South Capitol Street

(Jonathan H. Adler) Yesterday the Environmental Protection Agency (EPA) announced it was entering into two proposed settlement agreements to regulate greenhouse gas emissions from fossil fuel-fired power plants and oil refineries under the Clean Air Act.  The two agreements resolve lawsuits filed against the EPA by several states and environmental groups seeking the imposition of [...]

How the US saved China from nuclear war. The UN,  North Korea, Iran and the nukes. The General’s stars. The Tea Party’s critical test is still ahead. Be a woman, support Pelosi who is also one.   1. According to Russia’s Izvestiya, which is a “Putin-paper”, the Chinese Party’s central organ has published what is [...]

CBC.ca No Time Like Present for Brewers, GreinkeFanHouseThe Brewers last won a division title in 1982. They'll likely lose slugger Prince Fielder to free agency next winter. Impressive drafts under Jack Zduriencik years ago have given them enough talent to both maneuver in the trade markets …Brewers pull off a stunner by landing Greinke from [...]

I dote on bobbleheads and am a card carrying member of the Cult of Cthulhu, so this seemed highly appropriate: ProfessorBainbridge.com

There’s a lot of attention being paid to yesterday’s landslide vote in the House to prevent a big tax increase next year. If you’re a glass-half-full optimist, you will be celebrating the good news for taxpayers. If you’re a glass-half empty pessimist, you will be angry because the bill also contains provisions to increase the [...]

That bold statement may seem like hyperbole, but there is now a very clear pattern in the scientific evidence documenting that the earth is warming, that warming is due largely to human activity, that warming is causing important changes in climate, and that rapid and potentially catastrophic changes in the near future are very possible. [...]

Three weeks ago, Democrats took what President Obama dubbed a “shellacking” at the polls: Republicans picked up 62 seats in the House, enough to gain a majority, and six in the Senate. The next day, the post-election analysis and finger-pointing began. Defeated Democrats blamed the President. Defeated Republicans blamed the media and the Washington establishment. [...]

The answer to John Holbo’s riddle is that the tax base should be oriented much more toward natural resources and consumption than it currently is. Taxing investment is in effect a way of taxing the future to pay for the present in a way that doesn’t make a ton of sense when you think about [...]