“It would be devastating to the egos of the intelligentsia to realize, much less admit, that businesses have done more to reduce poverty than all the intellectuals put together. Ultimately it is only wealth that can reduce poverty and most of the intelligentsia have no interest whatever in finding out what actions and policies increase […]
Archive for May, 2005
May24th2005
Do Immigrants Depress Wages? Assimilate?
Published by in Economics, General, Hispanics (Minority Issues) and Immigration. 1 CommentDavid Card, Professor of Economics at UC Berkeley writes:
This paper reviews the recent evidence on U.S. immigration, focusing on two key questions: (1) Does immigration reduce the labor market opportunities of less-skilled natives? (2) Have immigrants who arrived after the 1965 Immigration Reform Act successfully assimilated? Looking across major cities, differential immigrant inflows are strongly […]
May24th2005
“Is the typical American brainy enough to buy a well-diversifed stock-heavy index fund when young, and gradually move to lower-risk investments as he nears retirement? Probably not, though the history of index funds shows that many are.
But the important question is a different one: Is the typical American brainy enough to beat Social Security? The […]
May23rd2005
I’ve posted a smaller version of one of my book shelfs before, but I post it again with a couple more books added. I will post my second book shelf some time in the near future.
All of the books come highly recommended, from left to right,
Communism: A History by Harvard University professor Richard […]
May23rd2005
“The Democrats have unilaterally shattered one of the longest running traditions in parliamentary history worldwide. They are not to be rewarded with a deal. They must either stop or be stopped by a simple change of Senate procedure that would do nothing more than take a 200-year-old unwritten rule and make it written.
What the Democrats […]
May20th2005
The Death Penalty Revisited
Published by in (modern day) Liberalism, DeathPenalty and General. 1 CommentReaders of my blog are aware that I have problems with the death penalty. While I tend to disagree with it, I also tend to go back and forth on this issue. I don’t see it as clear cut as other issues, and so I try to read as much as I can on the […]
May20th2005
“And this [legislating through the courts]they[Democrats] have done with great success, legislating by judicial fiat everything from abortion to gay marriage to religion in the public square. They want to maintain that commanding height of the culture and are not about to let something like presidential prerogative and two centuries of Senate history stand in […]
May19th2005
Is NAFTA Good For Rural Mexico?
Published by in Economics, FreeTrade, General and Hispanics (Minority Issues). 4 CommentsProfessor of economics Tyler Cowen, in his book “Markets and Cultural Voices: Liberty vs. Power in the Lives of Mexican Amate Painters”, writes:
…institutions such as NAFTA are problematic for many of the indigenous groups in Mexico. While the economic case for free trade is a strong one, politics matters as well. The long-run […]
May19th2005
What is the difference between the Los Angeles Times and the New York Times? Apparently, it is consistency regarding the filibuster:
Today the NYT editorializes against elimination of the judicial filibuster. According to the Times’ editorialists, the filibuster and other modes of obstruction are “all part of the Senate’s time-honored deliberative role and of its protection […]
May19th2005
“The Newsweek magazine story falsely reporting desecration of the Koran by American military interrogators in Guantanamo, Cuba, where terror suspects are being held, is the fourth major false report printed or aired by a highly respected arm of the Anglo-American journalistic establishment in the past year… But when the same reporter who wrote the current […]
May19th2005
“Two hundred years of tradition have been radically and unilaterally changed by the minority. Why? The reason is obvious. Democrats have not had a very good run recently in the popularly elected branches. Since choosing the wrong side of the counterculture wars of the 1960s, they have won only three of the last 10 presidential […]
May18th2005
Professor of economics Alex Tabarrok, in his book “Changing The Guard” wrote:
After the Sept. 11 attacks, many people immediately assumed that more government was necessary and thus the Aviation Security Act, passed just two months after the attacks, federalized airport security. But on 9/11 airport security did not fail […]
