Wednesday, April 7, 2010

Nearly half of US households escape fed income tax - Yahoo! Finance

Nearly half of US households escape fed income tax - Yahoo! Finance: "About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability. That's according to projections by the Tax Policy Center, a Washington research organization."

Computer Science Loses to Math in New Hiring Formula - WSJ.com

Computer Science Loses to Math in New Hiring Formula - WSJ.com: "Rather than looking for just plain-vanilla computer scientists, who typically don't have as deep a study of math and statistics, companies from Facebook Inc. to online advertising company AdMob Inc. say they need more workers with stronger backgrounds in statistics and a related field called machine learning, which involves writing algorithms that get smarter over time by looking for patterns in large data sets"

RealClearPolitics - What Am I?

RealClearPolitics - What Am I?

"David Boaz, executive vice president of the Cato Institute, took the discussion to a deeper level.

"Instead of asking, 'What should we do about people who are poor in a rich country?' The first question is, 'Why is this a rich country?' ...

"Five hundred years ago, there weren't rich countries in the world. There are rich countries now because part of the world is following basically libertarian rules: private property, free markets, individualism."

Boaz makes an important distinction between equality and absolute living standards.

"The most important way that people get out of poverty is economic growth that free markets allow. The second-most important way -- maybe it's the first -- is family. There are lots of income transfers within families. Third would be self-help and mutual-aid organizations. This was very big before the rise of the welfare state.""

War on Interns - WSJ.com

War on Interns - WSJ.com

Peter J. Wallison and David Skeel: The Dodd Bill Means Bailouts Forever - WSJ.com

Peter J. Wallison and David Skeel: The Dodd Bill Means Bailouts Forever - WSJ.com

Sunday, April 4, 2010

Globish: the worldwide dialect of the third millennium | Robert McCrum | Books | guardian.co.uk

Globish: the worldwide dialect of the third millennium | Robert McCrum | Books | guardian.co.uk: "So here's the sales pitch. Globish is not about the making of a 1500-word vocabulary, but about the way in which Indians, Chinese and many Africans are now turning to English as a liberating and modernising phenomenon (last year, the government of francophone Rwanda not only applied to join the British Commonwealth but also declared English to be the official language of the country)."

Glenn Harlan Reynolds: Progressives can't get past the Knowledge Problem | Washington Examiner

Glenn Harlan Reynolds: Progressives can't get past the Knowledge Problem | Washington Examiner: "Obamacare was supposed to provide unicorns and rainbows: How can it possibly be hurting companies and killing jobs? Surely there's some sort of Republican conspiracy going on here!

More like a confederacy of dunces. Waxman and his colleagues in Congress can't possibly understand the health care market well enough to fix it. But what's more striking is that Waxman's outraged reaction revealed that they don't even understand their own area of responsibility - regulation -- well enough to predict the effect of changes in legislation."