The Calculus of Deficit Spending
Mathematicians often rely on the old saw that a picture is worth a thousand words. The picture displayed above is Coyote Morning Ugly. Christopher Rupe and Nathan Martin of EconomicEdge.Com have examined the marginal utility of America’s continued deficit spending over time. Quite simply put, each year’s deficit spending produces less present value per dollar spent.
Europe Should Demand Stupidity Reparations From The Greeks
The Greeks have officially gone from the brilliance of Aristotle to the bovine scatology of Reverend Al Sharpton. I look back on the whole experience of reading The Crito, and realize that Socrates really did have a point when he drank the hemlock. A Greek Member of Parliament demonstrated why friends don’t let friends drink the Jones-Flavored Cool-Aid of identity politics. “How does Germany have | Read More »