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Political Economy

Taxes, Taxes, Everywhere

Amity Shlaes has a good column over at Bloomberg News. Her post today is about the likely rise in taxes we are going to see in 2009 and beyond. She admonishes the Democrats for being overly complex when it comes to taxes. She says:"The…

The case against the Euro

I am a Euroscpetic. I admire the political will of Europe's grand designers in creating the Euro, but I have always felt that harmonisation would be a painful process fraught with tension - especially during economic downturns. And so it is…

Conspicuous Consumption

I happened upon an article at "The Moderate Voice" about "Conspicuous Consumption" originally posted on UPenn's Wharton Business School's website. It's a great piece of research which explains nicely in part why Blacks and Hispanics tend…

Biofuels

I caught an interesting letter to the editor at the New York Times. We really need to think about which alternative energy sources we use and this letter highlights the fact.Re “Bring On the Right Biofuels,” by Roger Cohen (column, The New…

Gas Tax Breaks

I am wading into this debate over whether or not the U.S. government should temporarily suspend the federal tax on gasoline this summer. I come down on the side against the tax break. Here's why?In a post about Windfall taxes on Tuesday, I…

Drilling for oil

Today, I read an article by Robert Samuelson in the Washington Post advising that the U.S. allow drilling for oil in previous no-go drilling zones because the cost of oil is rising. Originally, I agreed with his assessment. Today, I have…

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