Monthly Archives: October 2015

Archive of posts published in the specified Month

Separate the Tax Code and The Subsidy Code

From John Cochrane at The Grumpy Economist, Economic Growth This is part of a 10,000 word essay that is worth every second of the time it takes to read. The central goal of a growth-oriented tax system is to raise…

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The Government of the 1%

Carly Fiorina schools Hillary on the economy in Hillary Clinton Flunks Economics in The Wall Street Journal: People at the top seem to be doing just fine under the policies she extols. As this newspaper reported last year, in the period…

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QE Distortions

From The Wall Street Journal, The Fed Has Hurt Business Investment by Michael Spence and Kevin Warsh; During the past five years earnings of the S&P 500 have grown about 6.9% annually. As the table nearby shows the current profit…

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Weeding the Economy

Economist John Cochrane wrote a 10,000 word essay, Economic Growth.  Scott Grannis blogged some excerpts here:  a few of them: Our economy is like a garden, but the garden is choked with weeds. Rather than look for some great new…

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Where Did the Middle Class Go?

From Carpe Diem Monday Night Links   Looking at household income instead of average wages, the chart above paints a much different picture of an America with rising incomes for many American households and lots of upward income mobility, using recently updated…

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Reading 2015 10 26

A Global Chill in Commodity Demand Hits America’s Heartland Uniting Behind the Divisive ‘Cadillac’ Tax on Health Plans How Salad Can Make Us Fat When God Goes Away, Superstition Takes His Place Take a Bow, Species Democracy vs. Republic

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Is Economics an Art?

Is economics more of an art more than a science? The social sciences only claim to be a science because of the method of analysis.  Economic analysis has to consider history, psychology, sociology, and geography.  Data is useful, but one…

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The Anti-Math Party

from Mona Charen at National Review, How Bernie Sanders Became the Conscience of the Democratic Party No problem, the self-described socialist counters, he will raise the money by taxing the “greedy one percent.” The problem is — arithmetic. The top one…

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The New Deal has Become the Old Deal

From National Review and  Jonah Goldberg, For the Left, It’s Always Time for a New New Deal You can explain all day how the New Deal prolonged the Great Depression and they won’t care. They’re like our new canine visitor Pippa,…

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Tinkering with Science

From The Wall Street Journal, Matt Ridley, The Myth of Basic Science Innovation is a mysteriously difficult thing to dictate. Technology seems to change by a sort of inexorable, evolutionary progress, which we probably cannot stop—or speed up much either.…

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Inert Blocks of Wood

From Thomas Sowell at National Review, What Democrats Mean by ‘Paying Your Fair Share’ Whether in politics or in the media, words are increasingly used, not to convey facts or even allegations of facts, but simply to arouse emotions. Undefined…

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Reading 2015 10 23

The Only Global Warming Chart You Need from Now On How to Build a Digital Elephant: The GOP’s Biggest Obstacle in 2016 Rebranding Socialism Cancer Treatment Breakthrough: Researchers Engineer A Way To Make Leukemia Cells Kill Each Other What Democrats…

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Mobility vs Welfare

from the Wall Street Journal, Economist Raj Chetty’s Proposals on Inequality Draw Interest on Both Sides of the Political Aisle: By analyzing tax records of families in 741 geographic districts, he pinpoints hotbeds of opportunity. Poorer children in Salt Lake…

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Reading 2015 10 21

Everyday Americans: Hillary Clinton’s Campaign Bankrolled by Corporate Law Firms, Lobbyists, Wall Street Banks, Ivy League Stiffs More CEOs donate to Clinton than to any GOP candidate

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Blumenthal Clinton Connections

From Jonah Goldberg at National Review, Hillary Clinton’s Enabler-in-Chief The journalist turned Clinton White House courtier is in the news because he shows up in Clinton’s e-mails — a lot. (Roughly a third of the last e-mail dump contains e-mail…

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Inequality Myths

From National Review and Michael Tanner, The Democrats’ Class Warfare excerpt And now we have a new study from the Brookings Institution. Yes, the liberal Brookings Institution. Authored by former Obama economic adviser Peter Orszag and others, the study concludes…

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Qualitative Liberalism

From Never Enough by William Voegeli “The broader social problem was that the alleviation of poverty, whether from government programs or the advance of capitalism, had liberated people to pursue private goals, which, though not necessarily antisocial, were apt to be asocial…

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How FDR Deformed Liberalism

From Never Enough by William Voegeli “According to Sidney Milkis, “FDR’s deft reinterpretation of the American constitutional tradition” gave “legitimacy to progressive principles by embedding them in the language of constitutionalism and interpreting them as an expansion rather than a subversion of…

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