by Mike Kimel In Response to Bryan Caplan et. al., Part 2 – Unanticipating The Great Depression and the Great RecessionCross-posted at the Presimetrics blog. Last week I noted that Bryan Caplan, like many libertarians (and conservative economists as well), operates under the assumption that the data doesn’t support the Keynesian view of the economy. […]

I just can’t resist this story of moralizing and posturing for the cameras by MBA and matter of fact dailey business practice. Out loud, in the open, in your face…and no surprises, but are we really that disconnected from ourselves? The Daily Show With Jon Stewart Mon – Thurs 11p / 10c Mortgage Bankers Association […]

by Beverly Manncrossposted with Annarborist Dan here..This post is quite long but interesting in the workings of the court and decision making process. Take the time, you will be rewarded. WHAT A RECENT IN-CHAMBERS ORDER BY JUSTICE SCALIA ILLUSTRATES ABOUT THE SUPREME COURT In a recent court order issued from his chambers that garnered attention […]

This Washington Post article by Brady Dennis and Ariana Eunjung Cha excerpt caught my eye about foreclosures, titles, and law and order types. But after the MERS computer system went live in 1997, some county recording offices complained that the company was bypassing the legal process and raking in money charging fees that were lower […]

Cash-Strapped States Resurrect “Debtors’ Prisons” Former Montgomery County, Ohio, public defender Glen H. Dewar is profiled in the ACLU report for his efforts in eliminating the state’s debtors’ prisons. Dewar stated in the report, “My estimate is that 20 to 25 percent of all local incarcerations statewide are for fines and costs, while about 50 […]

Center for Business & Public Policy suggests some complications with public goods and taxes/fee for service in the case of the Obion county, Tenn. man and the fire department story. One is freeriders, but there appears to be more than that: The city of South Fulton in Obion County, Tennessee, offers fire protection to households […]

Kevin Drum in Mother Jones posits this idea: There are several fascinating components to prospect theory, but the one that’s influenced me the most is also the simplest: when faced with a choice, people are far more motivated by loss aversion than by risk aversion. Basically, what this means is that the emotional distress you […]

The Traumatic brain injury series in the Washington Post offers timely information on the thinking on this issue.

Repatriation of $ from Center on Budget and Policy Priorities reminds us from 2009: The Business Roundtable and Chamber of Commerce have proposed resurrecting, as a stimulus measure, the 2004 “dividend repatriation tax holiday,” which allowed firms to bring their foreigngenerated profits back to the United States at a greatly reduced tax rate. The Joint […]