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 […]
Author Archive for HispanicPundit
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 […]
Apr30th2008
The Argument Against Regulations
Published by in Economics, Hispanics (Minority Issues), Myths, Personal and Poverty. 0 CommentsBacon-wrapped hot dogs are common in downtown Los Angeles and especially in Mexican border cities. Tijuana, for example, has a vendor at almost every corner. Well now, apparently, Los Angeles is trying to ban the cart sale of these very delicious bacon-wrapped hot dogs.
As a huge fan of bacon-wrapped hot dogs (I’ve eaten more […]
Apr29th2008
Quote Of The Day
Published by in Economics, FreeTrade, General, Hispanics (Minority Issues) and LatinAmerica. 2 Comments“Free trade with Colombia can’t have anything to do with loss of US jobs: Colombia’s exports already enter the US duty-free. Rather, the Free Trade Agreement would reduce remaining Colombian barriers to imports from the US….It is hard to escape the conclusion that the only reason Congressmen are opposing the Colombian […]
Apr28th2008
Why The Age Divide Between Hillary And Obama Supporters?
Published by in General and ModernPolitics. 1 CommentDavid Friedman, son of Milton Friedman, gives us his opinion:
I have a different theory, one that also helps explain the mirror image problem—the reason so many people dislike Hilary. To me, at least, she comes across as bossy, cautious, conservative, someone who knows what is good for other people and will firmly make them do […]
Apr25th2008
“What they are saying is that in zip codes where lots of folks were turned down in 1996, you see lenders approving many more loans, and at lower risk spreads in 2001 through 2005, fueling the home price bubble. The lower risk spreads tells me that this was not predatory lending, but the opposite…It sounds […]
Apr24th2008
“John McCain is now aggressively exploiting loopholes in . . . wait for it . . . McCain-Feingold. Presumably this is all right because as we know, McCain is not like those other nasty politicians who take money as part of a corrupt quid-pro-quo. McCain is taking money in order to fight the good fight, […]
Apr23rd2008
“I’ve been asking myself that about student loans for quite some time. It’s still not clear to me how much, if at all, they benefit the students they are supposed to help. It seems at least equally plausible that they’re simply feeding the tuition inflation which makes it impossible for a normal kid to work […]
Apr22nd2008
“After adjusting for multiple sources of bias and differences in sample construction, we establish that (1) the U.S. high school graduation rate peaked at around 80 percent in the late 1960s and then declined by 4-5 percentage points; (2) the actual high school graduation rate is substantially lower than the 88 percent estimate of the […]
Apr21st2008
Quote Of The Day
Published by in (modern day) Liberalism, Academia, Economics, Education, General, University and Wal-Mart. 1 Comment“I have never quite encountered an intrinsically less fair institution than the university, at least in liberal terms of egalitarianism and respect for the underclass. A full professor may damn Wal-Mart, but Wal-Mart would never get away with the two-tier system that the university in built upon: the PhD part-timer has no job security, sometimes […]
