Archive for February, 2008

Feb29th2008

Democrats Will Improve Our Image Abroad?

It looks like they are making the problem worse:
Candidates rebuked for attacks on Nafta
Mexico and Canada on Wednesday voiced concern about calls by Barack Obama and Hillary Clinton to renegotiate the North American Free Trade Agreement, as the Democratic presidential hopefuls compete to adopt the most sceptical stance towards free trade ahead of next […]

Feb28th2008

The Humble Obama

Noam Scheiber of The New Republic writes:
Despite Obama’s reputation for grandiose rhetoric and utopian hope-mongering, the Obamanauts aren’t radicals–far from it. They’re pragmatists–people who, when an existing paradigm clashes with reality, opt to tweak that paradigm rather than replace it wholesale. As Thaler puts it, “Physics with friction is not as beautiful. But you need […]

Feb27th2008

Revealed Preferences

The Washington Times writes:
RICHMOND — State lawmakers can rule out Virginian’s offering up more of their hard-earned money to fix the $1.4 billion budget shortfall Gov. Tim Kaine announced this week.
At least that is what a peek at the so-called “Tax Me More Fund” suggests.
Since its inception in 2002, the fund has collected a total […]

Feb26th2008

Do Incentives Matter In Public Schools?

Will vouchers help improve non-voucher schools as well? Opponents of vouchers say no, but a recent study says yes:
…we find that schools that received a grade of “F” in summer 2002 immediately improved the test scores of the next cohort of students, and that these test score improvements were not transitory, but rather remained in […]

Feb25th2008

Quote Of The Day

“Punishment has its origins in the demand for justice, and justice is demanded by angry, morally indignant men, men who are angry when someone else is robbed, raped, or murdered, men utterly unlike Camus’s Meursault. This anger is an expression of their caring, and the just society needs citizens who care for each other, and […]

Feb22nd2008

“Buy American” Is Alot Like Racism

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So argues University of Rochester Economics Professor Steven E. Landsburg. Do you agree or disagree? If you disagree, I’d be interested in knowing why.

Feb21st2008

The Record On Pork

And the difference the candidates make:
Sen. Hillary Rodham Clinton helped secure more than $340 million worth of home-state projects in last year’s spending bills, placing her among the top 10 Senate recipients of what are commonly known as earmarks, according to a new study by a nonpartisan budget watchdog group.
Working with her New York colleagues […]

Feb20th2008

Education Revolt In Watts

There is no area in more desperate need of school choice than the ghettos of the United States. With high levels of gangs, drugs, and crime, just basic security concerns are enough to push parents to seek alternative venues. Yet even in these dire circumstances, the teachers union continues to stand in the way of […]

Feb19th2008

Quote Of The Day

“The number of poor people who can’t afford food for their children is a lot smaller than it used to be — thanks to capitalism. Capitalism didn’t create malnutrition, it reduced it. The globalization of capitalism from 1950 to the present has increased annual average income in the world to $7,000 from $2,000. Contrary to […]

Feb15th2008

Quote Of The Day

“All of our present liberalish billionaire populists who critique capitalism and want higher taxes—Soros, Buffet, Gates, Trump, etc.—beat the system years ago, once railed against government intrusion into markets and competition, and now, billions later, feel themselves exempt. So in Carnegie fashion, they sense before the twilight it’s time for a little magnanimity, one that […]

Feb14th2008

Quote Of The Day

“The main constraint on prices in Europe is that the buyers have monopsony power. Changing what America pays will not alter the demand side of the equation. European governments might realizing that they have been free riding on our drug payments, and decide to raise the prices that they pay in order to support more […]

Feb13th2008

Quote Of The Day

“But there seems to be little political pressure for such reforms. The costs of the social disorders that afflict poor blacks are incurred mainly by poor blacks themselves, and poor blacks do not vote very much. Moreover, blacks support the Democratic Party so overwhelmingly that Democrat politicians have little incentive to expend their necessarily limited […]

Feb12th2008

Quote Of The Day

“There was very little civil rights law before Title VII; nevertheless the black-white income differential narrowed more rapidly in that benighted era than it has since. It is possible that antidiscrimination laws do not benefit their intended beneficiaries, because they give the beneficiaries a sense of entitlement and victimhood, foster tokenism, increase employers’ costs, cast […]

Feb11th2008

Why The Slowing Of Black Progress?

Gary Becker’s answer:
Why did the progress of blacks stop well short of achieving full equality with whites, and is the slowdown during the past 20 years in black progress only temporary, or is it an indication of what the racial situation will be during the next few decades? The sharp slowdown is surprising mainly because […]

Feb8th2008

Who Is More Electable…Obama or Clinton?

Gerry Vázquez asks an important question, “Is Obama really bulletproof against the rightwing smear machine? And is Hillary Clinton really as easy to take down as the rightwing radio screechers suggest?”
Democrats are likely to win the presidency in November for two reasons: Independents going Democrat and Republicans staying home.
Hillary Clinton, to a much greater degree […]

Feb8th2008

Quote Of The Day

“Why the Latino support for Hillary? Much of the Hispanic community casts votes quite traditional of immigrants. The memory of who has been good to them stretches back far and lives vividly in their minds. Bill Clinton’s unflinching support for NAFTA, jamming it through Congress despite his party’s opposition, and his prompt action in bailing […]