Dispatch From Lisbon

By: Repair_Man_Jack (Diary)  |  November 27th at 10:45 AM  | 

“There appears to be an enormous divergence between what the Portuguese believe the state should deliver and the amount of taxes they are prepared to pay,” he told parliament recently.

– Vítor Gaspar, Portuguese Minister of Finance (HT: Ft.com)

It helps from time to time to get out that old set of notes from Economics 101 and give them a snappy re-read. On day 1 of the class, you get introduced to The Fundamental Problem of Economics. This cute little chestnut states that economics attempts to meet insatiable demand with limited resources. No feasible solution exists that is also optimal. The debate thus ensues over who gets fed and who gets (expletived).

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An Inside Look at the Israeli and Palestinian Conflict

By: Ben Domenech (Diary)  |  March 24th at 10:28 AM  | 

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss Portugal’s need for a bail out, then Captain Neta Gerri of the Israeli Defense Force talks about the possibility of a new Gaza war, the conflict with the Palestinians, and more. We’re brought to you as always by BigGovernment and Stephen Clouse | Read More »