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Cafe Hayek — where orders emerge

Here’s part of John Goodman’s sensible defense of income inequality; specifically here, Goodman challenges those people who argue that income inequality itself is a concern that potentially should be (attempted to be) reduced through government policies even if the inequality means that the absolute level of incomes of the lowest-income people are higher than they would be with less income inequality: After John Templeton renounced his citizenship and moved to Nassau (where there is no income tax), the federal government imposed penalties — to discourage other wealthy people from doing the same thing. That was because the government wants to tax them. But when a wealthy person expatriates, the distribution of income and wealth becomes more equal. Should we reverse course and encourage the John Templetons of this world to get out of town. Cafe Hayek — where orders emerge
- Big Journalism The much-hyped bipartisan Ryan-Murray budget “deal” struck late last year increases the national debt $6.4 trillion over the next ten years. It does nothing to change the trajectory of our growing debt at a time when it is among the greatest national security threats facing our nation. The “deal” also increases near term federal spending with a promise of future cuts (dubious) while raising taxes on airline passengers. Worse, it features a cut in pension benefits to current military members and veterans who earned those pensions in measures of blood and sweat. I voted against it. by Rep. Jim Bridenstine 44

- Big Journalism

Watts Up With That?

Watts Up With That?

Frontiers fires back again on the hype surrounding Lewandowsky’s retracted Recursive Fury paper Readers may recall some ethics objections I raised in my complaint letter to UWA and Psychological Science, and also sent to Frontiers. It seems Frontiers agrees. This statement was posted on their website today: =========================================================== Rights of Human Subjects in Scientific Papers The retracted Recursive Fury paper has created quite a blogger and twitter storm.
Feds form grand jury to probe Chris Christie's role in Bridgegate... Afghans line up for blocks to vote for new leader... $1.5 MILLION Hotel Bill for Obama's One-Day Visit to Brussels... Holder defends using DOJ airplane for 27 personal trips... Maryland: 60,000 Obamacare Sign-Ups, 73,000 Lost Insurance... Fear of penalty reason for late surge in CA... DRUDGE REPORT 2011®

DRUDGE REPORT 2011®