Skip to content

{ Category Archives } Economics

Let me hear you say it

Back during the last administration,  “W” proposed stimulating the economy by allowing business to accelerate write-offs.  Our friends on the left were livid, what with anything benefiting businesses being evil and all and Bush being an obvious moron. Our Dear Leader’s newest plan to fix everything includes stimulating the economy by allowing business to accelerate [...]

Tagged , , ,

We have how many now?

If you weren’t already convinced that the Federal Government’s primary, overriding purposes are to propagate and perpetuate itself, reward the faithful with jobs created in an ever-increasing web of bureaucratic entanglement, and call attention to its attempts to address relatively mundane issues with great fanfare, while ignoring issues of more fundamental importance, maybe this will [...]

Tagged , , , , , ,

Wait a minute. This seems sort of familiar.

Our Dear Leader is going to fix the economy by rolling out a long-term jobs program Monday that would exceed $50 billion to rebuild roads, railways and runways Is it just me, or didn’t we already try the ” 1) Let’s spend some money we don’t have, 2) pretend it will create jobs because we [...]

Tagged , , , , , ,

Quote of the day

From tjic: Doing away with a politician’s ability to borrow would be like cutting off one of his arms – it takes two hands to really get a good choke grip on a citizen when you’re anally penetrating him, and thus losing the ability to borrow, like losing an arm, takes away much of the [...]

Tagged , , ,

Broken Window Fallacy

If you pay any attention to the debate over whether or not “stimulus” spending is a good idea, you may have heard a non-Keynesian mention the “broken window fallacy.”  The Gormogons have posted a simple explanation of this idea in a nice, neat 3 minute and 32 second nutshell.

Tagged , ,

A few links

It’s almost 1:00 AM, so I can’t talk about these in the depth I’d like, but I thought I’d pass them on anyway. From Carpe Diem: For anyone who has both a) a bit of knowledge about economic realities as opposed to the unicorn farts one usually hears in the MSM, and b) spent any [...]

Tagged , , , , , ,

Vacation wrap-up

I’ve been on vacation this past week, although at times it’s been hard to tell.  Mostly it’s been some running around punctuated by periods of near vegetative stupor.  That, and we’ve watched a whole lot of NCIS re-runs. Sunday, the Head Rat and I joined my folks at the Neal Reunion and then visited cemeteries [...]

Tagged , , , , , , , ,

But I still want my flying car…

Did you ever see the movie The Fifth Element?  Remember the scene where they are reconstructing the Fifth Element from a few living cells?  Remember how the machine created various body parts, including the circulatory system, with all of the veins and arteries and such? It is now possible, using stem cells and a 3d [...]

Tagged , , ,

The Day the Dollar Died

John Galt at Shenandoah does a ton of economic analysis.  Some of it is pretty technical, with charts and graphs, referencing technical market trading terms that I, frankly, don’t always follow.  But, if you read it regularly you can pick up a lot of very interesting economic information.  He’s had a number of posts that [...]

Tagged , , , , ,

Discovering the premise was wrong won’t stop us from continuing to try to fix the problem by throwing money at it

“Poverty breeds crime” is one of those simple formulations that seems to be pretty much taken for granted.  Everyone knows it’s true, and it is one of the “givens” that we use, either directly or indirectly as a rationale for a variety of social programs.  Having spent 30 years working in corrections, one would think [...]

Tagged , ,

Ratlands is using WP-Gravatar