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Wednesday, June 19, 2013

Daily Archives: March 19, 2012

Carpe Diem

Law of Unintended Consquences

Mark J. Perry | March 19, 2012, 9:20 pm

Here’s an interesting Crain’s New York Business article that illustrates the “Law of Unintended Consequences.” Residents and politicians on the Upper West Side of Manhattan are trying to protect small businesses and mom and pop shops, and prevent big box … read more >

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Carpe Diem

Quote of the Day on Emerging Technology

Mark J. Perry | March 19, 2012, 8:35 pm

Regarding energy policy….. “I prefer the “old” approach to emerging technology: We adopt new technology when it is better and cheaper than the old technology, not when it is worse and more expensive, forced to convert over by a government … read more >

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Carpe Diem

Shift in Fracking Workers Will Boost Oil Production in the “Fastest Growing Oil Frontier in the World”

Mark J. Perry | March 19, 2012, 7:46 pm

NEW YORK (Reuters) – “Collapsing natural gas prices have yielded an unexpected boon for North Dakota’s shale oil bonanza, easing a shortage of fracking crews that had tempered the biggest U.S. oil boom in a generation.  Energy companies in the … read more >

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Carpe Diem

Real Estate Market Gradually Improves

Mark J. Perry | March 19, 2012, 5:37 pm

1. MLIVE — “Michigan home sales surged 14% in February compared to one year earlier, while the average sale price dropped nearly 3%, according to data from the Michigan Association of Realtors (MAR).  An improved economy and low interest rates … read more >

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Carpe Diem

P.J. O’Rourke on Cato’s “Family Feud”

Mark J. Perry | March 19, 2012, 5:05 pm

From the Weekly Standard: “Cato has aided me with almost everything I’ve written about politics. Maybe saying so will lower the institution’s prestige enough that the Koch brothers will leave it alone. If they prevail they’ll lose Cato’s H.L. Mencken … read more >

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Carpe Diem

New Restaurant Index Suggests Improving Economy

Mark J. Perry | March 19, 2012, 1:55 pm

From Floyd Norris in the NY Times last Friday: “Have you been eating more at restaurants with waiters rather than fast-food joints? If so, you are not alone, and that in fact is an indication that the American economy is … read more >

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Carpe Diem

Chicago Fed: Midwest Manufacturing Is Booming

Mark J. Perry | March 19, 2012, 1:29 pm

The ChicagoFederal Reserve reported today that its Midwest Manufacturing Index (CFMMI) increased 1.3% in January, to a seasonally adjusted level of 90.1 (2007 = 100).  Here are some highlights of manufacturing activity in the 7th Federal Reserve district that covers … read more >

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Economics, Taxes and Spending

Boehner’s $800 billion ‘tax hike’ was anything but

James Pethokoukis | March 19, 2012, 11:44 am

Back in July, House Speaker John Boehner thought he had reached a big budget deal with President Obama: $1.2 trillion in agency cuts, smaller cost-of-living increases for Social Security recipients, $250 billion in Medicare savings partly achieved by raising the … read more >

2
Foreign and Defense Policy

More disasters America will face if we retreat from Afghanistan

Marc Thiessen | March 19, 2012, 11:03 am

In today’s Washington Post, I lay out five disasters America will face if we retreat from Afghanistan—including the likely end of the drone war against al Qaeda in Pakistan; an increased risk that Pakistan could fall to the Islamists; the … read more >

11
Economics, Entitlements

Here, in one graphic, is what’s wrong with American healthcare

James Pethokoukis | March 19, 2012, 8:12 am

Talk about a vicious cycle. The above chart (from must-read healthcare blogger Avik Roy) comes as close as anything I’ve seen to explaining in a picture what is wrong with the American healthcare system. It shows how government policy creates … read more >

18

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