Tag: Politics
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Greg Mankiw’s Work Incentives
Greg Mankiw’s new post on his personal work incentives is required reading for anyone who wants to discuss taxes in this election cycle. The idea is simple: our tax system uses marginal rates, meaning one rate applies to the first dollar earned and different rates kick in at different thresholds. (That is, unless you’re so…
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Skipping Down the Garden Path
I offer a final thought for the evening. Last night, a dear friend and I were discussing the state of the world and the nation, particularly with reference to some of the more extreme economic proposals made by politicians and pundits of varying degrees of skill. My friend is one of the most intelligent, well-educated,…
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Not Everyone Should Own a Home
Not Everyone Should Own a Home. Amen. What the Australians, the Europeans, and those who actually have to make their living in banking all get is that many, many people lack the means and others the responsibility to own their own homes. What was lacking in the run-up to the current bubble was not regulation.…
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Two Americas? Or Two Visions of America?
Mona Charen has a fantastic and fascinating take on Michelle Obama’s Fearful Vision on National Review Online. Read all the way to the end; it’s a great demonstration of one of the ways this country so often rises above those who would destroy it.
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The Death of OPEC?
I sure hope so. America’s dependency on foreign oil will be much more easily reduced if we’re not fighting off a cartel. Three cheers for the Saudis and capitalism. Source: The death of OPEC.