Learn about the ups and downs of the economy with these informative articles
Articles in Economics
Grade Inflation Run Amok
Rich Lowry gushes over Bob McDonnell, the Republican nominee for governor of Virginia, at National Review Online. Among the wonderful things McDonnell will ...
More Lawyers = Better Healthcare
The latest version of the House Democrats' health care legislation would repeal the insurance industry's limited antitrust exemption. This h...
Housing, tax credits, and realtors
So, the home buyers tax credit is in the news again and it's becoming quite controversial...Proponents would like to see the program extended well into next year and have the credit expanded to $15,000 (or more), removing the first-time home b...
GIVE THE MONEY BACK!
This (HT: Drudge) is the weirdest story of the year:A top White House economist says spending from the $787 billion economic stimulus has already had its biggest impact on economic growth and will likely not contribute to significant expansion next year.C...
Putting those construction workers back to work
Unemployed scientists rejoice!From Student Life, Washington University’s student paper:In March of 2007, Washington University joined other top research institutions in issuing a report to Congress stating that limited funding for science research w...
They think we’re children
From Politico:The Senate must soon increase the national debt limit to above $13 trillion — and Democrats are looking for political cover.Knowing they will face unyielding GOP attacks for voting to increase the eye-popping debt, Democrats are considerin...
Hogwash
24 Senators and 63 House Representatives have completely lost their minds over pork bellies. Apparently the free market does not work, hog farmers are not making enough money, and the government owes farmers a profit no matter how much stuff they grow or ...
Is California too big not to fail?
Jeffrey O'Brien at Fortune comments on a gathering of movers and shakers in Beverly Hills the other day, painting a grim picture ...
FTC Chairman Receives More Than Free Samples
One of the points raised by bloggers over the new FTC "disclosure" rules is that they don't apply to traditional media like newspapers. Which is funny when you think about it. After all, the man responsible for the FTC rules, Chairman Jon Leibowitz, ha...
Website under construction
Remember that old sign you would see on websites? Well, any site that isn't constantly under construction is dying. You might notice that we are zeroing in on the media section, which is a bit behind the times ...
Weekly Initial Unemployment Claims Remain Stubbornly High
Weekly unemployment claims have probably peaked this cycle. However, initial claims still remain stubbornly high.Here is the Weekly Unemployment Claims Report for the ...
Thursday morning links
TOP STORIESU.S. to Order Steep Pay Cuts at Bailout Firms - NY Times
Scary labor market chart of the day
Via this item at David Altig's MacroBlog comes one of the scarier labor market charts to have crossed my computer screen in recent months. Current re...
What I'm Reading, by Arnold Kling
Empire of Liberty, by Gordon Wood. Part of the Oxford series on American history, it focuses on the period 1789-1815. So far, I find myself thinking about i...
Lady Liberty
The story was fairly typical for movies about the English aristocracy: a young girl marries into power only to find he...