Economics
American Institute for Economic Research
A site I returned to often during this period. AIER
Economics
Economics
Random Answers to a Random Huff Post Editorial
My point-by-point reply to an editorial on progressive taxation and the 1%. The world is not static; the playing field will never be perfectly level, and the makeup of the 1% is always in flux, much like a star athlete's career. Gates, Jobs, Brin were not in the
Economics
What the Whole World Wants Is a Good Job
An extended passage from Jim Clifton's The Coming Jobs War. His claim, drawn from years of Gallup data, is that the single most dominant thought on most people's minds is having a good job — and that this should be considered in every policy, every law, every
Economics
Even NPR Is Getting a Reality Check
This writer has nailed it: personal responsibility is everything, and no one can manufacture an economy or a job. The piece
Economics
Chinese 'Friends' and a Comment on Solyndra
Written in reply to a friend bemoaning the move of a GE division to China. By moving manufacturing there, we get a temporary business bump for some US companies — but we share our technology with an economic competitor. They will copy everything and then produce more cheaply and sell to
Economics
Government Finances
I don't get why government thinks itself above financial reality. In a business, if revenue falls, spending falls — and then you plan to raise revenue again through productivity, new products, and rationalized expenditures. Governments instead seem to think they have a God-given right to exist: as revenue falls,
Economics
On Paying in Full as the Ticket Into Colleges
A reply to a news story about wealthy applicants paying full freight to get into college. Why is this news? College is expensive — always has been, always will be. Just because the economic adolescents had a run while they spent down the accumulated wealth of the real producers doesn'
Economics
Milton Friedman Teaches Phil Donahue Economics
A second clip from the same Friedman–Donahue conversation.
Economics
Milton Friedman Explains Capitalism to Phil Donahue
A video share of the well-known exchange in which Friedman presses Donahue on greed and the market. Friedman & Donahue (Vimeo)
Economics
Other People's Money
A short post. (The original entry had no body text beyond the title.)
Economics
This Guy Is Great — Carpe Diem
A pointer to Mark Perry's Carpe Diem economics blog. Carpe Diem
Economics
Tax the Rich?
Does anyone understand that, as individuals, we live to a degree in a zero-sum game? If the rich are rich because they own businesses (setting aside inherited wealth), and you tax them, what do you expect to happen? As a businessman, I'll try to compensate: raise prices, lay