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Archive for December 21st, 2012

Pop Quiz

Friday December 21st, 2012   •   Posted by Burt Abrams at 1:15pm PST   •   6 Comments

I’ve been asking a number of friends (mostly Democrats) if they could guess the amount of gross public debt that exists for each U.S. taxpayer. No one has come close. Now with final exams in progress in universities, I reckoned a pop quiz was in order for the readership. So here it is (no peeking at the…
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Blowing in the Wind: Taxpayers’ Dollars

Friday December 21st, 2012   •   Posted by Burt Abrams at 1:09pm PST   •   2 Comments

The infant-industry argument claims that tariff protection is needed so that fledgling industries can grow up and fend for themselves. History taught us that these industries rarely, if ever, grow up. Today, due to the rules of the World Trade Organization, tariff protection is no longer a viable policy tool. So what’s an infant industry to do? Seek subsidies, of course. The year 2012 marked…
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Fed Otter Ban a Bust

Friday December 21st, 2012   •   Posted by K. Lloyd Billingsley at 12:18pm PST   •   2 Comments

For 25 years the federal government has been trying to ban sea otters (Enhydra lutris nereis) from vast reaches of the Pacific Ocean off California. Now the U.S. Fish and Wildlife Service says the plan was “harmful” and “futile.” The translocation program, therefore, “should be considered a failure.” Otter advocate Steve Shimek told the…
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