The First Lady Michelle Obama is at it again. Reacting to her critics she has reiterated the necessity of food regulations for school lunch programs. Many schools and districts have complained about the rules, arguing that they are restrictive. Economists and policy analysts have also criticized the rules, designed to limit fat, calorie, sugar and […]
Archives
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First Lady Food Frenzy
27 May 2014
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The “Point One” Percent
01 May 2014
We are all collectively the “point one percent” now. That is, we live in an economy that measured ,1% (you read that right) growth in GDP in the first quarter of 2014. Are we in for a “double dip” recession–have we really emerged from the previous one, despite fine economic definitions (and let’s be clear, […]
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Rules, Rules for All
30 Apr 2014
Readers should check out this short article in Investors.com on United States regulatory costs (April 30, 2014). The article is entitled “U. S. Regulatory Costs are World’s No. 10 Economy.” As the title suggests, the total cost in one year to affected parties of all Federal regulations is larger than all but ten of the […]
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For the Umpteenth Time: Income Equality
20 Apr 2014
On Good Friday I was watching a “debate” between the conservative Roman Catholic Raymond Arroyo and the Christian Left activist Jim Wallis on the subject of income inequality and the pronouncements of Pope Francis on economics and justice. The Fox News host Bill O’Reilly began with quotes from one very far left writer, Bill Scheer, […]
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More Kudzu, I Mean Mission Creep
07 Apr 2014
Here in this article, http://watchdog.org/136244/federal-law-enforcement/, are some “classic” examples of Mission Creep in Federal agencies. Hard to believe? Maybe not.
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A Nice Discovery
04 Apr 2014
To take just a slight break from contemporary political and economic events and issues, I discovered a “new” book last night which I would recommend to all freedom-loving and responsible people. Actually, it was published first in 1873, with a second edition the following year. The author was the now obscure James Fitzjames Stephen, and […]
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Shot In the Foot?
24 Feb 2014
Free-trade between individuals and nations is the backbone of economic growth. The more trade we have and the wider the markets for that trade, the more we will be able to develop and utilize productivity enhancing technological changes that further spur the economic engine. An article in the February 22 edition of The Economist: “How […]
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Deficits, Debt and Political Strategy
14 Feb 2014
When Mr. Boehner announced his strategy Tuesday at a closed-door conference, no one objected, a senior House GOP aide said. He was halfway back to his seat when he said: “I got this monkey off your back and you’re not even going to applaud?” Lawmakers took the hint and gave him a round of applause. […]
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Olympic Preparation and Economic Freedom
12 Feb 2014
The 2014 Index of Economic Freedom published by the Heritage Foundation marks 20 anniversary of this important piece of economic analysis. The index measures economic freedom based on 10 quantitative and qualitative factors. More economic freedom correlates with better economic performance, less economic freedom correlates with poorer economic performance. The index calculates the relative economic […]
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Minumum Wage / Living Wage
03 Feb 2014
In a post last Friday, January 31 “Bad Economics & Bad Theology: the Christian case for the minimum wage“, Professor Haymond pointed us to an article in The Week entitled: “The Christian case for raising the minimum wage” by Elizabeth Stocker. While Prof. Haymond promises commentary on Stocker’s article, I wanted to make a short […]