Image Credit: Shutterstock

Image Credit: Shutterstock

Pethokoukis, Economics, Taxes and Spending

Weird. Liberals fear Hillary won’t raise taxes on the rich

The New Republic’s Noam Scheiber is worried that Hillary Clinton hasn’t gotten the memo. It’s not enough for Scheiber that the likely Democratic presidential nominee will almost certainly make inequality a core theme of her 2016 campaign. One can expect calls for universal preschool, a higher minimum wage, and more infrastructure investment among other policies to boost living standards at the middle and bottom. But Scheiber is worried that she won’t take the next step and express a clear desire to sock it to the 1% with a big, fat tax hike. read more >

Carpe Diem, Economics, Energy and the Environment

Why ‘peak oil’ predictions haven’t come true — its adherents underestimate innovation, technology and ‘petropreneurship’

Here’s an excerpt from Russell Gold’s article in today’s WSJ about “peak oil” titled, “Why Peak-Oil Predictions Haven’t Come True: More Experts Now Believe Technology Will Continue to Unlock New Sources“: For decades, “peak oil” has been a doomsday scenario … read more >