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Warren Buffet’s annual letter to shareholders

…enjoy government-guaranteed funds to go up against those with a favored status. Government is determining the “haves” and “have-nots.” That is why companies are rushing to convert to bank holding…

Blockading Oil

…Luther King Jr. famously said that the US government was “the greatest purveyor of violence in the world today.” In the ensuing years the US government has developed, at an accelerating rate,…

“Freedom to Farm”: GOP Hypocrisy – then and now

…in order to provide current giveaways to special interests has really lowered my standards. As Won Koo and Marvin Duncan note, this 1996 act “decouples government farm subsidy payments from…

Boskin on Social Security: Abuse of Utility Theory

…Michael tried to argue that the income elasticity for government benefits (G) is less than unity: Economists use a term called the diminishing marginal utility of income to express the…