“As a side note, the Communist Party has also given their endorsement. While Communists are certainly responsible for more deaths and misery than the Nazis could ever dream of, at least their intentions were good, so I’ll give them a pass.” — Post on the very liberal DailyKos blog
Archive for October, 2011
Oct28th2011
“Here is a fact that you might not have heard from the Occupy Wall Street crowd: The incomes at the top of the income distribution have fallen substantially over the past few years. According to the most recent IRS data, between 2007 and 2009, the 99th percentile income (AGI, not inflation-adjusted) fell from $410,096 to […]
Oct25th2011
This John Stossel series is a great watch and touches on most of the fundamental points driving the education debate:
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Oct20th2011
I admittedly don’t know much about the foreign policy issues surrounding the Israel and Palestinian conflict aside from what I have heard/read from Chomsky and leftists in general. They make some good arguments, but I am suspicious of taking them at face value since these same people make economic arguments - a topic I do […]
Oct19th2011
The best explanation of why this economic recovery is both taking so long and especially affecting those at the lower end of the economic spectrum was given by economist Bryan Caplan who I quote in full here:
Nominal wages rarely fall - even when there’s high unemployment. Part of the reason is regulation, of course. […]
Oct18th2011
For the record, I agree with every single point David Frum makes here against Republicans in general:
On the most urgent economic issue of the day – recovery from the Great Recession – the Republican consensus is seriously wrong.
It is wrong in its call for monetary tightening.
It is wrong to demand immediate debt reduction rather than wait […]
Oct17th2011
“I don’t feel any obligation to represent liberal Democrats. Over the years I’ve argued, for example, in favor of getting rid of the corporate income tax, creating school vouchers inversely related to family incomes, and extending free-trade agreements — positions not exactly favored by liberal Democrats.” – Robert Reich
Oct14th2011
This inevitable tradeoff appears again in UC online class offerings:
Lecturers make up nearly half the undergraduate teaching corps. They fear — with good reason — that the classes they teach are the most likely to be moved online. Their union, an affiliate of the American Federation of Teachers, has negotiated a deal […]
Oct12th2011
“The University of California last week tentatively agreed to a deal with UC-AFT that included a new provision barring the system and its campuses from creating online courses or programs that would result in “a change to a term or condition of employment” of any lecturer without first dealing with the union. Bob Samuels, the […]
Oct10th2011
I gotta be honest, I haven’t been following the presidential candidates for 2012 as closely as I’d like, but I also gotta say, this took balls on Rick Perry’s part and for that, he is my current favorite candidate for 2012:
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Oct10th2011
Economist Russ Roberts writes:
The death of Steve Jobs is a useful reminder of the fact that much wealth is not winner-take-all but winner makes everybody better off. Steve Jobs’s estate is estimated to be something between $6 billion and $7 billion. About 2/3 of that is Disney stock he received when Disney […]
Oct6th2011
“I have an even better argument against tax cuts for the rich. According to Bernstein’s logic, they don’t even work for the rich. If you look at the mean income for the top 20% of all families, it also shrinks between 1989 and 1992, grows between 1992 and 2000 and falls between 2000 […]
