When you subsidize something to this degree, is it any surprise that demand goes up? =========== A simple fix could save taxpayers $40 billion without damaging the U.S. food supply. By Bruce Babcock And Vincent H. Smith Dec. 23, 2014 6:08 p.m. ET Over the past three years, proposals from the Obama administration and the House Budget Committee to reform the $80 billion-a-year federal crop-insurance... Read more
Archive for the ‘Economics’ Category
Crumbling infrastructure is a sign of lost collective faith
December 8 | Posted by mrossol | American Thought, Big Govt, EconomicsA story worth your time. Mr. Sommers presents some great, albeit challenging, opportunities for both the private and public sectors. =========== Crumbling infrastructure is a sign of lost collective faith – FT.com.
...
Read more
A Lesson for America in Poland’s Rise and Ukraine’s Fall
August 31 | Posted by mrossol | American Thought, Economics, UkraineA pity that many Americans do not seem to have the ability to connect these dots. ========= By Phil Gramm and Michael Solon “As President Obama is learning, no political victory is permanent without economic success. Consider the fates of two former Soviet vassals.” In forging Turkey out of the ruins of the Ottoman Empire, Mustafa Kemal Atatürk warned his countrymen in 1923 that... Read more
Father’s Day Advice for Freeloaders
June 21 | Posted by mrossol | American Thought, Economics, InterestingSome good advice. ========= June 13, 2014 6:56 p.m. ET Living in my parents’ second bedroom as a 24-year-old two years out of college, I know first-hand the challenges and opportunities of celebrating Father’s Day with dad in the next room. Since nearly 40% of 18- to 31-year-olds live with their folks, I know I’m not alone. Here’s how to get it right... Read more
What Dave Brat Taught Conservatives
June 21 | Posted by mrossol | Economics, Tea PartyWSJ_June 12, 2014 7:14 p.m. ET With Washington determined to take a lesson away from Dave Brat’s rout of House Majority Leader Eric Cantor, let’s make sure it’s an enduring one. Let’s talk “reform” conservatism. Yes, immigration came up in this race, though it didn’t get ugly until the end. It happens that Mr. Brat, an economics professor, spent the bulk... Read more
Smaller Faster Lighter Denser Cheaper
May 22 | Posted by mrossol | Economics, Global Warming, Science, Technology“To compel the switch from fossil fuels to wind and solar power is to consign billions of people to a life of poverty and darkness.” Sounds like an interesting book. =============== Book Review: ‘Smaller Faster Lighter Denser Cheaper’ by Robert Bryce Reviewed by Arthur Herman May 21, 2014 7:01 p.m. ET At the heart of the computer revolution is Moore’s law, named after Intel’s INTC -0.19%... Read more
