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Title and summary Date/time
Wanted: Personal Economic Trainers. Apply at Washington Post
If you have a big home equity loan, an even bigger mortgage, over the limit credit cards, a car that will last a year with a loan that will last three, and poor prospects for future employment, apparently, the thing to do is to start lighting cigars wi...
Feb 9, 2009
Jevons Paradox
In 1865, the most prolific economic mind on the planet was occupied with coal. More specifically, William Jevons was trying to understand why the consumption of coal in England continued to increase despite ever more efficient steam engines. What bec...
Jun 26, 2008
Lies, Damn Lies, and the Names of Government Programs
On September 7, 2007, the Senate passed the conference report to the College Cost Reduction Act (H.R.2669). If the President signs this bill into law, the cost of a college education will most certainly rise. Like most acts of Congress, this piece of...
Sep 11, 2007
The War on Voters
This year has been a graduate course in the evils of big government. While the country suffers numerous perils, Washington proposes every lame brained idea imaginable in an effort to appear relevant. Of course these ideas are proposed by the highly p...
Jun 25, 2007
Energy Independence Through Corn Liquor
As a warmer than average winter on the populated east coast has oil prices dropping, the US is about to supplement its supply of cheap oil with expensive corn alcohol. This will be domestic ethanol as high tariffs keep cheap foreign ethanol from being...
Jan 13, 2007
Reflecting on 12,000
On Jan. 14, 2000, the Dow Jones Industrial Average closed at a record high of 11,722.98. It took over six and a half years for a new record of 11,727.34 to be set on October 3, 2006. On October 19th, it closed above 12,000. Of course, this new record ...
Oct 21, 2006
Why Congress Needs to Address the Estate Tax
The inability of the senate to work out a compromise on a bill to reduce estate taxes while raising the minimum wage earlier this month shows how unwilling each side is to compromise in order to pass essential legislation. It is inconceivable that the...
Aug 25, 2006
Mr. Woods' House
Professional athletics is a curious meritocracy where performing some inane activity in the top fractional percentile can result in income statements that are the envy of several NASDAQ firms. Last December, news hit that Tiger Woods was going to put 4...
Mar 12, 2006
Do Government Services Attract Business?
It is time to put your thinking cap on and ponder why businesses are attracted to the federal and state capitals.
Jan 5, 2003
The Blame Game
When things go south, someone needs to take the fall. Now I get to nominate someone.
Jul 3, 2002