03 | January | 2012

Wednesday, June 19, 2013

‘All we are say-ing, is give Paul a chance…’

Marc Thiessen | January 3, 2012, 5:04 pm

In the 1960s, the Maharishi Mahesh Yogi, guru of the transcendental meditation (“TM”) movement, came to global prominence when he became spiritual advisor to the Beatles. The band soon broke with him, but the Maharishi used his fame to build … read more >

Economics, U.S. Economy

Do we need more economic growth?

James Pethokoukis | January 3, 2012, 4:40 pm

Economist Ken Rogoff wonders the following long-term, big-picture thought: Modern macroeconomics often seems to treat rapid and stable economic growth as the be-all and end-all of policy. … The economist Richard Easterlin famously observed that surveys of “happiness” show surprisingly … read more >

Economics, Energy and the Environment

Another roadblock for the EPA

Kenneth P. Green | January 3, 2012, 2:55 pm

A federal appeals court handed the EPA a bit of a setback in its drive to implement new cross-state pollution regulations that are a thinly veiled effort to eliminate coal-fired electric power plants. As Bloomberg reports: A three-judge panel of … read more >

Economics, U.S. Economy

What does Google founder Larry Page have that you don’t have?

James Pethokoukis | January 3, 2012, 2:47 pm

That is the question asked by Andy Kessler in today’s WSJ: Yes, some people have more than others. Yet as far as millionaires and billionaires are concerned, they’re experiencing a horrifying revolution: consumption equality. For the most part, the wealthy … read more >

Politics and Public Opinion

Mitt Romney: Keynesian or Supply Sider?

James Pethokoukis | January 3, 2012, 2:13 pm

In a Forbes column, Economist Paul Hoffmeister grabs his copy of The Way the World Works and smacks Mitt Romney with it: … the former Massachusetts governor is not a pro-growth Republican. Instead, his economic platform reflects a man who … read more >

Carpe Diem

ND Oil Boom Fuels Real Estate Sales in Arizona

Mark J. Perry | January 3, 2012, 2:03 pm

USA Today — “Flush with cash from an oil boom and plentiful jobs, North Dakotans are snapping up homes 1,500 miles away in balmy Arizona, where prices have plunged since the real estate bubble burst. “It boils down to the … read more >

Carpe Diem

Las Vegas Home Sales Increase in November for 5th Month; But Two-Thirds of Sales Are Distressed

Mark J. Perry | January 3, 2012, 1:38 pm

DQ News — “The number of homes sold in the Las Vegas area rose year-over-year for the fifth consecutive month in November as a surge in sub-$200,000 transactions made up for a decline in activity above that threshold. Prices appeared … read more >

Economics, Free Enterprise

The economic free lunch of high-skill immigration

James Pethokoukis | January 3, 2012, 1:17 pm

Having lots of smart, entrepreneurial people in your country is a pretty good way to promote an innovative, growing economy. And if someone with those qualities wants to come to your country, you should make it as easy as possible … read more >

Economics

Obama and the Regulatory State in 2011: Cut $1 billion in old rules, add $232 billion in new ones

James Pethokoukis | January 3, 2012, 12:56 pm

Is this some sort of joke? In 2011, President Barack Obama ordered federal agencies to find “outdated, ineffective, insufficient, or excessively burdensome” regulations. Here are the results, according to the American Action Forum: In 2011, agencies finalized $187 million in deregulatory … read more >

Society and Culture

Andy Warhol, Coca-Cola, and the Occupy movement

Arthur C. Brooks | January 3, 2012, 11:54 am

Nick links to Andy Kessler’s excellent op-ed in today’s WSJ about the fact that the poor and rich in America don’t have remarkably different consumption habits in a wealthy society, rendering “We are the 99 percent” type of claims that … read more >