Archive for June 20th, 2008
Posted in June 20th, 2008
Submitted by The Capital Spectator
Interest rates are the hot topic once more. The pressing question: when will the Fed hike rates?
Inflation chatter has been in a bull market of late, and the bond market is again focused on the risks. The benchmark 10-year Treasury yield is roughly 4.2% as we write, up from March 17’s […]
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Posted in June 20th, 2008
Submitted by Econbrowser
Environmental Economics and The Energy Collective are among the many voices recently advising consumers they could save gasoline by driving more slowly. I was curious to take a look at the evidence behind such claims.
Air resistance increases the faster you travel, which might lead you to think that higher speeds always require more […]
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Posted in June 20th, 2008
Submitted by CARPE DIEM
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Posted in June 20th, 2008
Submitted by CARPE DIEM
Gas is $4 a gallon. Oil is $135 a barrel and rising. We import 2/3 of our oil, sending hundreds of billions of dollars to the likes of Russia, Venezuela and Saudi Arabia. And yet we voluntarily prohibit ourselves from even exploring huge domestic reserves of petroleum and natural gas.
At a […]
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Posted in June 20th, 2008
Submitted by CARPE DIEM
Thanks to Cedar Rapids resident Lee Brown for the photos (click to enlarge).
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Posted in June 20th, 2008
Submitted by CARPE DIEM
NASHVILLE - The Tennessee Center for Policy Research, a Nashville-based free market think tank and watchdog organization, obtained information about Al Gore’s home energy use through a public records request to the Nashville Electric Service. In the year since Al Gore took steps to make his home more energy-efficient, the former Vice […]
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Posted in June 20th, 2008
Submitted by CARPE DIEM
The Federal Highway Administration reported that travel during April 2008 on all roads and streets in the nation fell by -1.8%, resulting in estimated travel for the month at 245.9 billion vehicle-miles. April marks the sixth consectutive month of traffic volume decline, compared to the same month in the previous year. Cumulative […]
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Posted in June 20th, 2008
Submitted by CARPE DIEM
Kansas.com – Physicians this week agreed to support legislation that would ban the sale of tobacco products and/or byproducts in retail outlets housing store-based health clinics.
The American Medical Association wrapped up its policy-making meeting in Chicago this week, where member physicians defined the groups’ political and legislative agenda for the coming year.
If […]
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Posted in June 20th, 2008
Submitted by A Dash of Insight
There is a threat to the housing bill that has been moving through Congress. It is important, and attracted little market attention today.
Background
The House passed an aggressive version of housing relief, led by House Financial Services Committee Chair, Barney Frank (D MA). The Senate went through a negotiating process, with […]
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Posted in June 20th, 2008
Submitted by CARPE DIEM
In this video, economist Milton Friedman explains his position on why drugs should be legalized, how drug laws created the market for crack cocaine (”the stronger the drug laws, the stronger the drugs”) and why the government’s drug laws result in 10,000 additional deaths per year.
Bottom Line: Contrary to the position […]
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