Both Michelle Malkin and Glenn Reynolds got my attention this morning with some comments on this column from Nick Kristof on DDT usage in the Third World. Some context – If the U.S. wants to help people in tsunami-hit countries like Sri Lanka and Indonesia – not to mention other poor countries in Africa – [...]
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The Truth Laid Bear: Buy South Asian! TTLB has a great idea, similar to ideas I’ve kicked around on the old blog. While charity and aid is essential for the short term recovery of the Tsunami victims, Commerce is a much better long term path to recovery. Jobs are always better than handouts, and once [...]
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You Big Mouth, You! Chuck Simmins is toting up a list of private donations for Tsunami relief over at his blog (linked above). It looks like we are at around $127 million so far. Not too -shabby for non-compulsory donations from the private sector. I’m proud to see my own employer (Pfizer) is ponying up [...]
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Amazon.com: Books: PRIZE : THE EPIC QUEST FOR OIL, MONEY & POWER I’ve just started this and I’m already learning some new things. The Noble brothers in the mid 1800s were quite an industrious family. Ludwig Noble was heavily involved in the discovery and exploitation of Russian oil, going head to head with Standard Oil [...]
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sacbee.com — George Will — George F. Will: Bush should call upon Greenspan Alan Greenspan for Treasury Secretary! George Will makes a lot of sense here. Social Security is the big leaden weight around our neck, and it’s far too misunderstood, especially by anyone over fifty, for any serious discussion of reform without hysterical cries [...]
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European small fry are feeling euro pain More on the falling dollar, tying in with one of my earlier posts… “To get a sense of how fast the falling dollar can ruin a European businessman’s day, talk to Udo Pfeiffer, the chief executive of a small German machinery maker in the industrial Ruhr Valley. Pfeiffer’s [...]
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CNN.com – WTO slaps punitive taxes on U.S. exports – Nov 26, 2004 So the WTO slaps a $150 million fine on the US for our protectionist laws covering certain industries like steel production. As much as I would like to tell the world to go take a flying leap, in this particular case I [...]
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The falling dollar. How about some economics the day before Thanksgiving, when no one is paying any attention? Are you freaked out about the falling dollar and the rising Euro? You shouldn’t be, at least not completely. The relative terms ‘strong’ and ‘weak’ carry the impression that a weak currency is inferior, while a strong [...]
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Thomas Sowell: ‘Price gouging’ in Florida A must-read today….
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Yahoo! News – Group honors curricula that explore 9/11′s ‘root causes’ Why I find it so easy to hate certain teachers… “In one of Peterson’s lessons, students stand, arranged by population, on a huge world map. Peterson hands out cookies according to gross national products: The 16 students in Asia each get one cookie, and [...]
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A continuation of the minimum wage argument. I’ll run through Danny’s rather cogent reply and then expand on some more thoughts at the end. Let’s face it: corporations, by and large, only care about the bottom line. They want to get as much labor as they can from their employees while paying them as little [...]
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Money as a matter of perspective. Today’s Long Post will dwell on some common problems encountered when discussing things like the minimum wage, poverty, and the misconception of the role of money. To start, I need to make a few things clear. Those that advocate the minimum wage and those of us who do not [...]
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Walter E. Williams – Socialism is evil – Part II Another Must Read by Walt Williams. Update – Link fixed. ——–
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Yahoo! News – LA Council Backs Anti-Wal-Mart Measure More irrational Wal-Mart hatred. The council overwhelmingly endorsed a proposal that would require Wal-Mart and other retailers to show that their nonunion discount stores would not hurt jobs, wages or businesses in the surrounding area, as union leaders and competitors claim. Can I translate? COMPETITORS are complaining [...]
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FT.com / Industries / Transport – Italy orders airlines to curb fare deals An example of all that is wrong with EU policy. Italy has ordered leading European airlines, including British Airways and Germany’s Lufthansa, to stop offering lower fares than Alitalia, the struggling majority state-owned Italian flag carrier, on competing long-haul services.
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Walter E. Williams: Socialism is evil: Walt Williams is an undisputable great man (but I’m sure it will be disputed by someone…) Does this sound familiar? “Regardless of the purpose, such behavior [socialism] is immoral. It’s a reduced form of slavery. After all, what is the essence of slavery? It’s the forceful use of one [...]
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National Sales Tax?? Oh please let this be true. If Bush got behind this and got serious about it, I’d walk over broken glass for him.
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Redistribution Is Theft No Matter Who Does It Terry sent me this tonight, and I think you’ve heard a similar argument from me in the past. I still don’t think Steve buys into it though… “Regardless of the purpose, such behavior is immoral. It’s a reduced form of slavery. After all, what is the essence [...]
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Microsoft to boost dividends, buy back shares – Jul. 20, 2004 Microsoft is going to pay out $75 billion in dividends. THIS is why you want to cut the Capital Gains tax! Microsoft, and many other companies, are sitting on oceans of cash because the stock holders don’t want to take the cash as a [...]
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‘Cost of Government’ Date Is Reached Today (washingtonpost.com) Happy ‘Cost of Government’ day! Boggles the mind – 189 days of the year just to pay for all of this wonderful government.
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