Yesterday President Obama announced he is not going to be hindered by lack of congressional action on Global Warming; he’ll use Executive Orders to implement his vision, since Mr. Obama avers that “We don’t have time for a meeting of the Flat Earth Society.” The WSJ has a nice editorial on this today, noting that […]
Archives
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Obamacare leading to Capitol Hill Exodus!
13 Jun 2013
Politico has the article today, which is sure to get major hits since its currently the lead Drudge Report article. Staffers and aides are being forced to transition into Obamacare in lieu of their existing health care benefits, yet if they retire now they can continue on their current plan. This is apparently a non-partisan […]
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Regulators run amok!
31 May 2013
Normally we focus on political economy issues on a broader scale, but today I’d like to take you down the path of a local example, as a microcosm of the problems of regulation. Recently we upgraded the paint in our building, as well as a number of other “clean up” type functions to remove eyesores. […]
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Wow–Mark Dever has blown me away today with his How to Survive a Cultural Crisis over at The Gospel Coalition. For those concerned over the cultural decay in the United States, this is absolutely a must read. The title of this blog post is just one of the gems within…
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There is a lot of discussion today and yesterday about Apple’s avoidance of the corporate income tax. As the WSJ reports on Senate Democrats investigation of Apple, Mr. Levin unveiled the results of his months-long investigation into Apple’s corporate taxes and accused the American business success of employing “alchemy” and “gimmickry” to lower its tax […]
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With public opinion polls low for Congress (independent of which party is in power) and support for the President seemingly at his base level, no real substantive work being done, and the only progress at all on our national debt is an approach that the President insisted on and now says is the worst way […]
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At least that is what this new report says. The government has more low-paying jobs than Wal-Mart and McDonalds combined. While one has to smile at the obvious inconsistency–President Obama wants to mandate increased wages on the private sector while in effect he has the most low-paid workers in the country–the presuppositions in the report […]
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Minimum Wage legislation, should we abolish it?
10 May 2013
This is subject of a recent debate featuring Libertarian’s Russ Roberts and Jim Dorn as well as Progressive’s Jared Bernstein and Karen Kornbluh. Unfortunately, the audience voted with Mr. Bernstein that we should keep the minimum wage. If you take the time to listen to the debate, you’ll find some rather startling admissions by […]
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PIMCO’s Bill Gross came out swinging today against European austerity today, this after reports that Reinhart and Rogoff’s well-regarded work on debt had some statistical errors on the danger of debt. So today Mr. Gross told the FT, “The U.K. and almost all of Europe have erred in terms of believing that austerity, fiscal austerity […]
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Concern over Global Warming is on the rise, while global temperature rise has abated. Why?
17 Apr 2013
Unfortunately I don’t have a good answer. But I think our understanding of political economy has to include a realization that there is often a disconnect between what we might consider the facts and what is reflected in public opinion and therefore turned into public policy. For example, why do so many Americans support an […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach