By Kyle | May 27, 2016
Like most Scandie ideas, this one is terrible. More in a column.
By Kyle | July 11, 2013
Who can it possibly be? A candidate.
By Kyle | December 7, 2012
John Papola and Russ Roberts, the creators of the Keynes-Hayek rap videos, are back in action with this spoof of K-Tel holiday albums, “Deck the Halls with Macro Follies.”
By Kyle | September 23, 2012
In the tradition of Frederic Bastiat and Henry Hazlitt, William J. Baumol is a plainspoken economist who elegantly presents simple logic with huge implications. In “The Cost Disease: Why Computers Get Cheaper and Health Care Doesn’t,” he explains why the cost of labor-intensive industries — like health care and education — increases much more quickly than inflation. I highly recommend. More in my Sunday column.
By Kyle | September 16, 2012
Hanna Rosin makes some fair points in “The End of Men: And the Rise of Women” but the book’s cheerleading for women’s increasing position of dominance in school and the workplace is misguided. More in my Sunday column.
By Kyle | June 18, 2012
While the West dozes, China is hoovering up the world’s raw materials and minerals. What does this mean for us? In my Sunday column, I talk to economist Dambisa Moyo about her new book on the subject, “Winner Take All.”
By Kyle | May 27, 2012
In my Sunday column, I take 2000 words to explain exactly why Paul Krugman is such a jackass.
By Kyle | March 19, 2012
Amazing true story: I was walking on Broadway up by Columbia University yesterday afternoon when I came across a beautifully done color chalked portraits of economist Thomas Sowell, about four feet square, right on the sidewalk on the west side of Broadway at (I think) 105th Street.
I wished I’d had a smart phone, but I don’t so I didn’t get a picture of it. My three-year-old daughter enjoyed running a few laps around the portrait, though (being properly careful not to step on it).
By Kyle | October 3, 2011
Who says government is a crappy venture capitalist? Why, it’s former chief economic advisor to Obama Lawrence Summers. This is one of the rare true things said by anyone in the administration that could (and should) fit on a bumper sticker. Summers also refers to “externalities,” by which he means, “we earn back some of our value because solar doesn’t pollute,” but of course that doesn’t quite work if a non-viable company goes bankrupt after making a bonfire of its generous subsidies.
Not unrelatedly: Why is it that even the loudest liberals (like Elizabeth Warren) can only find four government spending programs to defend — e.g. police, firemen, teachers, and road-builders? If those were the only four things government did, the Tea Party wouldn’t exist (although it still should, thanks to innumerable ways even these four gouge the public such as Davis-Bacon rules that drive up the price of roads, tenure that makes it impossible to fire teachers, exorbitant pensions being paid to same, etc.).
By Kyle | May 31, 2011
Adele is the much-hyped Brit singer whose songs I will soon be checking out. She blasts British taxes of 50 percent on high earners and says public services are crapola and getting crapolier. That stands to reason as socialized meds keep gobbling up an ever-greater portion of the British budget and as successive governments of whatever party vow only to “strengthen” the dismal health-care-by-wait-list NHS instead of demolishing it.
It is unjust, wrong and immoral for government to take most, or even half, of a person’s pay, and in New York City so-called “high earners” whose standard of living compares not particularly favorably to that of the upper middle classes in nearly every other part of the country already carry a maximum combined state-city-federal tax burden that is just a hair under 50 percent. You and your family simply must be entitled to keep most of what you earn. Any other result in the tax code is contrary to common sense and must be treated with the outrage and contempt it deserves.