MORE FROM BRAD DELONG….This is a very cool ESP test. It took me about 10 tries to figure out what was going on. Apparently, that puts me somewhere between a nine year old and a professor of economics. UPDATE: My wife got it on the second try. Sheesh.
MORE ON DIVIDENDS!….Reader Eric Mauro begs me to keep writing about the proposed dividend tax cut. Hey, it’s Sunday, so why not? And there is an odd angle to the whole thing that I haven’t mentioned before. Sure, a dividend tax cut is about the least likely candidate there is to provide any economic stimulus,… Read more »
INTERNATIONAL EXTORTION: TWO CASE STUDIES FROM THE BUSH ADMINISTRATION….Yeah, I know, Atrios warned me about analogies, but what the hell. Live on the edge, I say. In today’s LA Times, John Balzar writes about the Bush administration loosening restrictions on tuna fishing: “I had to look at the big picture,” the agency’s assistant administrator, Bill… Read more »
AEA ROUNDUP….Brad DeLong makes a conference of economists sound fun. More fun than a software conference, anyway.
HOW TO QUOTE IN CONTEXT….AND HOW NOT TO….Via Ken Layne, I read this AP story about a reporter for the Tallahassee Democrat who got in trouble for some intemperate language: Political writer and columnist Bill Cotterell, in an e-mail exchange, wrote “Except for Jordan and Egypt, no Arab nation has a peace treaty with Israel…. Read more »
A BLAST FROM THE PAST….I was looking through some old files a couple of days ago and found this, written in those halcyon pre-Monica days of 1997: Can somebody please explain to me why, after several weeks, there’s still such a fuss about Bill Clinton letting big campaign contributors spend the night at the White… Read more »
DOUBLE TAXATION….Just a quick question: who came up with this lame nonsense about how the tax on dividends is unfair because dividends are taxed twice? I pay income tax on my entire income (being the honest Joe I am) and then when I go out to buy stuff I pay sales tax from the income… Read more »
WHO’S YOUR FAVORITE PHILOSOPHER?….This is getting silly. Are we now going to ask all of our presidential candidates who their favorite philosopher is? You gotta give George Bush credit, though, for answering “Jesus Christ” during the 2000 debates. After he dropped that tactical nuke on his fellow Republicans, you either had to mumble something along… Read more »
SLEEPING WITH THE ENEMY….Via Roger Ailes, I learn that Attorney General John Ashcroft is a Simpsons fan. Damn. Does that mean I can’t watch any more?
WEEKEND THOUGHTS ABOUT NORTH KOREA….I’ve had a hard time getting my arms around the North Korea situation, probably for the same reason as a lot of other people: there’s precious little hard evidence about what’s really happening on the ground. So I’m just going to talk out loud here as a way of trying to… Read more »