…and increasing in strength seemingly by the day.