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Current Affairs

May 19, 2015

"A CEO explains why CEOs make so much money"

The federal government--the Law of Unintended Consquences strikes again--has something to do with it.

"Five Keys to Understanding Election 2016"

Scott Rasmussen lays out what's important. I especially like this point:

The Big Blue Wall is a Myth—Democrats argue that all they have to do is win states that consistently voted for their party since 1992 and they just about have the Electoral College locked up. The problem with this theory is that it's the result of the Republicans winning a majority of the popular vote only once in the past six elections. If a Republican does better in the popular vote, he or she will win some of those states Democrats think they have locked up.

"Why conservatives have more empathy than liberals"

Dan Hannan at the Washington Examiner:

If you start from the conviction that you're standing up for the underdog, you will naturally assume that your political opponents are for the powerful. You will subliminally screen out evidence that challenges that view. As Danusha Goska put it in American Thinker not long ago, "Never, in all my years of leftist activism, did I ever hear anyone articulate accurately the position of anyone to our right. In fact, I did not even know those positions when I was a leftist."

May 18, 2015

"Unraveling the Regulatory State"

A new resource for estimating the significant cost of Big Government.

"Candidates Fight Over Abortion, but Public Has Surprising Level of Harmony"

From reading what passes for professional journalism these days, you probably wouldn't know this. (Credit to the New York Times--rarely praised here--for running it.)

"Moody's blues: A closer look at Chicago's dire fiscal future"

Chicago, you've been warned:

Chicagoans, pay close attention to a new warning from Moody's Investors Service: The city must solve the crisis devouring its public employee pension funds, but even if it does, there's extremely rough going ahead.

The recent Illinois Supreme Court decision won't help. See also the Chicago Tribune's editorial:

So as the slashing of non-retirement costs intensifies, don’t blame the chief executive officers who have to wield the knives. Blame the state and local lawmakers who, over the decades, built this miserable Illinois slaughterhouse.

And last week Moody's downgraded Chicago's debt to junk.

"Superrich Behind California's 'Grassroots' Green Movement"

Interesting op-ed from Investors.com.

I'd quibble with one bit. The piece notes in an annoyed tone that Gordon Moore "has veered toward anti-growth environmentalism, channeling huge amounts of money to nonprofits and trusts so that they can buy up land in Northern California and freeze future development." I'd argue that paying market prices for resources to conserve them is a far more efficient way to do it then to have the government regulate their use.

May 14, 2015

"The best (and worst) cities to start businesses in"

Seems to be a distinct geographic pattern.

"Hollywood Actors and Economics 101"

Larry Elder:

Welcome to Hollywood, where dreams become real — and where logic, reason and economics 101 become dreams.

"Free Speech, No Compromise"

Granting the limited exceptions already found by the Supreme Court, amen. Amen.

Related: "Islamo-non-phobia, and the value of defiance".

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