Monthly Archives: April 2012

Archive of posts published in the specified Month

Crackpots and Visionaries

In The American,  Lee Harris writes Science and the Republican Brain,  4/30/12. Excerpts: This is certainly tempting, but there is a serious problem with classifying all crackpots as anti-science. More than once in the history of science, the crackpot of…

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The College Bubble

Jeff Jacoby writes The College Money Pit for the Boston Globe, 4/29/12. Excerpt: Year in, year out, Washington bestows tuition aid on students and their families. Year in, year out, the cost of tuition surges, galloping well ahead of inflation.…

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Don’t Try to Be Great

Charles Wheelan write a worthy piece in the Wall Street Journal, 10 Things Your Commencement Speaker Won’t Tell You. My three favorite: Don’t make the world worse. I know that I’m supposed to tell you to aspire to great things. But…

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Accidental Social Justice

John Tomasi wrote Free Market Fairness in an attempt to find common ground between the classic liberals that created the basis of capitalism and the ‘high’ liberals (liberals as we commonly think of them today) that place a higher emphasis…

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The Illusion of Expertise

In Thinking, Fast and Slow author Daniel Kahneman wrote of a study conducted by psychologist Philip Tetlock at the University if Pennsylvania (my alma mater).  Tetlock asked 284 people who made their living commenting or advising on political and economic…

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Preparing for the Next Crisis

Nicole Gelinas writes in Investor’s Business Daily The Four Lessons Of Dodd-Frank We Need To Learn 3/26/12. Excerpt: Regulators should require financial firms — banks or not — to hold a consistent amount of capital behind their investments. It’s not…

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Oil and Onions

In Carpe Diem ( a daily read for me) economics professor and blogger Mark Perry writes What Can Onions Teach Us About Oil Speculators?. 4/22/12 The two critical points made by Perry Futures trading in onions was banned in in…

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A Piece of the Truth

The Grumpy Economist writes How to Lie With Statistics,  4/20/12. John Cochrane takes to task the methods and conclusions of Emmanuel Saez and Thomas Piketty, that are commonly used to justify higher taxes on the wealthy.  Saez and Piketty were…

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Ignoring the Obvious

Art Laffer and Stephen Moore write in the Wall Street Journal, 4/21/12, A 50-State Tax Lesson for the President. Excerpts: Over the past decade, states without an income tax have seen 58% higher population growth than the national average, and…

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The First Lesson of Politics

John Hawkins lists The 25 Best Quotes from Thomas Sowell in Townhall.com, 4/20/12 Here are my favorites within his list: “There are no solutions; there are only trade-offs.” “Weighing benefits against costs is the way most people make decisions — and…

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A New Freedom

Tyler Durden quotes Hayek at Zerohedge,  1/28/12, F.A. Hayek On “The Great Utopia” To allay these suspicions and to harness to its cart the strongest of all political motives—the craving for freedom — socialists began increasingly to make use of…

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Oil Supply Misinformation

Larry Kudlow writes King Dollar Will Cut Oil Prices in Townhall.  While he writes about higher oil prices actaully being a mere reflection of a weaker dollar, he also notes how we are falling prey to bad information that is both believed…

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A Genuine Conflict of Values

Paul Slovic probably knows more about the peculiarities of human judgment of risk than any other individual.  His work offers a picture of Mr. and Ms. Citizen that is far from flattering: guided by emotion rather than by reason, easily…

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Will the Fairness Ruse Backfire?

I confess that the incomes of the super rich is astounding.  By super rich I mean those with consistent salaries and incomes above $5,000,000 per year and liquid assets of at least $50,000,000.  My blog- my definition. It is easy…

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Logic vs Partisanship

As much as we could wish otherwise the courts do often seem to vote in a political manner.  The president’s power to appoint justices for life has impact far beyond his term in office. The SCOTUS review of Obama Care…

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Saints and Demons

When I hear what passes for political thought in the media I wonder who these people are talking to.  Do you really think that there is a war on women in this country?  Do you really think that racism is…

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Titanic Regulation

Chris Berg writes an interesting perspective on the anniversary of the sinking of the Titanic in The Real Reason for the Tragedy of the Titanic, The Wall Street Journal, 4/12/12. Excerpt: In the Board of Trade’s post-accident inquiry, Carlisle was…

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The King Solomon of Fairness

Brian Gaines and Douglas Rivers write in the Wall Street Journal 4/10/12, What’s a ‘Fair’ Tax for the Mega Millionaires? Excerpt: It turns out that most Americans do not think that 35% or anything close is a fair tax rate,…

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The Blogging Revolution

April marks my fifth year blogging, with over 2,000 postings. When I started I had no idea where this was going.  It provided an outlet for writing and thinking and it became a public notebook of my thinking and reading.…

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