Submitted by CARPE DIEM
From yesterday’s Wall Street Journal:
“While Sen. McCain has argued that tax cuts—particularly on business—spur growth, Sen. Obama rejected that as flawed economics. “I’ve seen no evidence that . . . would actually boost the economic growth and productivity,” he said.”

The Tax Foundation provides plenty of evidence for Sen. Obama from the experience […]

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Submitted by CARPE DIEM
The Economist
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Submitted by Econbrowser
As I type this post, the President is proposing once again drilling in ANWR, noting the “enormous” benefits. [1] [2] [3] I’d like to just note the analysis his Administration’s DoE just published last month.

From Analysis of Crude Oil Production in the Arctic National Wildlife Refuge, published May 2008:
Summary
The opening of the ANWR […]

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Submitted by The Capital Spectator
We’ve said it before, and so have others. Now Martin Wolf says it, and far better than yours truly ever could. The U.S., along with the developed economies generally are importing inflation. It’s time to act.
This is not solely a task for the Federal Reserve, writes Wolf in today’s Financial Times. […]

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Submitted by CARPE DIEM
1. Since when does Washington, D.C. pass up $18 million in federal money? When the teachers’ unions demand it. Link.
(Via Club for Growth)

2. Since when does a state come up with a novel way to kill off its innovative and successful charter schools? When the teachers’ unions demand it. Link.
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Submitted by A Dash of Insight
For every stock trade there is a buyer and a seller.  Depending upon what happens, there is also a winner and a loser.  Is that the whole story?
Background
Occasionally the Old Prof accepts a gig as an expert witness in a legal proceeding.  One of these occasions involved an interesting situation.  […]

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Submitted by CARPE DIEM
Email netiquette from NPR: Are electronic wedding invitations OK? May I forward a friend’s personal e-mail without her permission? How big is too big when it comes to sending photos?

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Submitted by CARPE DIEM
Of course medical marijuana should be legal. For adults, everything should be legal.
Banning drugs certainly hasn’t kept young people from getting them. We can’t even keep these drugs out of prisons. How do we expect to keep them out of America?
While drugs harm many, the drug war’s black market harms more. Legal […]

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