Friday , December 14 2018
Home / Tag Archives: Carpe Diem

Tag Archives: Carpe Diem

Holiday shopping? Consider the most economically efficient gift of all: cash, and avoid the deadweight loss of Christmas – Publications – AEI

AEI Holiday shopping? Consider the most economically efficient gift of all: cash, and avoid the deadweight loss of Christmas Although that strategy didn’t work out so well for Jerry Seinfeld…. It’s that time of year for my annual post on the “deadweight loss of holiday gift-giving.” 1. Economist Steven Landsburg writing in his book the “Armchair Economist: Economics and Everyday Experience“:  I am not sure why people give each other store-bought...

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Charts of the day: Trump tariffs and EV tax cuts for the rich – Publications – AEI

AEI Charts of the day: Trump tariffs and EV tax cuts for the rich 1. Chart of the Day (above) shows two of the effects of Trump’s tariffs on washing machines and steel, based the CPI and PPI reports this week from the Bureau of Labor Statistics. Table 2 in today’s CPI report shows that the CPI for Laundry Equipment (washing machines) increased by 15.5% in November from a year earlier, reflecting the Trump tariffs on imported washing machines were announced in late January 2018...

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Monday evening links – Publications – AEI

AEI Monday evening links 1. Energy Fact of the Day. From the American Petroleum Institute: The U.S. Energy Information Administration reports that two-thirds of households that buy EVs have annual income in excess of $100,000, nearly twice the nationwide average (see chart above). The result is the tax credit becomes a subsidy for the rich. Households in this income bracket also are more likely to have multiple vehicles, so the EV serves a niche of their transportation needs and is a luxury....

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Charles Krauthammer on the enduring miracle of the American Constitution – Publications – AEI

AEI Charles Krauthammer on the enduring miracle of the American Constitution From a column in the Washington Post excerpted from Charles Krauthammer’s forthcoming posthumous book, “The Point of It All” (both the book and column were edited by his son, Daniel Krauthammer): Many things are miraculous about the U.S. Constitution. The first is that, somehow, on this edge of the civilized world two and a half centuries ago, there could have been a collection of such political geniuses as to...

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Quotation of the day on imports as a key ingredient of economic prosperity…. – Publications – AEI

AEI Quotation of the day on imports as a key ingredient of economic prosperity…. …. is from Allan Golombek’s op-ed in Real Clear Markets (“President Trump Forgets That Imports Are a Necessary Ingredient of Prosperity“): Trade deficits are not an economic problem for any country. They reflect the fact that people in wealthy and growing economies can afford to buy more goods and services. Rather than indicate a declining economy, imports point to a robust one....

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The best sentence I heard today…. – Publications – AEI

AEI The best sentence I heard today…. …. is from Camile Paglia’s lecture below at about 4:00: There is no female Mozart because there is no female Jack the Ripper. Here’s what she says right before that, for context: On the intelligence spectrum, it’s been shown again and again that women occupy the great middle of the IQ spectrum. But with men you have them turning up at the opposite extremes. You have male geniuses and you have male psychotics. That’s why one of my...

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The declining female share of computer science degrees from 28% to 18% – a failed effort in social engineering? – Publications – AEI

AEI The declining female share of computer science degrees from 28% to 18% – a failed effort in social engineering? Do a Google search for “Girls Code” and you’ll find nearly half a million results for girls coding clubs (Black Girls Code, Latina Girls Code, Girls Who Code), girls summer code camps and programs, and news reports of corporations contributing millions of dollars to girls code initiatives, etc. Do a more narrow search for “Girls Code Camp”...

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‘Trump v. General Motors’….. – Publications – AEI

AEI ‘Trump v. General Motors’….. …. is the title of Richard Epstein’s latest article for the Hoover Institution’s Defining Ideas, here’s an excerpt: At this point, the only question that is really worth asking is whether everyone in politics has lost their senses. At the most basic level, the president once again shows his utter lack of understanding as to how a market economy does and should work. The first principle is that the government has a...

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Quotation of the day on the uprising against eco-elitism …. – Publications – AEI

AEI Quotation of the day on the uprising against eco-elitism …. …. is from Brendan O’Neill’s op-ed in the The Spectator (“In praise of the Gilets jaunes“): Most strikingly this is a people’s rebellion against the onerous consequences of climate-change policy, against the politics of environmentalism and its tendency to punish the little people for daring to live relatively modern, fossil-fueled lives. This is new. This is unprecedented. We are witnessing...

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Notable and quotable: GM is right to close US sedan factories – Publications – AEI

AEI Notable and quotable: GM is right to close US sedan factories Below is a Letter to the Editor that appeared in today’s Wall Street Journal (“GM is Right to Close U.S. Sedan Factories“). Since today’s edition of the WSJ didn’t feature a Notable and Quotable item, I’ve taken the liberty of featuring this on CD today as a great Notable and Quotable letter, one of the best I’ve read in a long time — Mr. Modzelewski really nails it here on some...

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