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America fact of the day

The manufacturing sector is now operating at 77.8 percent of its capacity, according to Federal Reserve data, well above the 76 percent average during the last expansion and not far from ...


You Down With OPC

My takeaway is that Cuomo's corruption investigations were just another form of corruption, something done with the intention of hanging it over the heads of other politicians. Find out ...



10 Wednesday AM Reads

My morning afternoon train reads (continues here): • Seven Truths Investors Simply Cannot Accept (The Kindergarten) • 5 reasons why the market won’t crash (The Buzz) but see Threadi...


Corruption

in the NYT: With Albany rocked by a seemingly endless barrage of scandals and arrests, Gov. Andrew M. Cuomo set up a high-powered commission last summer to root out corruption in state p...


Questions

(Don Boudreaux) Responding to my report that Ms. Molly Mills e-mailed me to claim that (original emphasis) [a]ll sick people should have access to drugs at affordable prices!!!!! the grea...



Free Lunch Over for Money-Market Funds

Of all the outrages endured during the financial crisis, perhaps the most perplexing involved money-market mutual funds. In an example of moral hazard writ large, this uninsured risk inst...


Why Would Anyone Think Republican Opposition to Obamacare Is Based on Ideology as Opposed to Just Money

It's understandable that conservatives would like to say that their arguments are based on deeply held convictions, as opposed to crass self interest, but it's difficult to understand why...


Quotation of the Day…

(Don Boudreaux) … is from page 127 of Deirdre McCloskey’s lovely 1996 book, The Vices of Economists – The Virtues of the Bourgeoisie: Virginia Woolf wrote famously, “About December ...



Some Links

(Don Boudreaux) Michael Cannon explains the good that will come from yesterday’s ruling in Halbig v. Burwell. And Michael (who, along with Jonathan Adler, played an important role i...


Beyond left and right

(July 23, 2014 10:31 AM, by Scott Sumner) Is British public policy more left wing or right wing, compared to Scandinavian countries like Sweden and Denmark? The Heritage rankings suggest...


Think Your Flight Delays Are Bad? Try China, Where the Military Hogs Most of the Skies

Even in this era of jam-packed commercial air travel, the armed forces still control most of China’s airspace


The Tab for the Financial Crisis

Click to see an interactive graphic. Source: WSJ


"Python bumps off Java as top learning language"

"Python has surpassed Java as the top language used to introduce U.S. students to programming and computer science, according to a recent survey posted by the Association for Computing Ma...


"18 Words That Have A Totally Different Meaning In North Carolina"

I take exception to #10 but most of the rest made smile or laugh. 9. NASCAR What it means everywhere else: A bunch of cars going around in a circle for hours on end. What it means in Nort...


"Why Are Israelis Rooting for Germany in the World Cup?"

Compare to the habits of most of Israel's enemies.



Ukraine Caught in Third Major Lie? Magic Number 312

I have strong evidence from Ukrainian citizen Anatoly Shary that Kiev is caught in a third major lie regarding Buk deployment.It takes a while to go over the evidence, condensed below, al...


Which part of the world is in trouble?

Slowest Growing Populations (%, 2000-10) 1 Moldova -13% 2 Georgia -8% 3 #Ukraine-7% 4 Bulg -6% 5 Latvia -6% 6 Lithuania -5% 7 Belarus -5% That is from here, the most rapidly growing popul...


Did vouchers cause the decline in Swedish schools?

It seems not.  Responding to an earlier piece by Ray Fisman, Tino Sanandaji writes: Fisman doesn’t cite any plausible mechanism through which private schools could have dragged down the t...


Halbig v. Burwell

(Don Boudreaux) The Wall Street Journal has a very good summary of today’s two different, and conflicting, court rulings on the lawfulness of the Obama administration’s effort...