Commentary on economic issues
Last Thursday Baltimore County police shot and killed one man and arrested two others shortly after midnight as they were leaving their Pikesville, MD, hotel room. The three men had been under police surveillance for some time, and the two who were arrested were charged with — get this — counterfeiting currency, a federal crime. … Read more Getting real about the Arizona law
Unless Congress acts before the end of this year, the largest tax increase in American history is due to take effect when the Bush tax cuts expire at midnight December 31. According to the Tax Foundation, in the absence of Congressional action we can expect: The two “marriage penalty elimination” provisions will expire, so that: … Read more Extend the Bush tax cuts — especially for the rich
Back in the mid-1990s I interviewed for an information technology position with one of the nation’s largest home builders. In the course of the interviews, one of the company’s executives told me — almost as a boast — that the company didn’t own so much as a single hammer. The company had positioned itself as … Read more Illegal immigration’s dirty little secret
Back in December 2004 the magazine Science published science historian Naomi Oreskes’ summary of an analysis of the abstracts of the peer-reviewed scientific studies dealing with climate change that had been published between 1993 and 2003. In the article, Oreskes reported that, of the 928 abstracts analyzed, fully 75 percent endorsed or accepted the hypothesis … Read more Climate change and Keynesianism
Yesterday I went down to my state capital, which happens to be Annapolis, to lobby for the repeal of a six percent sales tax the State of Maryland plans to levy on computer services beginning this July. How this tax came about is a worthy subject for study by anyone who desires to understand how … Read more Phil’s not-so-excellent lobbying adventure