Is up at the Business Opportunities Weblog. Whether your political economic stance is left, right or orthoganal the collected posts should provide plenty of mental stimulation.
There’s money and sex, socialism and capitalism, health care and much, much more.
Via Catallarchy.
This kind of speaks for itself:
The Kentucky crime labs have actually eliminated a backlog of drug cases that have plagued our courts for years.But just in case it does not, contemplate these same resources being applied to health care or infrastructure projects or tracking down perpetrators who have actual committed a crime against someone else or simply leaving the money in the hands of the taxpayers it was taken from to make a local decision on how the money would be best used.
The six crime labs have handled 16,000 drug cases since January and no cases older than 60 days remain.
….
The six labs in the state have 140 analysts and support staff to handle cases from about 400 law enforcement agencies.
Their caseload nearly doubled from 20,700 in 1989 to 40,000 in 2003.
A lot of these cases also had to be sent to private labs to enable them to catch up.
Kevin Drum looks for the cause of the large increase in compensation received by CEOs of large companies (undefined):
Is this the free market at work? That’s what I’m told. So I have a contest in mind: a prize for the least laughable explanation for why CEO pay has gone up 7x since 1980 based on supply and demand. At a minimum, winning entries should explain the following:The comment thread to Kevin’s post will provide lively discussion about his questions and the apple and orange comparisons that led to them.
*Why the supply of CEOs has decreased.
*Why the demand for CEOs has increased.
*Why the elasticity of the CEO demand curve is apparently steeper than for any other commodity on the planet.
Or measuring the full impact of the embargo on trade with Cuba.
Via Zombyboy.
Sadly, No! hammers David Frum and then Brad Delong piles on and regarding Frum’s discussion of Canadian economic growth asks:
Why does Frum think–as he appears to–that increases in the government have consumed 2/3 of economic growth–45 as a share of 67–rather than 1/8 of economic growth–60 as a share of 490? As a Harvard man, I cannot shrink from the necessary and inevitable conclusion: Yale must be in some way responsible.That Yale processed both Frum and bush does not bode well for the next 4 years be it a bush or kerry administration.