“a very considerable degree of inequality…is not near so great an evil as a very small degree of uncertainty.” Adam Smith on Taxation in The Wealth of Nations quoted by P. J. O’...Read More
Headline in the 5/14/12 WSJ: “Brown Says More Cuts Needed” Note to Governor Brown: “You can’t save your way to prosperity.” Instead ask yourself: What Would Texas Do?...Read More
I failed. The City of Pasadena has banned plastic bags beginning in July. I had opposed the ban on my blog when it was proposed last October and distributed my argument against it to as many peopl...Read More
“It is relatively easy to default on sovereign debt when a substantial number of the bond holders are foreign.” Niall Ferguson The Ascent of Money...Read More
According to the 2010 census of the 15 richest counties in America, ten are in the Washington DC area. The money is flowing toward where favors can be bought. Ten years ago only five of the riches...Read More
President Obama said that if he loses in 2012 it could herald “A New Era of Painful Self-Reliance” I say: “Bring it on!” A bit more self-reliance is exactly what we need. It wi...Read More
Free postcard in Hebrew and ? A Real estate lesson: Built in the 1860’s and depressed since, the “German Colony” in Haifa is finally getting trendy. Shalom Haifa Haifa with Simon...Read More