by Henry Oliner | Aug 31, 2012 | Economics
… the average American family in 1875 spent 74 percent of its income on food, clothing, and shelter; compare to a mere 13 percent spent in 1995. … a three-minute phone call across the United States in 1950 cost ninety hours of common labor. By 1999 the costs had...
by Henry Oliner | Aug 31, 2012 | Politics
In short, our top pundits, our political elites, our very president all believe that they can blast the unfairness of high capitalism while doing everything in their power to enjoy its dividends — and demand an ethical standard from others that they habitually do not...
by Henry Oliner | Aug 29, 2012 | Politics
from AEI Ideas, Cronyism is just as threatening to free enterprise as big government, by Arthur Brooks and Daniel Rothschild | August 29, 2012 excerpt Statism and cronyism are fundamentally about the same things: Letting political power allocate economic resources...
by Henry Oliner | Aug 27, 2012 | Politics
Dateline 8/27/12 The polls show a close race and Intrade shows Obama with a 55.8% chance of victory as of 8:23 AM. This is down from 59% before the Ryan nomination and down from around 70% during the circular firing squad that was the Republican nominating process. ...
by Henry Oliner | Aug 24, 2012 | Uncategorized