More Sloppy Analysis from the New York Times

International Liberty

The New York Times is going overboard with disingenuous columns.

A few days ago, I pointed out the many errors in David Leonhardt’s column extolling the wealth tax.

I also explained back in August how Steven Greenhouse butchered the data when he condemned the American economy.

And Paul Krugman is infamous for his creative writing.

But Mr. Leonhardt is on a roll. He has a new column promoting class warfare tax policy.

Almost a decade ago, Warren Buffett made a claim that would become famous. He said that he paid a lower tax rate than his secretary, thanks to the many loopholes and deductions that benefit the wealthy.oct-8-19-nyt …“Is it the norm?” the fact-checking outfit Politifact asked. “No.” Time for an update: It’s the norm now. …the 400 wealthiest Americans last year paid a lower total tax rate — spanning federal, state and local taxes — than any other…

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Uncommon Knowledge, with Author and Columnist Douglas Murray

American Elephants

In this issue of Uncommon Knowledge from the Hoover Institute, Peter Robinson is joined by British author and columnist Douglas Murray to discuss “The Death of Europe.” Important and chilling. You can just shove stuff to the side and avoid taking it on for so long, but at some point you have to take a hard look at what is, and decide what, if anything, you are willing to do or even can do about it. Do watch the whole thing, it is important.

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Jeff King: The Prime Minister’s Constitutional Options after the Benn Act: Part II

UK Constitutional Law Association

This is the second of a two-part discussion of this theme. The first part addressed the obligations under the Benn Act and the legal response to attempts to frustrate it; this second part addresses non-confidence motions, resignation and change of Government. Heading numbering is continued from Part 1.

5. Non-confidence procedure under the FTPA – the PM ‘squats’

Section 2 of the FTPA provides for an early election if a motion in the words ‘That this House has no confidence in Her Majesty’s Government” is passed in the Commons and another in the form ‘That this House has confidence in Her Majesty’s Government.’ does not pass within fourteen calendar days.  In its 2010 Report (HL Paper 69) on the Fixed-term Parliaments Bill, the Constitution Committee concluded at [121] that the provision ‘does make it clear that an alternative government can be formed.’  The Explanatory Note to section 2(3) simply states…

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Hayek on the pre-Keynesian explanation for mass unemployment

Extreme Makeover: Regulation Edition

Knowledge Problem

Lynne Kiesling

This week’s Economist has an article that points out what many US residents, and readers of this blog, know full well:

But red tape in America is no laughing matter. The problem is not the rules that are self-evidently absurd. It is the ones that sound reasonable on their own but impose a huge burden collectively. America is meant to be the home of laissez-faire. Unlike Europeans, whose lives have long been circumscribed by meddling governments and diktats from Brussels, Americans are supposed to be free to choose, for better or for worse. Yet for some time America has been straying from this ideal.

From federal financial regulation to local lemonade stand regulation, the regulatory systems in the US are a mess. I generally focus on energy and technology regulation (with the occasional foray into national security and surveillance), but that’s one piece of a large, complex…

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William Nordhaus on DICE, PAGE and FUND not modelling tipping points

From https://www.jstor.org/stable/pdf/10.1086/676035.pdf

My favourite economist joke as told by David Friedman

Robert Trivers Remebering Darwin

Watch “The Unforeseen Issue With Skyscraper Canyons and trees – Cheddar Explores

From Robert Fogel’s political arithmetic book on Kuznets

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