Here’s some more public choice economics to follow the post below about Google’s Chairman – this public choice analysis comes from Washington Examiner’s Tim Carney about the recent announcement that Bank of America will begin charging a $5 monthly fee … read more
Mercatus Center senior fellow Jerry Brito provides some highlights of the recent Washington Post interview with Google Chairman Eric Schmidt, as he reflected on his first time testifying before Congress in an antitrust hearing about Google. Here are some excerpts: … read more
The oil boom in North Dakota is fueling a housing boom, which is putting upward pressure on rents in the oil-rich Western parts of the state. The Minot Daily News is reporting that monthly rents on the apartments at one … read more
Based on early release tax data from the IRS for 2009, the chart above displays new average tax rates for various income groups and shows that federal income taxes are highly progressive as intended – the higher the taxable income … read more
DB’s Thomas Mayer lays out his beliefs in a recent speech and report. Here’s a summary: Think about Obamacare, Dodd-Frank, cap-and-trade, and the Buffett Rule. Now read those bullets again.
Paul Krugman at his sketchiest: … while we don’t have a lot of postwar experience with fiscal stimulus, we do have a lot of experience with anti-stimulus, that is, austerity — and that turns out to be reliably contractionary. Again, … read more
The foiled attempt by Iran’s Islamic Revolutionary Guards Corps Qods Force (IRGC-QF) to stage a brazen terrorist attack against a Saudi target on U.S. soil should come as little surprise if one considers the recent rhetoric of Iran’s military leadership. … read more
Current Intrade Odds: 69.7% for Romney and 10.1% for Perry (corrected).
Peter Wallison of the American Enterprise Institute writing in today’s WSJ, explains that the Wall Street protesters have been grossly misled because it was “Reckless government policies, and not private greed, that brought about the housing bubble and resulting financial … read more
The more GOP voters look at Herman Cain’s 9-9-9 tax plan, probably the less they are going to like it. Michele Bachmann’s critique was just the start: I would have to say that the 999 plan isn’t a jobs plan, … read more