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 […]
Archives
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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.
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This is the gift that keeps on giving for blogging Bereans; Dr. Wheeler has ably commented in his post today on the minimum wage but no sooner did he publish it than I found a piece by Elizabeth Stocker making the “Christian” case for the minimum wage. Please read her article and provide your response […]
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Argument for focusing on Wealth Inequality evaporates. Will this stop Mr. Obama in his speech tomorrow?
27 Jan 2014
Mr. Obama continues to focus on wealth inequality as the causal force driving lack of opportunity, and is expected to push to some degree in his SOTU speech. As we discussed last month, Mr. Obama asserts this is “the defining challenge of our time.” Notice the reason this is so important: it is a difficult […]