Category Archives: Economics

Is Detroit Really Rising?

I was perusing a recent article over at the Atlantic’s City edition entitled “How Detroit Is Rising,” noting the glowing opinions of various community groups in the city about their prospects. I found Detroit’s June 2011 audit from their website … Continue reading

Posted in Accounting Standards, Economics, Government Failure, Municipal Debt, Unfunded liabiltiies | Leave a comment

Dividend Payouts and Opportunity Cost

Walter Olson’s post yesterday at Cato examines one Maryland councilman’s confused logic regarding dividend payments by a local utility to shareholders. This somewhat dated report from the House’s Joint Economic Committee outlines the broadening ownership of the reviled shareholders mentioned … Continue reading

Posted in Distribution, Economics | Leave a comment

“Why Americans Hate Economics”

The WSJ runs an article criticizing the recent inane economic views espoused by the White House regarding unemployment insurance. The author was incited by Laura Meckler’s question to White House Press Secretary Jay Carney regarding unemployment insurance. The story has … Continue reading

Posted in Economics, Government Failure | 2 Comments