Commenter and Blogger RJS, Perspective: I (RJS) suspect some of the inventory pullback has to do with tax strategies, but we’ve had all this sitting near multiyear lows going in,…

…in the form of major tax increases over pain to a far-away bond insurer? … “Clinging to cash equivalents or long-term government bonds at present yields is almost certainly a…

…incomes double, is unnecessary. Max noted that if the marginal utility of private goods (P) also exhibit diminishing marginal utility, then a strong case for a progressive tax system follows….

…the Harvard Political Review observed that in the early 20th century, no state better embodied this “laboratory of democracy” label than Wisconsin, which experimented with new and progressive state policies….