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- For richer, for poorer: How family structures economic success in America
- Quotation of the day on the 'fatal conceit'…
- Documentary on economist Walter E. Williams will air tomorrow night on public television stations in Tucson, Richmond, and DC
- Q: If oil speculators were to blame for the $12 per barrel January-June increase, do they now get credit for the $25 drop?
- Monday morning linkage
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7 reasons why income inequality is not killing the American Dream
James Pethokoukis @JimPethokoukis
View related content: Economics, Pethokoukis, Political Economy
Less income inequality is self recommending, according to the left. Full stop. Reducing the income gap as much as possible — while still, of course, leaving some incentive for wealth creation — should be a top priority of government. Maybe the top priority. As President Obama said late last year: “The combined trends of increased inequality and [...]
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NATO surrenders! Long live the Taliban victory
View related content: Foreign and Defense Policy, India/Afghanistan/Pakistan
Ceding space to radical Islamists and terrorists by with withdrawing US and NATO troops does not protect liberty and freedom; their demise does.
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Obama, Netanyahu, and the perils of allying with America
View related content: Foreign and Defense Policy, Middle East
In a new blog post with The Atlantic, journalist Jeffrey Goldberg, grants a senior administration official anonymity as that official calls Israeli Prime Minister Benjamin Netanyahu “a chickenshit.”
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Asia’s security relations continue to evolve
View related content: Asia, Defense, Foreign and Defense Policy
Washington’s strengthened security partnerships could change Beijing’s calculations of self-interest in the Asia-Pacific and push it towards a more cooperative posture.
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Bibi Netanyahu, ‘chickenshit’
View related content: Foreign and Defense Policy
Let’s get this straight: Bibi et al, who have what most would agree is a legitimate and existential fear of an Iranian nuclear weapon, are “good” because they’re, er “chickenshit” about launching a strike on Iran; oh, and Bibi is also labeled a “coward” for having been “chickenshit” in that regard. But he’s “bad” because he won’t cave to a Palestinian Authority and Hamas so riven by terrorism, corruption and incompetence that they won’t “accommodate” with each other.
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Central bank newspeak
View related content: Economics
As a Federal Reserve banker, you want to say you are committed to stable prices, as required by your governing statute. But what you really want perpetual inflation, because you are convinced that there is too much debt to have stable prices. What’s the answer to your dilemma? Just keep repeating at every opportunity that perpetual inflation is “price stability.”
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The status of Turkey’s women plummets
View related content: Foreign and Defense Policy, Middle East
Turkey has reached a new low on gender equality, ranking 125th out of 142 nations, according to the OECD. The treatment of women in Turkey now falls below Qatar, the United Arab Emirates, Bahrain, Bahrain, Kuwait, Tajikistan, Burkina Faso, Swaziland, and Russia.
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Quotation of the day on income inequality…..
View related content: Carpe Diem
…. is from David Brooks, writing in the New York Times last week in his column “The Working Nation“: Today, too many people are focused on the top 1 percent. But, as economist David Autor has shown, if you took all the wealth gains the top 1 percent made between 1979 and 2012 and spread [...]
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The EU stands not so firm on greenhouse gases
View related content: Energy and the Environment, Foreign and Defense Policy
The 27% renewables market share is “binding” upon the EU as a whole, but not for any individual nation; after you, monsieur. The energy efficiency target is voluntary.
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Quotation of the day on the ‘fatal conceit’…
View related content: Carpe Diem
… is from Thomas Sowell’s nationally syndicated column today “Random Thoughts“: Too many intellectuals are too impressed with the fact that they know more than other people. Even if an intellectual knows more than anybody else, that is not the same as saying that he knows more than everybody else put together — which is [...]