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"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
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About Me
- Randall Parker
- I am a Professor of Economics at East Carolina University in Greenville, NC. My research focuses on macroeconomics and economic history in general and the economics of the Great Depression in particular. I have authored two books, Reflections on the Great Depression and The Economics of the Great Depression: A Twenty-First Century Look Back at the Economics of the Interwar Era and edited The Seminal Works of the Great Depression. I am currently working on my fourth book Interwar Historical Antecedents of Modern Inflation Targeting and I am the co-editor (with Robert Whaples) of The Handbook of Major Events in Economic History and The Handbook of Modern Economic History. I have also traveled the country giving speeches on the state of the macroeconomy and other economic issues to many trade and business associations. When I am not thinking about the economy I am either chasing ducks, handicapping horses or arranging a fine dining experience. Lastly, the opinions expressed on this blog are mine alone and do not reflect upon East Carolina University in any way or manner, in whole or in part, now and forever more under the canopy of heaven.
Blog Archive
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2009
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October
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- Trick or treat?
- House kicks out a health bill.
- Just a few short years ago...
- Randy Parker Hall of Fame: Democrats who just say ...
- You really need to read this. Thanks to Dr. Rothma...
- Quote of the day....
- I'm from Chicago. This is how we get things done. ...
- Take a look at this...this is called pathetic capa...
- No place to hide....
- Brent Andrews goes hunting: Part II
- My kinda girlie....
- Really neat analysis.
- Panic in Detroit. Want to know where we are headed...
- As sure as the sun rises....
- Cochrane responds to Krugman.
- Sooner or later, we have to decide what we will an...
- Joe Jihadi meets a Predator Drone.
- It's the opening day of deer season in NC! Watch m...
- 150 years ago the world learns of the name of John...
- Please take this for the humor for which it is int...
- This is outrageously funny!
- I really like this guy.
- Some intelligence briefing on Iran
- From www.Stratfor.com
- From our friends at www.calculatedriskblog.com
- Great Idea...with no chance of passing.
- English Springers are my favorite. Dogs make life ...
- The Battle of Tours: October 10, 732
- Petraeus for president, McChrystal for vice presid...
- Friday morning taxation musings. Nancy mentions th...
- This is why I do not "twitter" or "tweet". Is ther...
- I can't get these out of my system.
- The Fed's new balance sheet.
- Here is some real clear thinking about income ineq...
- Now we are talking...Where economics meets horse r...
- Belgian Jihad.
- Social Security in a nut shell: Part III
- Social Security in a nut shell: Part II
- I'm speechless except to say hooray for Dick Durbin!
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October
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Labels
- Alumni/Advancement Council Scholarship Golf Tournament (7)
- April Fools (1)
- Bailouts (12)
- Barney Frank (8)
- Beauty (6)
- Bubbles (1)
- Cars and Trucks (5)
- Charles Krauthammer (3)
- China (1)
- Class Warfare (1)
- Cool Video (56)
- Debt and Deficits (16)
- Deflation (8)
- Dogs (35)
- Economic Growth and Advancement (58)
- Economics of Health Care (55)
- Entitlement 800 pound Gorilla in the corner (15)
- Europe (32)
- Financial Markets (61)
- Fiscal Policy (71)
- Football (15)
- Foreclosure/Subprime (46)
- Foreign Policy (28)
- Funny Stuff (83)
- General Economics (12)
- Gold Standard (13)
- Government Bologna (10)
- Great Depression (28)
- Hall of Fame (22)
- Henry Waxman (2)
- Horse Racing (47)
- Hunting Fun (19)
- I saw it coming. (2)
- Immigration (1)
- Important Dates in History (7)
- Income Distribution (1)
- Inflation (12)
- Investing (8)
- Joe Jihadi has a bad day (27)
- Lessons (7)
- Milton Friedman (5)
- Monetary Policy (119)
- Moron Hall of fame (5)
- Nancy Pelosi (5)
- Nice Guys (3)
- Nobel Prize (1)
- North Korea (2)
- Patriotism (7)
- Politics (5)
- Poverty (2)
- Presidential Trends (3)
- Property Rights Crimes (4)
- Public Speaking (3)
- Recession (36)
- Recovery (8)
- Religious Rubbish (1)
- Schmuck Hall of Shame (4)
- Stupid stuff (1)
- Taxes (35)
- The Distribution of Income (4)
- The Midas Touch (1)
- Thought for the day (1)
- Trade (17)
- True Wisdom (5)
- U.S is going to become France (16)
- Unemployment (14)
- Utter nonsense (23)
- Video Blogs (29)
- Vouchers (6)
- War on Terror (25)
- World Oil Markets (16)
2 comments:
Good Job --- Professor ... keep these cock-a-roaches in Washington on their toes!!!
A couple of quick thought on your points this morning even though I am preaching to the choir.
Individual mandate- yes this takes away ones right to choose but it also eliminates free riders and I support this.
Employer mandate- This is a job killer. What company will hire more than the maximum number of workers (25 under current bill)? Furthermore, an 8% payroll tax will cost far less than buying insurance for the all the employees. How many companies will pay the tax and cancel their current insurance policy?
Tax on medical equipment- Who is going to pay the tax? If Medicare is paying the tax is the government just taxing itself?
Surcharge on the wealthy- dumb
Tax on Cadillac health plans- This makes a lot of sense because tax deductable insurance should not be paying for ridiculous benefits like weekly foot messages.
Medicare and Medicaid savings- If the proposed savings are going to come from eliminating waste fraud and abuse why do we need a new law? Just enforce the existing laws.
VAT- How will they ensure that the people making less than 250k will not pay any additional taxes? I suppose I will need to save my receipts for the entire year and include them with my already too simple to fill out tax return.
Nice to see your smiling face this AM
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