Day: October 11, 2006

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Tales from the crypt

A key assumption for those who believe the U.S. economy will continue to slide as a result of the mounting deficit, is that balancing the national budget is itself a great good, no matter how it’s done, says the Wall Street Journal.

Some are even pointing to the Nordic model of

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Increasing economic freedom increases economic growth

American states that have lower taxes, smaller government and flexible labour markets tend to have comparatively more economic growth. An annual report from the National Center for Policy Analysis (NCPA) and Canada’s Fraser Institute attempts to quantify each state’s economic freedom, and then examine what this means for economic growth.

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Belgium’s culture of crashes

An old rule of thumb – always yield to any vehicle coming from one’s right – coupled with a shortage of stop signs makes driving in Belgium a dangerous proposition, says the Wall Street Journal.

To make matters worse, cars on many of the smallest side streets still qualify for priority

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Congressional hearings break hockey stick

Experts testifying before a U.S. Congressional subcommittee said a graph used by some environmentalists to illustrate “unprecedented global warming in the twentieth century” is fraudulent.

The “hockey stick” depicts relatively stable temperatures from A.D. 1000 (and in later versions from 200 A.D.) to 1900, and a dramatic temperature increase from 1900

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Minimum wage hikes hurt low-skilled individuals

A new study by the Employment Policies Institute (EPI) on the impact of Missouri’s ballot initiative to raise the minimum wage shows that not only would a hike put low-skilled adults out of work, but over 80 per cent of the benefits would go to families that aren’t poor.

According to

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