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Tuesday, May 21, 2013

Monthly Archives: August 2009

Carpe Diem

Capitalism: A Love Story

Mark J. Perry | August 31, 2009, 12:48 am

Peter Schweizer: Michael Moore is constantly trying to prove his and the Left’s moral superiority, so he says things about himself that are patently not true. He’s pathological about it. How else to explain that he’s loudly proclaimed no less … read more >

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Carpe Diem

Era of Citing Adults for A Victimless Crime Is Over?

Mark J. Perry | August 30, 2009, 10:30 pm

DENVER – A city panel in charge of overseeing marijuana possession crimes in Denver recommended on Wednesday that the fine for possession be set at $1. If Denver’s presiding judge accepts the recommendation from the Denver Marijuana Policy Review Panel, … read more >

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Carpe Diem

Youth Jobless Rate Hits Record July High of 18.5%

Mark J. Perry | August 30, 2009, 8:55 pm

BLS — The youth unemployment rate (the unemployment rate for 16 to 24 year olds) was 18.5% in July 2009, the highest July rate on record for the series, which began in 1948 (see chart above). Additionally, the male (19.7%) … read more >

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Carpe Diem

Maximum SS Taxes Have Increased 4X Since 1970

Mark J. Perry | August 30, 2009, 8:27 pm

The chart above is based on Social Security Administration data here for maximum taxable Social Security earnings, and here for the tax rates for Social Security’s Old-Age, Survivors, and Disability Insurance (OASDI) and Medicare’s Hospital Insurance (HI), and shows the … read more >

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Carpe Diem

“Kennedy” Once Meant Supply-Side Tax Cutter

Mark J. Perry | August 30, 2009, 7:48 pm

His name was Kennedy. He was the preeminent figure in the Democratic Party. And he was a resolute supply-side tax-cutter. “It is a paradoxical truth,’’ he once told the Economic Club of New York, “that tax rates are too high … read more >

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Carpe Diem

Quote of the Day: You Tell Me The Rules…..

Mark J. Perry | August 30, 2009, 2:08 pm

Most of economist Armen Alchian’s work in property rights can be summed up in one sentence: “You tell me the rules and I’ll tell you what outcomes to expect.”Originally posted at Carpe Diem.

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Carpe Diem

How Long Does A Top Athlete Work For $100,000?

Mark J. Perry | August 30, 2009, 2:00 pm

According to the latest figures from the U.S. Census Bureau, it takes an average U.S. citizen a shade under four years to earn $100,000. Alex Rodriguez does it in six pitches. Ben Roethlisberger of the Pittsburgh Steelers may have him … read more >

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Carpe Diem

Markets in Everything: Coupons on Your Cell Phone

Mark J. Perry | August 30, 2009, 1:44 pm

Coupons You Don’t Clip, They’re Sent to Your Cellphone Originally posted at Carpe Diem.

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Carpe Diem

Value of U.S. Currency in Circulation

Mark J. Perry | August 30, 2009, 1:22 pm

Note the difference in life expectancy between $1 bills (1.8 years) and $5 bills (1.3 years, less than the $1 bill) and $100 bills (7.4 years). From Visual Economics. Listen to bluesman Little Walter sing about them “Dead Presidents.” Originally … read more >

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Carpe Diem

Weather Supercomputer Predicts Climate Change, But Ironically It’s One of Britain’s Worst Polluters

Mark J. Perry | August 30, 2009, 1:57 am

The machine pictured above was hailed as the ‘future of weather prediction’ with the ability to produce more accurate forecasts and produce climate change modelling. However, the Met Office has now been named as one of the worst buildings in … read more >

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