Random Links XXII

Oil Tariffs:

http://www.portfolio.com/views/blogs/market-movers/2008/12/12/free-marketeers-for-wage-and-price-controls

I do favor oil tariffs similar to Blodget’s proposed gas tax (i.e., not a set amount, but adjusted over time to be the difference between the market price and a given price floor).  But I favor them not as a means of raising revenue, but rather as a means of establishing a price floor.  If oil importers raise their prices to be just below the set price floor, that might deprive the US government of revenue, but the price floor would remain – which is the important thing.  Who gets the money from the high (imported) oil prices resulting from such a tax is less important to me than the existence of such prices – since it is higher oil prices (not federal revenue from an oil tariff or gas tax) that are necessary to spur conservation & alternative domestic sources of energy.

Detroit Decline & Fall:

http://weeklystandard.com/Utilities/printer_preview.asp?idArticle=15945&R=13D452279D

St. George Tucker Lecture Notes:

http://colloquy.law.northwestern.edu/main/2008/12/the-lecture-notes-of-st-george-tucker-a-framing-era-view-of-the-bill-of-rights.html

Men against fire:

http://economix.blogs.nytimes.com/2008/12/23/the-economics-of-warfare-why-do-soldiers-fight/

Science & Replication:

http://www.fraserinstitute.org/newsandevents/news/6512.aspx

http://www.portfolio.com/views/blogs/market-movers/2009/02/18/when-academic-papers-arent-replicable

It would be deeply worrisome if the “Hockey Stick” were the rule, not the exception….

Biotech & Crop Research:

http://www.nytimes.com/2009/02/20/business/20crop.html

Perhaps we should mandate licensing of seeds, etc. to researchers, as a condition of patent rights.

Entitlement of the Cognitive Elite:

http://www.nytimes.com/2008/03/16/books/review/Gessen-t.html

http://thegspot.typepad.com/blog/2008/04/inequality-and.html

Incompetence of the Jedi:

http://www.marginalrevolution.com/marginalrevolution/2005/05/the_public_choi.html

Prosper.com Meets Mortgage Lending:

http://thomasbarker.com/content/orphaned-mortgage-article

Real-Life YoSaffBridge:

http://prosperlending.blogspot.com/2007/06/prosper-scam-story-of-jessica-wolcott.html

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