by spencer Yesterday I was in line at the grocery store behind a woman buying a weeks supply for her family.Nothing unusual about that, but she had brought her own bags so she would not be using plastic and/or paper sacks that would be thrown away after one use. She had about a half dozen […]
by rdan The world’s remaining accessible fresh-water supplies are divided among industry (20 percent), agriculture (70 percent), and domestic use (10 percent), according to the United Nations. Meanwhile, fresh-water consumption worldwide has more than doubled since World War II to nearly 4,000 cubic kilometers annually and set to rise another 25 percent by 2030, says […]
Well this is even less of an economics post than XV and in thinking on this the last couple days I realized I didn’t have a firm enough grip on the historical particulars to make it as definitive as I wanted. But still the concept is important and I could use some feedback so here […]
Lifted from comments cactus style by Reader Stuart Levine continued from the post on Mankiw and corporate taxes here and here: Mankiw relies on “[A] 2006 study [by] the economist William C. Randolph of the Congressional Budget Office [who] estimated who wins and who loses from this tax. He concluded that ‘domestic labor bears slightly […]
Reuters reports: Newly diagnosed cases of post-traumatic stress disorder among U.S. troops sent to Iraq and Afghanistan surged 46.4 percent in 2007, bringing the five-year total to nearly 40,000, according to U.S. military data released on Tuesday. The statistics, released by the Army, showed the number of new PTSD cases formally diagnosed at U.S. military […]
Reader sammy sends George Will: Title: Carbon cap and trade, good idea? Bad Idea? Here is the “con” case from George Will via The Washington Post: An unprecedentedly radical government grab for control of the American economy will be debated this week when the Senate considers saving the planet by means of a cap-and-trade system […]
Lifted directly from comments by cactus from the open thread: Economics is not a science. Physics wouldn’t be a science either if esteemed members of that profession who got prestigious jobs running the country were willing to make statements that contradict all known facts. But here’s the thing – if the administration’s position is that […]
I guess this is pick on Mankiw day. I see he is now in favor of the McCain proposal to cut the corporate tax rate to 25%. But the effective corporate tax rate was already 24.2% at the end of 2007. So I wonder which corporations he thinks should pay higher taxes? P.S. Mankiw promises […]
An elder Cherokee Native American was teaching his grandchildren about life. He said to them, “A fight is going on inside me…It is a terrible fight, and it is between two wolves. One wolf represents fear, anger, envy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, pride and superiority. The other wolf stands for […]
Update: rdan makes big mistake on static news. Static News by Wm Hallowell is a new site and is aimed at the age 13-30 year old group. It is my impression this younger group is generally not a part of our regular readership, with a few notable exceptions. Angry Bear is listed with some of […]