Source: http://www.brillig.com/debt_clock/
Wednesday, October 17, 2007
National Debt
The Outstanding Public Debt as of 18 Oct 2007 at 12:51:26 AM GMT is:
Source: http://www.brillig.com/debt_clock/
Source: http://www.brillig.com/debt_clock/
Tuesday, October 16, 2007
Incentives Matter
Yet another bonus question.
Who won the Nobel Prize in Economics this year?
good job, guys
comments closed
Who won the Nobel Prize in Economics this year?
good job, guys
comments closed
Capital Gains Taxes
Taxing capital gains at a lower rate than ordinary income is a long-established policy to encourage risk taking and investment. Since we already tax corporate earnings at 35% through the corporate income tax, taxing those profits again when the stock is sold imposes a double tax on risk capital. That's why 12 industrialized nations, including Hong Kong and Korea, impose a zero capital gains rate.read the entire article
Republicans: decrease rates to increase revenue
Democrats: increase rates to increase revenue
Me: Why not let people keep their money and have a 0% capital gains tax rate?
Monday, October 15, 2007
When to Refinance Your House?
A great new calculator takes the guess work out of it.
Refinance Calculator
If you have already refinanced, you could plug in the numbers and see if refinanced at the "right" time.
Refinance Calculator
If you have already refinanced, you could plug in the numbers and see if refinanced at the "right" time.
Nobel Prize in Economics
Americans Leonid Hurwicz, Eric Maskin and Roger Myerson won the Nobel Memorial Prize in Economic Sciences on Monday "for having laid the foundations of mechanism design theory".
read more here
read more here
Worst Days Ever for the Stock Market
This week is the 20 anniversary of the 1987 stock market crash.
Sunday, October 14, 2007
New York Strip: 1.15 Pounds
The aluminum pan traps heats and helps get the grill hotter for a better sear. This one is a 2 minute sear per side.
Saturday, October 13, 2007
Who Pays Income Taxes?
The income groups refer to percentiles of tax filers ranked from those with the highest AGI to those with the lowest AGI. The figure shows the highest-income groups on the left and the lowest-income groups on the right.
1990 was before the Clinton tax increases of 1993. 2000 was after the modest tax cuts of 1997, but before the Bush tax cuts of 2001. 2005 was with the Bush tax cuts in place.
Friday, October 12, 2007
Students: Questions, Comments, and Suggestions
Well, one-fourth of the way or one-half of the way there.
50th Anniversary of Atlas Shrugged
This week is the 50th anniversary of the publication of Atlas Shrugged by Ayn Rand.
A survey conducted by the Library of Congress ranked Atlas Shrugged as the second-most influential book in the lives of Americans; the first was the Bible.
Atlas Shrugged and the Corporate State
by Sheldon Richman
A survey conducted by the Library of Congress ranked Atlas Shrugged as the second-most influential book in the lives of Americans; the first was the Bible.
Atlas Shrugged and the Corporate State
by Sheldon Richman
Thursday, October 11, 2007
Economic Philosophy quiz
take the quiz
Post results if you want.
Don't worry about it if you do not have an opinion on all of the questions.
#16 deals with the Great Depression.
Post results if you want.
Don't worry about it if you do not have an opinion on all of the questions.
#16 deals with the Great Depression.
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