In a post titled “New Zealand Butter,” Cuban blogger Yoani Shanchez tries to explain why Cuba has so many expensive basic food items from faraway places, like the butter that comes 8,000 miles from New Zealand and the rice that travels 10,000 miles from Vietnam. Obviously, many of the basic food products (milk, cheese, hamburger, chicken, cheese, rice, etc.) could easily be produced domestically at a much lower cost and without the high transportation costs from distant countries. As you might expect, the explanation has nothing to do with economics, and everything to do with “crony socialism.”
Also of Interest
Gas tax on mileage shatters right to privacy
Shifting to a Vehicle Miles Traveled tax system serves neither the interests of good government nor the interests of personal privacy.Read more here: http://www.kansascity.com/2013/05/02/4213891/gas-tax-on-mileage-shatters-right.html#storylink=cpy
Bidens are becoming more charitable over time – they used to give less to charity than Americans making less than $5,000
The Obamas and the Bidens released their 2012 tax returns on the White House blog today.Now that Biden’s tax returns are coming under public scrutiny, he and Dr. Jill Biden seem to be feeling a bit more charitable than the former, rather uncharitable Senator Joe Biden, whose tax returns probably received little attention, if they were even released at all.
America's oil and gas revolution
To grasp the importance of the revolutionary change in oil and gas drilling sweeping across the United States -- and its significance for our economy -- just consider how far behind the rest of the world is lagging.