Economics in One Lesson by Henry Hazlitt Click here to download a pdf
Defending the Free Market: The Moral Case for a Free Economy By the Rev. Robert Sirico Is written so well and so conversationally it is a very easy read. Buy it on Amazon here.
WEBSITES AND BLOGS I LOVE! Click on the name to get there.
BY THE NUMBERS BLOG This is my nerd friend David's blog about economics. You've heard him on the show and now you can read his stuff too!
BLUEGRASS INSTITUTE Free market solutions for Kentucky
MICHELLE MALKIN Great blog site with interesting links
BREITBART.COM Even dead he's still shaking things up from the grave
BLUEGRASS POLITICS If you are glutton for punishment
REMEMBER WHEN YOU WENT TO A PARTY IN HIGH SCHOOL? You remember the one where so and so's parents were out of town and they were told not to have ANYONE over but they did anyway and everyone was drinking and people got drunk and made fools of themselves? Yeah, now the parents in Shelbyville will be guilty of a crime if that happens. More on that in the am.
ISN'T ENOUGH PROPERTY OFF THE TAX ROLLS BECAUSE OF THE U OF L? U of L is developing a business park at the ShelbyHurst property and they want a tax increment financing district to pay back the bonds they floated to develop the property. There is so much wrong with this. First, I've read numerous stories as of late about businesses moving out of downtown into the suburbs. Council President Jim King is rightly concerned that this business park will do more of the same. I tend to agree. If there were a shortage of office space in this town, this may make sense. But there isn't, as downtown vacancies are higher than they should be. This is a bad idea and I hope Jim King leads the charge to just say no.
WHAT'S MORE IMPORTANT? LIBERTY OR SECURITY? This phone tapping thing is really exposing the divide in this country between people (John McCain) who believe the government should snoop on everyone in the hopes of stopping a terror attack and the people (Rand Paul) who worry about the slippery slope we are careening down towards a state where nothing is private the government knows all about everyone. Which do you want to live in? I've got Rand Paul's back on this a 1,000%.
AT LEAST TAXES WENT DOWN ON SOMETHING Even if it's something totally gross that I wish didn't exist. No offense to any of you addicted to this crap.
I WONDER IF HE GETS HOW IRONIC HIS LOCATION IS So the leaker of the NSA wiretap program has gone public. And he leaked the documents and took off for somewhere he believed "they have a spirited commitment to free speech and the right of political dissent". Where is this magical Shangri-La? Hong Kong. You know, the city that's still part of Communist China. Where they do neat things like suppress their own people by firing live ammunition at protesters in Tiananmen Square.
IS COLLEGE ABOUT LEARNING OR JUST GOING? In this entirely snobby column from Forbes, the author (likely a Stanford graduate) argues that the reason there is no college "bubble" is because people are always going to pay exorbitant prices because going to the right school opens doors that would otherwise remain closed. If this is true, this is a game I don't want to play.
SO HOW ARE THOSE GREEN ENERGY PROGRAMS IN SPAIN WORKING OUT? Not so good. So bad, in fact that the Spanish government is cutting subsidies in an effort to get rid of the epic government deficits. This will put many solar companies out of business with a trickle down hit for banks who loaned them money for projects the government said it was a good idea. This as electricity costs have skyrocketed in the past decade. And this is what we are emulating here. Sounds really smart to me.