This story from The Onion gets funnier once you realize that – by world standards – the “American poor” are rich.
P.S. Here’s more economic insight from America’s finest news source.
HT: Mankiw.
Sep 14 2007
If you attended my debate with Donald Wittman, or wish you could have, here are some additional links, including the full text of my opening statement. I continue to be surprised by how much Wittman has moved away from the rational expectations assumption that he wielded so vigorously in The Myth of Democratic Failure...
Sep 13 2007
Terrorism has been an infinitesimal risk so far, but on September 11, Arnold told us that he's worried nonetheless:I understand that if you look at history, the probability of being killed by a terrorist is low. But if you had looked at history in 1925, you would have said that the probability of a capital ship being s...
Sep 13 2007
This story from The Onion gets funnier once you realize that - by world standards - the "American poor" are rich. P.S. Here's more economic insight from America's finest news source. HT: Mankiw.
READER COMMENTS
liberty
Sep 13 2007 at 1:14pm
strangely,
this this is not Onion.
MT57
Sep 14 2007 at 2:01pm
Whenever you hear a progressive lecture that the inequalities of wealth and income within America are morally wrong, remember this. On this issue, it is the American left, not the right, that is hypocritical.
Comments are closed.