Tag Archives: wealth

An example of private property helping the poor

I finished listening to an old EconTalk podcast, during my commute this morning. Russ Roberts was talking to Karol Boudreaux about her fieldwork on property rights and economic reforms in Rwanda and South Africa. They spent the first half of the conversation talking about Rwandan reforms and the second half talking about South African reforms. …

Destroying "Clunkers" for Cash

Does this make you sad, or is it just me? I think there’s something incredibly barbaric and degrading about destroying a perfectly good piece of machinery. A well maintained engine can run for more than a hundred thousand miles. It seems almost sacreligious to just destroy it out of hand.

To receive government reimbursement, …

Who Are the Rich?

David Bernstein talks about the rich:

My friends in this income bracket [$250-380K] tend to have have high mortgages, work 60-80 hours a week, pay 40-50K or more a year for child care (a nanny is necessary when you often work into the late evening–and even day care for two kids in the DC …

Don't Fear the Rich

Who should you fear more, rich people or your local government bureaucrats? That’s an easy question. You should fear the nice lady down at Village Hall. She has far more control over your life than any member of the upper class.

Walter Williams states it beautifully.

Warren Buffett and Bill Gates, with about $60 billion …

Working Hard — But Not at Home

Many people like to point out how Americans work harder — and longer — than the rest of the world. Many leftists like to point out that America’s work / life balance is out of whack and that we need to spend more time at home and less time at the office.

Maybe.

But we don’t really …

Age of Wonders

Bill Quick sends an e-mail to Glenn Reynolds:

So I’m out on my bike today – it’s gorgeous in SF – and I stop by the Bay for a breather and just to sit and watch the sailboats gliding under the Bay Bridge.

I open my backpack and drag out my …

Aston Martin DB6 Couch

Here’s another symbol of how rich our country is: the Aston Martin DB6 Couch:

This couch is an exact replica of an Aston Martin DB6 rear end. It’s painted in a classic Aston Martin color, Silver Birch. The red leather is finished off with a Y-stitch on each cushion. Polished to perfection, this …

24 or "How Far We've Come"

You really should watch this parody of ”24”. Not only is this hilarious, but really — isn’t life a lot better than it used to be?

Why Are We Rich and They Poor?

Mary Anastasia O’Grady wrote in the Wall Street Journal about the findings of the latest Index of Economic Freedom.

”The evidence is piling up that neither government nor multilateral spending on education and infrastructure are key to development. To move out of poverty, countries instead need fast growth; and to get that they need …

Reverse Imperialism

I was just flipping through my newsreader and saw an interesting headline: Tata Pulls Ford Units Into Its Orbit:

Tata Motors said that it was entering detailed talks with Ford about the takeover of Jaguar and Land Rover, confirming what investors and analysts have anticipated for months.

I’ve been reading The Downing Street Years by …