Category: Economics
Still Think Taxes Aren't Progressive Enough?
April 7th, 2010Associated Press: Nearly half of US households escape fed income taxTax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem.About 47 percent will pay no federal income taxes at all fo… more »
An Invisible (And Ineffective) Tax
April 4th, 2010Reason: What the New CAFE Standards Really MeanThere is a marked inconsistency between pressing automotive manufacturers for improved fuel economy from new vehicles on the one hand and insisting on low real gasoline prices on the other. Higher real p… more »
I Like Pie Charts
April 4th, 2010Who Owns America’s Debt? An Dynamic Perspective on the Major Foreign Holders of Treasury Securities [2002- Present] more »
Not How I Would Run A Lottery
April 3rd, 20107-7-7-7 costs Pa. Lottery bigtime
Wednesday night, all 7s came up in Pennsylvania Lottery's Big 4 drawing, resulting in a whopping $7.77 million payout to 3,107 winning tickets.
...
The Big 4 payout was a staggering 1,573 percent of sales, accor… more »
If CEO's Did This...
March 31st, 2010When politicians do it, we cheer and vote for them.NY Times: State Debt Woes Grow Too Big to Camouflage more »
Reality vs. Make Believe
March 30th, 2010Henry Waxman's War on AccountingAnd now a bunch of companies with generous retiree drug benefits have announced that they are taking large charges to reflect the cost of the change in the tax law.Henry Waxman thinks that's mean, and he's summonin… more »
The Details Matter
March 29th, 2010The New Yorker: ObamaCare by the Numbers: Part 2Consider a healthy single man of thirty-five who earns $35,000 a year. Under the new system, he would have a choice of enrolling in a subsidized plan at an annual cost of $2,700 or paying a fine of $875… more »
Union Members Vote
March 26th, 2010WSJ Editorial: The Government Pay Boom: America's most privileged class are public union workers.
California, Nevada New Jersey and Ohio all allow double dipping, which lets government workers retire in their 50s and then work another full-time job wh… more »
Piracy Business Model
March 26th, 2010The Somali Pirates' Business Model
When ransom is received, fixed costs are the first to be paid out. These are typically:
• Reimbursement of supplier(s)
• Financier(s) and/or investor(s): 30% of the ransom
• Local elders: 5 to 10 %of the ran… more »
Clever Marketing
March 26th, 2010New York bar to set menu prices like stocks
The Exchange Bar & Grill, set amid the bustling shops and pubs of the Grammercy Park neighborhood, is replete with a ticker tape flashing menu prices in red lettering as demand forces them to fluctuate.… more »
Eco-Sex and "Overpopulation"
March 26th, 2010Reuters: How green is your love life? "Eco-sex" gets on itIn other news... The Dense States of AmericaIf the population density of the United States was equal to that of Brooklyn, the entire US population would fit into New Hampshire. more »
XML Feeds