I wrote last year that, “I don’t think public policy should be based on polling data, but I always am happy when the American people are on the right side of an issue since it increases the possibility of good outcomes in Washington.” One other thing to consider is…
In a decision that is overwhelmingly the result of the hard work and dedication of one person, Los Angeles is ending its revenue-generating red-light camera scheme. Here’s Jay Beeber’s interview with Reason TV. If you’re interested, this post has more information…
The White House has announced that it is nominating Alan Krueger, a professor at Princeton, to be the new Chairman of the Council of Economic Advisers. In a Freudian copy-editing slip, the Fox News story (at least as of 8:44 a.m.) says “Krueger’s job will be to…
I generally try to avoid commenting on monetary policy. Not because I don’t have opinions, but for the simple reason that I don’t follow the issue closely enough to feel fully confident about what I say. This doesn’t mean I’m happy with Fed Chairman Bernanke. But I’m…
Whenever I find a story that involves a thorny issue of right vs wrong, I like to see what readers think. Indeed, this has become a semi-regular feature of this blog. I’ve cited some tough cases in previous posts, dealing with difficult topics such as vigilante…
I’ve commented on the failure of Obamanomics, with special focus on how both banks and corporations are sitting on money because the investment climate is so grim. Not exactly flattering to the White House. Using Minneapolis Federal Reserve data, I’ve compared the…
Last week, I wrote about an utterly reprehensible welfare mom in the United Kingdom who had the gall to blame the government when one of her 11 kids was arrested for rioting. Surely, I thought, she was the perfect symbol of the moral depravity caused by welfare state…
I enjoy mocking the French every so often, including posts about the nation’s absurd fiscal policy, its protesting government workers, its oddball laws against meanness, its penchant for high taxes, and its shallow attempts to redefine success. Sometimes, I even…
The Congressional Budget Office has just released the update to its Economic and Budget Outlook. There are several things from this new report that probably deserve commentary, including a new estimate that unemployment will “remain above 8 percent until 2014.” This…
ust last week, I made fun of Paul Krugman after he publicly said that a fake threat from invading aliens would be good for the economy since the earth would waste a bunch of money on pointless defense outlays. Yesterday, there were rumors that Krugman stated that it…