It’s no surprise food prices have gone up, but the government reports they haven’t risen this much since 1990:
Food prices have risen 6.1 percent in the past three months on a seasonally adjusted annual basis. The one-month rise between March and April of 0.9 percent was the biggest since January 1990, according to the Bureau […]
Bravo to Rep. Ron Kind (D-WI). He went to the well of the House and urged members to vote against the farm bill.
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John Aravosis finally realizes the Clintons are all about themselves:
The Clintons don’t give a damn about our party. Their party, their church, is themselves. To hell with everyone else. I actually liked Hillary up until a few months ago. Other bloggers used to tell me that Joe and I were too nice to Hillary. People […]
U.S. foreclosures are up 65%.
Consumer prices rose only 0.2% in April. That wasn’t as high as expected due to unchanged energy prices.
Tom Meyers “likes” the new farm bill so much he’s thinking of planting soybeans, corn, and cotton in front of the U.S. Chamber of Commerce’s offices.
Dean Baker wishes the Wall Street Journal talked to […]
I hold my head in shame for missing Friedrich Hayek’s birthday. He only changed the way I look at economics and social science. He is my intellectual idol.
Don Boudreaux offered a quote from Law, Legislation, and Liberty, Vol. 1: Rules and Order. I’ll give you a passage from “The Use of Knowledge in Society“:
I […]
Another special election means another loss for the Republicans:
Democrat Travis Childers won Tuesday’s Mississippi special election runoff for Sen. Roger Wicker’s (R) former House seat, handing Democrats the biggest of their three special election takeovers this cycle and sending a listless GOP further into a state of disarray.
Childers led GOP candidate Greg Davis 53-47 with […]
Robert Stacy McCain doesn’t think conservative pundits are fessing up to the potential Republican bloodbath in November:
So far as polls can forecast, then, Republicans are sailing for a November electoral disaster on the scale of 1964 or ‘74. Meanwhile, we see the GOP standard-bearer distancing himself still further from the party’s conservative base, e.g., endorsing […]
Those who think man-made global warming is no worry and those who can’t stand Sen. McCain running away from conservatives will scream knowing the McCain campaign is selling “green” schwag. The $50 (!) polo shirts are biodegradable with 70% bamboo and 30% cotton. Clothes made out of woody grass doesn’t sound comfortable. The hats are […]
What about Mike Huckabee as Sen. McCain’s running mate? Politically it’s not a horrible idea.
A potential plus with Huckabee on the ticket would be his ability to generate earned (free) media. He ran for a long time on a tiny staff and little money. McCain’s fundraising has been pitiful. The personable and tireless Huckabee would […]
Owen Robinson spotted announcement that Gov. Jim Doyle signed a Memorandum of Understanding with the United Kingdom involving climate change. He thinks it’s unconstitutional. From my glance it looks more like feel-good symbolism over substance. It “encourages collaboration between Wisconsin and the U.K. in researching and sharing new technologies, experiences, and solutions, as well as […]
There’s plenty of talk about Sen. McCain’s cap-and-trade idea to reduce carbon emissions. So I devoted this edition to it.
Greg Mankiw wants the government to sell the credits to create a quasi-Pigovian tax.
The Wall Street Journal editorial board hates the idea.
Robert Lawson would prefer the government give the carbon credits away.
Larry Kudlow grimaces at the […]
To Hot Air commenters:
Sen. John McCain isn’t a liberal. The GOP isn’t controlled by liberals and moderates. (Do name names if you think so.) McCain won the nomination because conservatives were divided among the other candidates, none who really inspired (including my guy, Fred Thompson). No other candidates crushed him when he was down, so […]
Speed Racer wasn’t so hot at the box office. The live-action movie with Lite Bright backgrounds based on a bad cartoon failed to knock off Iron Man.
You have seen Iron Man, haven’t you?
[picture via zarzoso]
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The Law of Demand strikes oil. Oil’s high price caused Chinese imports to decrease.
Bond insurer MBIA reported $2.4 billion in losses for the first quarter.
So far, Super Bowl XLII has been an economic black hole for Glendale, AZ.
Arnold Kling has some research ideas for future economics grad students.
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It’s interesting that Oregon’s Gov. Ted Kulongoski appeared at Sen. McCain’s speech on global warming. This will continue McCain’s tactic of reaching out to non-Republicans. It’s also a sign conservatives have to rethink a few things to better sell limited government to the public. We have to formulate ideas people care about and push them […]
