Economics Links–06.23.08
by Sean Hackbarth
- President Bush’s tax cuts gave all those who pay taxes a tax cut at the same time the wealthy paid a greater share. [via Greg Mankiw]
- Because they’re looking for higher returns and diversification China is planning ways to buy stakes in foreign companies. but they want to do it in ways that minimize political flare ups. [via Brad Setser]
- Rising gas prices have caused changes in the demand of related goods. Some more interesting ones include camels, mules, and manual-powered lawn mowers.
- SEC chief Chris Cox is taking heat for not being vocal and appearing to be inactive during the credit crisis.
- By using farm subsidies as an example in one paragraph Don Boudreaux succinctly illustrates the public choice concept of concentrated benefits and dispersed costs.
Ross Perot comes back out with his Economic charts, If you are interested here’s the link
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http://perotcharts.com/http://perotcharts.com/
Enjoy