P.J. O’Rourke, author of Eat The Rich, gives commencement advice worth giving:
1. Go out and make a bunch of money!
Here we are living in the world’s most prosperous country, surrounded by all the comforts, conveniences and security that money can provide. Yet no American political, intellectual or cultural leader ever […]
Archive for May, 2008
May13th2008
Comencement Advice Worth Giving
Published by in Academia, DayToDay, Economics and General. 2 CommentsMay12th2008
Greg Mankiw explains why the issue of the gas tax proposed by McCain and Billary matters:
This issue is like the canary in the coal mine: No one really cares about the canary, but its condition tells us about deeper problems that lie below.
Many economic issues (e.g., health care, corporate taxation, the trade deficit) are vastly […]
May9th2008
Canada’s Globe writes:
More than 100 Canadian women with high-risk pregnancies have been sent to United States hospitals over the past year – in what a doctors’ group attributes to the lack of a national birthing plan.
The problem has peaked, with British Columbia and Ontario each sending a record number of women to U.S. neonatal […]
May8th2008
No, I’m not talking about the unions bringing down what used to be the biggest company in the United States, GM, but about how unions harm our public education system:
A $13.2 million, five-year grant from the National Math and Science Initiative, designed to add new Advanced Placement teachers, courses and exams for thousands of Washington […]
May7th2008
The oracle of Omaha, in a recent Fortune Magazine article, comments:
Do you think the U.S. financial markets are losing their competitive edge? And what’s the right balance between confidence-inspiring standards and …
… between regulation and the Wild West? Well, I don’t think we’re losing our edge. I mean, there are costs to Sarbanes-Oxley, some of […]
May6th2008
“Politicians want lower gas and oil prices but don’t want more production to increase supply. They want oil “independence” but they’ve declared off limits most of the big sources of domestic oil that could replace foreign imports. They want Americans to use less oil to reduce greenhouse gases but they protest higher oil prices that […]
May2nd2008
The New York Times reports:
Senator Hillary Rodham Clinton lined up with Senator John McCain, the presumptive Republican nominee for president, in endorsing a plan to suspend the federal excise tax on gasoline, 18.4 cents a gallon, for the summer travel season. But Senator Barack Obama, Mrs. Clinton’s Democratic rival, spoke out firmly against the proposal, […]
May1st2008
Thomas Sowell explains:
Those who want the government to provide subsidies to help meet the high cost of college seem not to consider whether government subsidies might have contributed to the high cost of college in the first place.
In any kind of economic transaction, it seldom makes sense to charge prices so high that very few […]
