In 1777, when Britain received words of the drubbing its forces had suffered at Saratoga to the American rebels, a friend of Adam SmithĢƵ exclaimed that “the nation was ruined.” The wise philosopher calmly replied: “There is a great deal of ruin in a nation.” That proposition is about ...
Some of the great eternal questions are, “What is the sound of one hand clapping?”; “If a tree falls in a forest, and no one hears it, does it make a sound?”; “Is the Pope Catholic?”; “Do these pants make my butt look big?”; “Who drank all the orange juice then put the empty ...
The big question in todayĢƵ election, of course, is whether the country will elect Democrat Hillary Clinton or Republican Donald Trump as its next president.The key for both of them will be Pennsylvania with its 20 votes in the Electoral College, and crucial to taking the commonwealth will be ...
Trump or Clinton?No one has a clue who will win on Election Day.The polls are narrowing, as they always do, but they’re still all over the place or within the margin of error.Maybe Wisconsin will flip to red.Maybe millions of ColoradoĢƵ potheads will vote for Trump.Maybe this time enough ...
Tax policy received scant attention in the presidential debates, but when it did both candidates displayed a serious lack of understanding regarding at least one critical component of the tax code: carried interest. Although arcane in nature and unheard of by most, carried interest is a tax ...
Donald Trump has staked his presidential campaign on a nightmarish assessment of the U.S. economy.FridayĢƵ jobs report from the Labor Department, the last before Election Day, confirms once again that his view is wrong. Unemployment fell to 4.9 percent, as employers expanded payroll by ...