Is this sudden liberal discontent with "messy" democracy just typical American politics evident in both parties -- the "out" minority party praising obstructionism only to blast it when it becomes the "in" governing party? Of course...
As of Oct. 1, the Durbin Amendment to the Dodd-Frank Act cut the permissible fees that the banks that issue debit cards can charge merchants. The “reform” will revolutionize retail banking -- for the worse...
by Mark Harrisonvia Room for Debate (New York Times)
Wednesday, October 5, 2011
Since April 2010, Britain’s high earners have faced a “temporary” tax on incomes above £150,000 (about $230,000) of 50 percent...The effects of this tax increase will be uncertain for some time, but other evidence suggests this tax will have worsened, not eased, our predicament...
Steve Jobs's career was an extreme illustration of Friedrich Hayek's point about people using their own "local knowledge" to make good economic decisions...