Archive for January, 2012

Jan30th2012

Why CEO Pay Is Rising

Atleast part of the reason is a dwindling supply:
In tech circles, the C-suite at a publicly traded company is no longer the be-all and end-all. Just look at the troubles Yahoo! (YHOO) and Hewlett-Packard (HPQ) have recently had finding new leaders. HP canned former SAP (SAP) Chief Executive Officer Léo Apotheker after just 11 […]

Jan26th2012

Obama’s Nostalgianomics

Megan McArdle on President Obama’s speech:
I think the speech made it even clearer that other speeches have that the president’s vision of the world is a lightly updated 1950s technocracy without the social conservatism, and with solar panels instead of rocket ships. Government and labor and business working in tightly controlled concert, with nice […]

Jan24th2012

Quote Of The Day

“On the historical evidence, practically the only time the federal government runs a surplus is when one party holds Congress and the other the White House. While it is probably true that Obama is, as one commenter put it, not a Kenyan but a Swede, that his ideal is to make the U.S. into something […]

Jan24th2012

The Argument For Zero Capital Gains Taxes

If you care about maximizing government revenue that is:
Most of the discussion by economists of the appropriate capital gains tax rate is about a very narrow criterion: the effect of capital gains tax rates on capital gains tax revenues. But in a 2009 study done for the Institute for Research on the Economics of Taxation (IRET), […]

Jan21st2012

David Henderson On John Stossel Discussing Ron Paul And Foreign Policy

It makes me think my friend Jon is more right on foreign policy than I give him credit for. Video can be found here. David Henderson discusses it here and in the comments.

Jan19th2012

The Rationale Behind Low Capital Gains Taxes

University Of Chicago economist John Cochrane writes:
Intuitively, this is related to the theorem that you shouldn’t tax intermediate goods, or have tariffs for moving goods around the country.  Romney’s income was taxed once, when he made it. It’s not efficient to tax it again, because he chose to save it rather than spend it immediately on […]

Jan18th2012

Hans Rosling On John Stossel

You need to a flashplayer enabled browser to view this YouTube video
A worthwhile clip.

Jan16th2012

Quote Of The Day

“Conservatives will also find that Europe is much less open to immigration than the United States, that Europe generally has much lighter taxation of investment income, that few European countries uphold American-style strong separation of church and state, that European countries generally afford accused criminals fewer procedural rights, and that Europe has much less in […]

Jan12th2012

Quote Of The Day

What about life expectancy statistics — a favorite of the critics, since Americans don’t score very high? It turns out that when you remove outcomes doctors have almost no impact on — death from fatal injuries (car accidents, violent crime, etc.) — U.S. life expectancy jumps from 19th in the world to number one! — […]

Jan4th2012

John Cochrane Blog

University Of Chicago economics professor, and Paul Krugman nemisis, John Cochrane is now blogging. For those interested, add his blog to your blogroll.

Jan3rd2012

Why Ron Paul Annoys Liberals/Progressives

Glenn Greenwald nails it:
The parallel reality — the undeniable fact — is that all of these listed heinous views and actions from Barack Obama have been vehemently opposed and condemned by Ron Paul: and among the major GOP candidates, only by Ron Paul. For that reason, Paul’s candidacy forces progressives to face the hideous positions […]

Jan2nd2012

Quote Of The Day

“Take housing, for example. The cheapest form of housing is small, prefabricated homes for zero-lot developments. However, zoning regulations in most cities outlaw them — an act that effectively doubles the price of the cheapest housing. There are also other expensive restrictions on new housing, such as forcing builders to build on bigger lots and […]