http://www.readingtheworld.com Copyright 2008 Tue, 24 Jun 2008 17:23:39 +0000 http://wordpress.org/?v=1.2 http://www.readingtheworld.com/index.php?p=568 http://www.readingtheworld.com/index.php?p=568#comments Tue, 24 Jun 2008 17:23:39 +0000 General http://www.readingtheworld.com/index.php?p=568 It is not a good idea to increase marginal tax rates in a slow economy. That is why it will not happen. It is also why cap and trade will not happen. The Recession Debate Misses the Point By John Tamny

]]> http://www.readingtheworld.com/WordPress/wp-commentsrss2.php?p=568 http://www.readingtheworld.com/index.php?p=567 http://www.readingtheworld.com/index.php?p=567#comments Thu, 19 Jun 2008 12:45:32 +0000 General http://www.readingtheworld.com/index.php?p=567 There are two main arguments being made against U.S. drilling for oil. First, some claim that even if we wanted to drill, all of the oil rigs worldwide are booked and not available for many years. We ask the simple question, "If they are all booked, why are ...

]]> http://www.readingtheworld.com/WordPress/wp-commentsrss2.php?p=567 http://www.readingtheworld.com/index.php?p=566 http://www.readingtheworld.com/index.php?p=566#comments Wed, 18 Jun 2008 13:56:38 +0000 General http://www.readingtheworld.com/index.php?p=566 The election is a clear choice. Is the government the engine of growth or is the government then inhibitor of growth? New Evidence on Fat vs. Slim Governments: The Early Supply-Siders Were Right via CARPE DIEM by Mark J. Perry

]]> http://www.readingtheworld.com/WordPress/wp-commentsrss2.php?p=566 http://www.readingtheworld.com/index.php?p=565 http://www.readingtheworld.com/index.php?p=565#comments Wed, 11 Jun 2008 12:10:15 +0000 General http://www.readingtheworld.com/index.php?p=565 Last night CNBC aired interviews with both McCain and Obama about their economic policies. We highly recommend everyone watch it. Here are some of our first impressions after the interviews: - The election is a clear choice. Not since 1964 has there been a more distinct choice between ...

]]> http://www.readingtheworld.com/WordPress/wp-commentsrss2.php?p=565 http://www.readingtheworld.com/index.php?p=564 http://www.readingtheworld.com/index.php?p=564#comments Mon, 09 Jun 2008 13:30:06 +0000 General http://www.readingtheworld.com/index.php?p=564 The following article is a good example of a very simple economic principle - price up, quantity down. "Is Min. Wage Behind the .50% Jobless Rate Jump? " by Mark Perry

]]> http://www.readingtheworld.com/WordPress/wp-commentsrss2.php?p=564 http://www.readingtheworld.com/index.php?p=563 http://www.readingtheworld.com/index.php?p=563#comments Mon, 09 Jun 2008 13:25:49 +0000 General http://www.readingtheworld.com/index.php?p=563 It is hard to vote for higher energy prices. Of course, without higher energy prices cap and trade won't work. It is a price increase scheme. Following excerpt from Wall Street Journal titled "Cap and Burn": For months, Democrats and the environmental lobby promoted last week's Senate global-warming debate as ...

]]> http://www.readingtheworld.com/WordPress/wp-commentsrss2.php?p=563 http://www.readingtheworld.com/index.php?p=562 http://www.readingtheworld.com/index.php?p=562#comments Thu, 05 Jun 2008 16:22:41 +0000 General http://www.readingtheworld.com/index.php?p=562 Tax rates do matter. They do change the level of economic activity. They do change behaviors. 2009 Budget Masks a Major Tax Hike, from Investors' Business Daily.

]]> http://www.readingtheworld.com/WordPress/wp-commentsrss2.php?p=562 http://www.readingtheworld.com/index.php?p=561 http://www.readingtheworld.com/index.php?p=561#comments Thu, 05 Jun 2008 16:18:19 +0000 General http://www.readingtheworld.com/index.php?p=561 Here is a good piece by Amity Shales titled, "Contracts as Good as Gold." It reinforces our belief that the "just one thing" for investors and the economy is the dollar. Since their 2006 lows gold is up 50% in dollar terms and roughly 25-30% Euro and Yen ...

]]> http://www.readingtheworld.com/WordPress/wp-commentsrss2.php?p=561 http://www.readingtheworld.com/index.php?p=560 http://www.readingtheworld.com/index.php?p=560#comments Thu, 05 Jun 2008 15:46:05 +0000 General http://www.readingtheworld.com/index.php?p=560 This week French President Sarkozy laid out a proposal on immigration crackdowns as one of the key reforms that his country will be pushing when it takes the EU presidency in July for six months. His main focus will be on illegal Muslim immigrants. Importantly, Europe has an ...

]]> http://www.readingtheworld.com/WordPress/wp-commentsrss2.php?p=560 http://www.readingtheworld.com/index.php?p=559 http://www.readingtheworld.com/index.php?p=559#comments Thu, 05 Jun 2008 14:38:15 +0000 General http://www.readingtheworld.com/index.php?p=559 A strong dollar is an outcome of many other policies, not a policy itself. It is the "just one thing" for a good economy. "Ben Bernanke Mentions the Dollar" by John Tamney, Realclearmarkets.com

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