Archive for the “Subsidize This!” category

How Much Will the Bailout Cost You?

September 21, 2008

FT is reporting that the cost of the bailout will be upwards of $700 Billion. That’s a lot of lettuce.
Assuming 150M taxpayers in the U.S., that works out to about $5,000 per person. That’s the right now cost. If it had to be paid for right now, it couldn’t be done. [...]

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Posted in: American Politics, Economics Lessons, Subsidize This!, Taxation is Theft | 4 Comments


Comments on Comments #23

August 7, 2008

Regarding the Zoo millage, which passed overwhelmingly:
“I’m thrilled,” said Liz Kaczmarek, 30, of Clinton Township, who takes her nieces and nephews to the zoo frequently. “I don’t know a person who knows about the zoo millage who said they were going to vote no.”
I didn’t vote at all.  But even if I had, Liz, you [...]

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Posted in: Economics Lessons, Michigan, Subsidize This!, Taxation is Theft, gold bugging, personal finance | Be the First to Comment


Economies of Scale, the Faustian Bargain

July 24, 2008

Some people say that Wal-Mart does a good job providing low-cost goods, and its success is indicative of its superior ability to satisfy customers. But I can win any game, if I’m allowed to write and re-write the rules on a whim.
Consider that recently, Wal-mart favored the recent minimum wage hike.  Already paying its employees [...]

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Posted in: Agora!, Subsidize This!, ponderings | Be the First to Comment


The Peak Oil Myth

March 25, 2008

Some people find my blog by searching for “peak oil myth.”
Although I’ve previously said things like, “Oil isn’t running out, yet. And it never will,” I’d like to clarify here: peak oil is definitely not a myth. There will come a time when the production of oil will diminish at accelerating rates, and [...]

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Posted in: Economics Lessons, Subsidize This!, Taxation is Theft, environmentalism | 4 Comments