University of Chicago economist John Cochrane has written one of the most unique and insightful perspectives on inequality in his blog, The Grumpy Economist. Read Why and how we care about inequality in its entirety. It is about 6 pages long. excerpts:
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John Cochrane writes in the Wall Street Journal An Autopsy for the Keynesians Excerpts: Inequality was fashionable this year. But no government in the foreseeable future is going to enact punitive wealth taxes. Europe’s first stab at “austerity” tried big taxes
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from the Wall Street Journal, a remembrance of Henry Manne- A Champion of Law Informed by Economics: From “Bring Back the Hostile Takeover,” June 26, 2002: Since Enron, there has been an outbreak of regulatory fever in Washington: A tide of
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from John Mauldin at Mauldin Economics, Thoughts from the Frontline: But the Swiss, not being as smart as the Italians, do not believe in devaluations. You see, in Switzerland they have never believed in the ‘euthanasia of the rentier’,
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from Investor’s Business Daily, Is 2014 The Hottest Year Ever? Satellites Say No: ‘For the third time in a decade,” shouted the AP, “the globe sizzled to the hottest year on record, federal scientists announced Friday.” The Washington Post reported
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Amity Shlaes reviews “Government Against Itself: Public Union Power and Its Consequences” by Daniel DiSalvo in the Wall Street Journal: Excerpts: The facts: Public-sector unions are not underdogs. Since 2009, membership in unions such as the American Federation of State,
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from the Wall Street Journal editorials, Ruth R. Wisse writes Anti-Semitism Is Never Solely About The Jews: Excerpts: The PLO was founded in 1964—three years before the war launched by the Arab states from which Israel emerged in possession of some
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Like the Russian oligarchs, the moguls of turn- of- the- twentieth- century America have become so powerful because, unlike many firms in other industries, software giants such as Google, Facebook, Microsoft, and Oracle face still limited foreign or domestic competition.
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from Sultan Knish, The Importance of Blasphemy: Excerpts: As a deeply religious person, I have no fondness for blasphemy. My religion and its holy books are sacred to me. And I understand perfectly well why a Muslim would not relish
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from the Wall Street Journal editorials, Oil Export Myths: One liberal target is to prevent any easing in the 39-year-old ban on oil exports. The ban makes less sense each year as U.S. production increases, with the latest estimate at
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from the Washington Free Beacon, Europe’s Leading Rabbi: Jews Must Begin Carrying Guns The EU, which has enacted very stringent gun control laws, should empower and train Jews to be proficient with guns in order to maintain their safety, according
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Don Boudreaux notes Cafe Hayek his Quotation of the day an excerpt from H.L. Mencken’s collection, Minority Report: The chief difference between free capitalism and State socialism seems to be this: that under the former a man pursues his own advantage
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from Bloomberg, Is Uber Democratic or Republican? by Emily Greenhouse notes that Marco Rubio noted the impact that Uber has on the youth’s perception of regulation. The students in my class were genuinely intrigued by this innovative service and wondered
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from the Wall Street Journal editorials, Ruth R. Wisse writes Anti-Semitism Is Never Solely About The Jews: excerpts: If we mistakenly imagine that this is “about” the Jews, however, we fall into the trap that anti-Semitism sets for us by
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Robert Graboyes writes Why We Need to Liberate America’s Health Care Excerpts: Step into a time machine and travel back to 1989. Gather a group of people and tell them of the advances that medical science has made in 25 years
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From The Weekly Standard, Liars Remorse by Wiliam Voegeli Excerpt: The gullibility of the millions of Americans who have been helped by Obama-care, but can be led to believe it’s harmful, goes without saying. Such sentiments confirm that today’s Democrats
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from the Wall Street Journal, Shunning Obamacare by Andy Puzder excerpt: After two constitutionally dubious delays, ObamaCare’s employer mandate took effect on Jan. 1 for employers with 100 or more full-time employees. The last open-enrollment date for our company, CKE
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from Carpe Diem, Don Boudreaux’s ongoing, excellent coverage of the minimum wage issue And don’t forget: empirical studies today of the effects of changes today in the minimum wage are biased against finding negative employment results because many of the negative results of
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from 15 Statistics That Destroy Liberal Narratives by John Hawkins in Townhall: Less than 3 percent of the workforce earns the minimum; more than 60 percent of those who do earn it get a raise within a year; more than half of
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Robert Graboyes writes Why We Need to Liberate America’s Health Care Excerpts: Since World War II, the health care debate has been a struggle of left versus right. The left has tended to favor federal solutions, plus increased public provision
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