One Salient Oversight challenges T-Boone: Dear Mr. Pickens, Just recently you stated to the media that you expected oil prices toreturn to record levels by the end of 2008. Sir, you are a man who sticks by his word, so I would like to make awager with you if that is at all possible. Why? […]
WOW — Hurricane Gustav has landed and I have yet to see a libertarian post arguing that Wal Mart, Home Depot and other major modern corporations will not resupply New Orleans without higher prices. Maybe they are all taking Labor Day off in honor of the Union movement.
by Tilman Tacke and Robert Waldmann Globalization has caused a decrease in cultural distinctiveness. We find indications of a link between the divorce rate in Japan after 1955 and the market share of foreign films. Foreign films in Japanese cinema, including Hollywood productions, may act as importer of Western values. The market share of foreign […]
From the Saturday NYT story by Floyd Norris. Just to preclude the comments, this is from the economic bottom, so it does not include the recession Bush inherited.
by reader drew Legislatively (re)impose a fair and balanced labor market: First, double the minimum wage to $13/hr over three years (a dollar every six months?) β and β legally guarantee inflation adjustments for incomes under $100,000. Doubling the minimum wage could potentially add an average 50% more pay to below 50 percentile earnings ($13/hr […]
Storm Pulse is a way to track the various weather events. Update: P Jackson of Housing Wire is writing for CR with this Calculated Risk and commenting on oil and insurance matters. (rdan-CR link fixed)
Continuing a series from Marginal Utility, link here:
Awhile back we had a series of posts about the causality of Social Security’s ‘unfunded liability’ in response to a comment by Jim Glass over at Andrew Bigg’s. The first post was XXXVI: $17 Trillion Backwards Transfer. Andrew answered back with Responding to Angry Bear: Where does the $17 trillion deficit come from? to which […]
Mark Thoma started a chain of posts on the efficacy of tax cuts that bears watching as research becomes published. Following the money apparently is more possible in this day and age. Richard Serlin (first here) followed up with two posts, the second here. Don Pedro of Economists4obama says in comments: I want to point […]
by cactus The Efficiency of the Private Sector Recently, the wife and I moved to a new state. When you do that, you need to get a new driver’s license, plus re-register your vehicles. The whole process, including taking the written (well, computerized) exam, from the moment we walked in until the moment we walked […]