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Wednesday, May 22, 2013

Daily Archives: November 4, 2011

Carpe Diem

Markets In Everything: Home Sales in Cuba

Mark J. Perry | November 4, 2011, 9:26 pm

JURIST — “The Cuban government on Thursday announced the passage of a bill that will modify its housing law to allow permanent residents of the country to buy and sell their homes at will. The new law, which will take … read more >

Reply
Politics and Public Opinion

The Cain scandal you haven’t heard about

Norman J. Ornstein | November 4, 2011, 4:10 pm

The frenzy over allegations of sexual harassment against Herman Cain has obscured another scandal involving the candidate, what appears to be a blatantly illegal use of a non-profit organization to fund the initial stage of his campaign. Set up as … read more >

21
Economics

The dirty little secret of income inequality alarmists

James Pethokoukis | November 4, 2011, 3:55 pm

Today isn’t the same as tomorrow, particularly as it concerns economic mobility. This, from the St. Louis Federal Reserve bank: For most people, income increases over time as they move from a usually low-paying first job to better-paying jobs later in life. … read more >

4
Society and Culture, Education

For-profits and the Feds: The hits just keep on coming

Andrew P. Kelly | November 4, 2011, 3:40 pm

It’s no secret that for-profit colleges and universities have been under intense scrutiny over the past three years. Much of that scrutiny is warranted: many for-profits have exorbitant tuition and high loan default rates, and some have been sanctioned for … read more >

1
Economics

Quick primer: Origins of the housing crisis

Edward Pinto | November 4, 2011, 3:35 pm

Fannie and Freddie’s affordable housing goals (authorized by the ironically named Federal Housing Enterprises Financial Safety and Soundness Act—the GSE Act—and enforced by HUD) were responsible for many distortions of the housing finance market. One of the most significant was … read more >

5
Economics

The ACRE Program: A budget nightmare

Matthew McKillip | November 4, 2011, 12:53 pm

As the agriculture and super committees are discussing revisions to the Farm Bill, it’s essential to understand the ACRE program. The full working paper co-authored by Vincent Smith and Barry Goodwin, The ACRE Program: A Disaster in Waiting, is now … read more >

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Economics, U.S. Economy

Will machines finally steal all our jobs?

James Pethokoukis | November 4, 2011, 12:46 pm

In an important essay over at The American, Arnold Kling looks at how technology is affecting the labor market. (This was also the subject of the recent ebook Race Against The Machine: How the Digital Revolution is Accelerating Innovation, Driving … read more >

1
Carpe Diem

Rewarding Proven Success with Competitive Prizes vs. Subsidizing Failure with Government Subsidies

Mark J. Perry | November 4, 2011, 12:37 pm

From Julian Morris and Adam Peshek at the Reason Foundation (emphasis mine): “The Obama administration should be examining a recent example that shows how to spur environmental innovation and progress – without putting any taxpayer money at risk. Last year, … read more >

Reply
Economics

Four myths about how World War II (and Keynes) saved the U.S. economy

James Pethokoukis | November 4, 2011, 11:41 am

In blogger and economist David Henderson’s fascinating review of A Great Leap Forward: 1930s Depression and U.S. Economic Growth by Alexander J. Field, he highlights some interesting findings by the author about the impact of World War II on the … read more >

18
Politics and Public Opinion

What you may have missed in the polls: Prop 103, Obama on the upswing, and more

Karlyn Bowman and Andrew Rugg | November 4, 2011, 10:53 am

Prop. 103: Despite predictions to the contrary, Coloradans decisively defeated (64-36 percent) a ballot measure that would have increased taxes to fund education. There’s a lesson here. Beware of hypothetical poll questions on taxing and spending. Obama Up?: New Gallup … read more >

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