The Cynical Economist

Extreme value…

admin — Thu, 17 May 2012 05:15:11 +0000

Daily Readings 05-16-2012

admin — Wed, 16 May 2012 13:21:29 +0000

You Paid for It! Stimulus Dollars Fund Studies into Sexual History and Erectile Dysfunction The NBC Investigative Unit has raised questions about two grants totaling nearly $1.5 million dollars distributed to the University of California San Francisco. The money was part of the federal stimulus program and went to studies into the erectile dysfunction of [...]

Daily Readings 05-14-2012

admin — Mon, 14 May 2012 17:45:54 +0000

This Is Not a Joke: Government Issues Study of a Study About Studies The study of a study of studies began in 2010 when Defense Secretary Robert Gates complained that his department was “awash in taskings for reports and studies.” He wanted to know how much they cost. California Deficit Swells to $16 Billion, Governor [...]

The Weight of a Nation

admin — Fri, 11 May 2012 03:53:01 +0000

Fat Future: 42% of Americans May Be Obese by 2030 By 2030, 42% of Americans will be obese and 11% of Americans will be severely obese, Duke University and CDC researchers predict. These shocking numbers actually are conservative, note study researchers Eric A. Finkelstein, PhD, and colleagues. Finkelstein’s team based its calculations on self-reportedweight and height from people [...]

Daily Readings 05-10-2012

admin — Thu, 10 May 2012 13:10:11 +0000

Yes, corporations are people - This is a must read article (watch video), by Steven Horwitz -Professor at St. Lawrence University… Austerity Is Blamed Denial is leading to collective economic suicide in Europe and the United States. The French on Sunday elected a socialist president who wants to raise taxes on those elusive rich and keep spending as [...]

Daily Readings 05-08-2012

admin — Tue, 08 May 2012 18:17:58 +0000

How Mitt Romney’s Campaign Put A Damper On Obama’s Big Day Romney Deputy Press Secretary Ryan Williams was in the audience at the OSU rally, and tweeted a picture of the empty seats — which instantly got picked up by conservative blogs. After Obama’s remarks he was swarmed by local reporters, and after giving them [...]

Daily Readings 05-04-2012

admin — Fri, 04 May 2012 05:08:22 +0000

The Results Are In: Conservative States Prosper, While Liberal States Decline …the American Legislative Exchange Council (ALEC) has remedied that deficiency with its study “Rich States, Poor States,” the fifth annual edition of which was released earlier this month. Authored by famed supply-side economist Arthur Laffer,Wall Street Journal economic guru Stephen Moore and ALEC’s own Jonathan [...]

The Next Pension Crisis

admin — Thu, 03 May 2012 13:00:49 +0000

From The Weekly Standard BY MARK HEMINGWAY Talks between the Newspaper Guild of New York and the New York Times have been heated. In late March, the union forced the paper to drop its proposal to extend the workweek at the Times to 40 hours—any work over 35 hours and the paper has to pay overtime. The Times’s management bitterly noted [...]

Elizabeth Warren: I Only Said That I Am A Minority So I Could Be Invited To Lunch With Native Americans…

admin — Thu, 03 May 2012 02:25:41 +0000

From Boston Herald By Hillary Chabot Democratic Senate candidate Elizabeth Warren, fending off questions about whether she used her Native American heritage to advance her career, said today she enrolled herself as a minority in law school directories for nearly a decade because she hoped to meet other people with tribal roots. “I listed myself [...]

Daily Readings 05-02-2012

admin — Wed, 02 May 2012 13:01:48 +0000

California Assembly OKs bill on gay contractors - Whites, non gay contractors do not apply? Sure it is not a requirement, but why pass a law to identify what are they? Another “fine” creation of the looney tunes state… For the first time, California would ask its contractors if they are gay under legislation passed Monday by the Assembly. The measure, Assembly Bill 1960, would [...]

College Education…..” What Is It Good For? “

admin — Wed, 02 May 2012 11:43:37 +0000

College Education! huh-yeah What is it good for? Absolutely nothing Uh-huh First lets start with Paul Krugman’s post at NYT April 29th 2012 - “Wasting Our Minds” . In it he attacks Mitt Romney calling him a silver spoon born elitist, who doesn’t care about the struggles of the young people seeking higher education and just encourages them to borrow and risk money to get [...]