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One million jobs at risk?

Maximilian Auffhammer at the Energy Institute at Haas blog: Maybe the most significant development is President Trump’s call for a review of the Corporate Average Fuel Economy standards, which were updated under the Obama Administration requiring the auto industry to deliver a fleet average of at least 54.5 mpg by...

Henderson on the John Batchelor Show

(March 23, 2017 06:22 PM, by David Henderson) Here's the audio from my interview yesterday. The interview was prompted by this blog post.... (0 COMMENTS)

For whites across America, "deaths of despair" are rising

Alcoholism, drug addiction and suicide are driving up mortality rates for less-educated whites

Disney and Universal get creative to try to lower their tax bills

Resort companies in Florida are fighting high tax bills, claiming the government inflated the value of their land

Why Investing in Gold Is One of the Best Profit Plays of 2017

Investing in gold is a great way to make steady profits this year. The post Why Investing in Gold Is One of the Best Profit Plays of 2017 was originally published at The Wall Street Examiner. Follow the money!

Robert Frost and liberalism

(March 23, 2017 02:02 PM, by Scott Sumner) Robert Frost once said: A liberal is a man too broadminded to take his own side in a quarrel. This seems very clever to me---I wonder what other people think. 1. He may not be using the term "liberal" to... (0 COMMENTS)

New Home Sales Rise 6.1% MoM in February (Mostly In Midwest) Following -3.7% Decline in Existing Home Sales

New home sales rose by 6.1% in February, greater than expected. The post New Home Sales Rise 6.1% MoM in February (Mostly In Midwest) Following -3.7% Decline in Existing Home Sales was originally published at The Wall Street Examiner. Follow the money!

Jack Bogle’s 4% Annual Return Forecast For Stocks Could Prove To Be Heroically Optimistic

I’m a big fan of Jack Bogle. Like Warren Buffett, I believe he been nothing less than a “hero” to individual investors. That said, CNBC reported this week that “Jack Bogle... The post Jack Bogle’s 4% Annual Return Forecast For Stocks Could Prove To Be Heroically Optimistic was originally published at The Wall Street Examiner. Follow the money!

US: $0.200B CouponPurchase 2017-03-22 NYFed permanent open market operations

Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve's System Open Market Account (SOMA) portfolio. The post US: $0.200B CouponPurchase 2017-03-22 NYFed permanent open market operations was originally published at The Wall Street Examiner. Follow the money!

2:00PM Water Cooler 3/23/2017

Today's Water Cooler: NAFTA, AHCA maneuvers and whip counts, open borders, manufacturing, new home sales, Oroville dam, new Case-Deaton study

Imagine Philosopher Kings

I just read Joseph Heath’s Enlightenment 2.0 (reviewed here by Alex). Heath is a philosopher who is a big fan of “reason,” which he sees as an accidentally-created uniquely-human mental capacity offering great gains in generality and accuracy over our … Continue reading ?

Stores

Mall-based retail giants like J.C. Penney face new assault from online brands, social media, discounters and specialty shops

The Natural Rate of Interest: Estimates for the Euro Area

From Adrian Penalver at the Bank of France's Eco Notepad: [More at The natural rate of interest: estimates for the euro area.]

Compensation Benchmarking, Leapfrogs, and the Surge in Executive Pay

A follow-up to "Inequality and the Lake Wobegon Effect": Compensation Benchmarking, Leapfrogs, and the Surge in Executive Pay, by Thomas A. DiPrete; Gregory M. Eirich; Matthew Pittinsky, American Journal of Sociology: Abstract: Scholars frequently argue whether the sharp rise in...

A few Comments on February New Home Sales

New home sales for February were reported at 592,000 on a seasonally adjusted annual rate basis (SAAR). This was well above the consensus forecast, however the three previous months combined were revised down slightly. Overall this was...Show More Summary

Good Manners vs. Political Correctness

(March 23, 2017 02:04 PM, by Bryan Caplan) My first face-to-face encounter with political correctness came in 1989. All undergrads in my dorm at UC Berkeley were strongly urged to attend the all-important DARE meeting. Not DARE as in "Drug Abuse Resistance Education" but DARE as in "Diversity... (0 COMMENTS)

Who's paying for family leave? In many cases, taxpayers

Low-wage Americans who need to take family leave to care for a new kid or sick relative often go into debt or turn to public aid

Americans Agree on Paid Leave, but Not on Who Should Pay

A Pew report also shows people disagree on whether it should be mandatory or optional.

Pay your income taxes by credit card? Um, no

You'll pay processing fees and interest charges and could max out your credit -- here's a better way to pay off a big tax bill

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