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Monthly Archives: February 2006

It’s funny how quickly some things change. Not too long ago, the AARP and the N.Y. Times were vehemently opposed to fixing Social Security with private accounts. This week, they’ve both decided it’s not such a bad idea (here and here). A newly released proposal by The Heritage Foundation’s David John and Brookings’ J. Mark […]

In light of the recent threat made by the owner of the Seattle Supersonics to move to another city, James Thayer writes an article in the Weekly Standard concerning the impact that stadiums (and profesional sports teams) have on the local economy. The Supersonics are threatening to leave unless a stadium upgrade is paid for […]

I spent approximately four years of my life working in public policy in Washington, DC, and the one phrase that I became absolutely tired of hearing come out of politicians’ mouths was: I believe the children are our future. No kidding? How long did it take you to figure that out? Well, now I’m back […]

Everyone knows that Democrats are against tax cuts and Republicans are for tax cuts, right? Well, think again. One of the more amusing (if your cynical) aspects of tax policy during the last couple of years has been the squirming of New York Democrats over the alternative minimum tax, the dreaded AMT. There’s been all […]

What do economists do all day? Some of them sit around and watch game shows. If you haven’t seen it, you’ll love the TV show called “Deal or No Deal”. It airs next on Monday, February 27th, 7pm, NBC. Here’s a link to the the official site on NBC’s page. The commercials are right – […]

Late last week, U.S. Treasury Secretary John Snow took to the pages of the Wall Street Journal to praise the 2003 tax cut package. According to Snow, the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) was one of the main reasons the slow recovery (from the 2001 recession) picked up steam. Perhaps […]

In the latest issue of the Southern Economic Journal, Robert Ekelund, John Jackson, Rand Ressler and Robert Tollison write about the death penalty in their article “Marginal Deterrence and Multiple Murders.”   The effect of the death penalty on murder rates, the subject of their article, is probably not what most students would guess economists […]

Michael Sokolove writes an interesting article in the New York Times Magazine titled “From Pastime to Nap Time” on the effect that drug testing will have on Major League Baseball. This is not your tired article on steroids that points out that Mark McGwire is four dress sizes smaller since he left baseball. This article […]

Shortly after hurricane Katrina, U.S. Representative Richard Baker (R-Baton Rouge) introduced a bill that would allow the Federal government to step in and buy homes damaged by Katrina. The actual buying would be done by the Louisiana Recovery Corporation (LRC), a new federal agency created by the Baker Bill (latest version here). Congress did not […]

The College Board (CB) released a report and a press release celebrating the 50th anniversary of the Advanced Placement (AP) program.   For those of you not familiar with the program, students take rigorous high school classes in any of a number of topics.   Upon completion of their coursework, they take an AP exam. […]

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