Scott Sumners, a professor of economics at Bentley University, in one of his lengthy posts, made this parenthetical statement:
[BTW, Bill Gates essentially taxed middle class consumers all over the developed world, and is giving almost all of the money to the disadvantged in poor countries. That’s something governments don’t do, and yet for his “monopoly […]
Archive for May, 2009
May12th2009
“The Rich” Vs “Government”: Who Should Get More Money?
Published by in Economics, Myths, Poverty and Taxes. 4 CommentsMay11th2009
” I think the stimulus package was very stupid; it was awful. It’s just a tremendous waste of money and it’s going to cause some trouble in terms of a bigger public debt, it’s just wasting resources. But the more important thing is the financial system, and somewhat the housing related aspects. So on that, […]
May8th2009
Obama And The DC School Voucher Program
Published by in Education, Hispanics (Minority Issues) and Vouchers. 0 CommentsYou need to a flashplayer enabled browser to view this YouTube video
A video by Reason.
May7th2009
“It is true that the belief in both tighter bank regulation and a larger welfare state cluster on the left, but if social democracy is some sort of preventative cure-all, how come the US economy is outperforming places like Denmark, Sweden, and Germany, not to mention the OECD as a whole? Why, if the problem […]
May6th2009
Newsweek makes much of the fact that President Obama invited two vocal critics of his administration over to dinner, Paul Krugman and Joe Stiglitz. Newsweek writes:
Mindful of his predecessor, Barack Obama seems to be trying harder to make sure he hears all sides. On the night of April 27, for instance, the president invited to […]
May5th2009
“Tax policy toward American multinational firms would appear to be approaching a crossroads. The presumed linkages between domestic employment conditions and the growth of foreign operations by American firms have led to calls for increased taxation on foreign operations - the so-called end to tax breaks for companies that ship our jobs overseas. At the […]
May4th2009
“Which brings us to the real question, which is, when did it become the government’s job to intervene in the bankruptcy process to move junior creditors who belong to favored political constituencies to the front of the line? Leave aside the moral point that these people lent money under a given set of rules, and […]
May1st2009
“Conventional wisdom holds that the social rate of return to R&D significantly exceeds the private rate of return and, therefore, R&D should be subsidized. In the U.S., the government has directly funded a large fraction of total R&D spending. This paper shows that there is a serious problem with such government efforts to increase inventive […]
