This characterization (and inability to distinguish between giving someone money and allowing them to keep what they earned) shows that Democrats do not believe in private property. Leftists never do. Unless it’s their own, of course.
Category Archives: Economics
Space Is Not A Global Commons
Scott Pace gave an important speech that is sure to upset many in the international space community at the Galloway Symposium a couple weeks ago. Laura Montgomery comments.
Speaking of Henry Hertzfeld, every time I see him, for over a couple decades now, we argue about the viability of reducing the cost of launch through reusability of rockets. I wonder what he’s thinking these days?
How To Determine If You Should Talk Politics In Public
This, from Scott Adams, is a few days old, but worth posting. I’ll confess to thinking that he’d never be nominated, and if he was he’d never be elected, but since then, I’ve had no firm opinions on what would happen next. And of course, his advice goes in spades for media, but they won’t take it.
The Corporate Tax Rate Arms Race
A https://www.the-american-interest.com/2017/12/21/ladies-gentlemen-take-places/ is good for all of us.
As I noted on Twitter, many people, ignorant of economics, are going to be surprised at how little reducing corporate tax rates will have on government revenue. Because corporations don’t pay taxes; they only collect them.
Corporations will “pay” less tax, but shareholders and employees will end up paying more, because their income will go up, and the increased economic growth from reduced prices will result in additional revenue as well.
TaxCutMageddon
Sarah Hoyt has the grim tale.
Trump’s Space Policy
I haven’t seen everything, so I can’t say for sure that this is the stupidest, most ignorant take on it, but it will do until something dumber comes along.
[Update a few minutes later]
Meanwhile, a much smarter take from Sarah Cruddas.
[Monday-morning update]
Aaaaand here’s a rewriting of space history from Jason Rhian. Too busy with conference to fisk it, but it needs it badly.
[Bumped]
The “Clean Power” Plan
It’s long past time to review the “Endangerment Finding.”
The Higher Education Bubble
Is it about to pop? It’s going to be very ugly.
Traffic Jams
Smart cars have the potential to solve them.
Another thing they’ll do is to all start moving when the light changes, so we won’t wait until the car in front of us moves.
The Volokh Conspiracy
They’ve left the WaPo and moved to Reason. Eugene explains why.