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A look at the lousy situation Rhode Island is in, how we got here,
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Budget Demystification!
Fiscal Derring-Do!
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Available Back Issues:
- Aug 09 (38) - How your government's
economic policies have worked against you. What a fake nineteenth
century nun can teach us about the tea party protests.
- Jun 09 (37) - Statistics of
optimism, the real cost of your government. Judith Reilly on
renewable tax credits. Review of Akerlof and Shiller on behavioral
economics.
- Apr 09 (36) - Cap and trade, the
truth behind the card check controversy, review of Governor's tax
policy workgroup final report.
- Feb 09 (35) - The many varieties of
market failures, and what classic economics has to say about them,
review of Nixonland by Rick Perlstein.
- Dec 08 (34) - Can "Housing First"
end homelessness? The perils of TIF. Review of You Can't Be
President by John MacArthur.
- Oct 08 (33) - Wage stagnation,
financial innovation and deregulation: creating the financial
crisis, the political rhetoric of the Medicaid waiver.
- Jul 08 (32) - Where has the money
gone? Could suburban sprawl be part of our fiscal problem? Review
of Bad Money by Kevin Phillips, news trivia or trivial
news.
- Apr 08 (31) - Understanding
homelessness in RI, by Eric Hirsch, market segmentation and the
housing market, the economics of irrationality.
- Feb 08 (30) - IRS migration data,
and what it says about RI, a close look at "entitlements", historic
credit taxonomy, an investment banking sub-primer.
- Dec 07 (29) - A look at the state's
underinsured, economic geography with IRS data.
- Oct 07 (28) - Choosing the most
expensive ways to fight crime, bait and switch tax cuts, review
of Against Prediction, about the perils of using statistics
to fight crime.
- Aug 07 (27) - Sub-prime mortgages
fall heaviest on some neighborhoods, biotech patents in decline, no photo
IDs for voting, review of Al Gore's Against Reason
- Jun 07 (26) - Education
funding, budget secrecy, book review of Boomsday and the Social
Security Trustees' Report
- May 07 (25) - Municipal finance: could citizen
mobility cause high property taxes?
What some Depression-era economists had to say on investment, and why
it's relevant today, again.
- Mar 07 (24) - The state budget
disaster and how we got here. Structural deficit, health care,
borrowing, unfunded liabilities, the works.
- Jan 07 (23) - The impact of real
estate speculation on housing prices, reshaping the electoral college.
Book review of Blocking the Courthouse Door on tort "reform."
- Dec 06 (22) - State deficit: What's
so responsible about this? DOT bonding madness, Quonset, again,
Massachusetts budget comparison.
- Oct 06 (21) - Book review: Out of
Iraq by Geo. McGovern and William Polk, New rules about supervisors
undercut unions, New Hampshire comparisons, and November referenda guide.
- Aug 06 (20) - Measuring teacher
quality, anti-planning referenda and the conspiracy to promote them,
affordable housing in the suburbs, union elections v. card checks.
- Jun 06 (19) - Education report, Do
tax cut really shrink government?, Casinos and constitutions, State historic tax
credit: who uses it.
- May 06 (18) - Distribution
analysis of property taxes by town, critique of RIEDC statistics,
how to reform health care, and how not to.
- Mar 06 (17) - Critique of commonly
used statistics: RI/MA rich people disparity, median income, etc.
Our economic dependence on high health care spending. Review of
Crashing the Gate
- Feb 06 (16) - Unnecessary
accounting changes mean disaster ahead for state and towns, reforming
property tax assessment, random state budget notes.
- Jan 06 (15) - Educational equity,
estimating the amount of real estate speculation in Rhode Island,
interview with Thom Deller, Providence's chief planner.
- Nov 05 (14) - The distribution of
affordable houses and people who need them, a look at RI's affordable
housing laws.
- Sep 05 (13) - A solution to pension
strife, review of J.K. Galbraith biography and why we should care.
- Jul 05 (12) - Kelo v. New London:
Eminent Domain, and what's between the lines in New London.
- Jun 05 (11) - Teacher salaries,
Veterinarian salaries and the
minimum wage. Book review: Confessions of an Economic Hit Man
- Apr 05 (10) - Choosing a crisis: Tax fairness and school
funding, suggestions for reform. Book review: business location and
tax incentives.
- Feb 05 (9) - State and teacher
pension costs kept artificially high. Miscellaneous tax suggestions for balancing the state budget.
- Dec 04 (8) - Welfare applications and the iconography of welfare
department logos. The reality of the Social Security trust fund.
- Oct 04 (7) - RIPTA and DOT, who's really in crisis?
- Aug 04 (6) - MTBE and well pollution, Mathematical problems with property taxes
- May 04 (5) - A look at food-safety issues: mad cows, genetic engineering, disappearing farmland.
- Mar 04 (4) - FY05 RI State Budget Critique.
- Feb 04 (3) - A close look at the Blue Cross of RI annual statement.
- Oct 03 (2) - Taxing matters, a historical overview of tax burdens in Rhode Island
- Oct 03 Appendix - Methodology notes and sources for October issue
- Apr 03 (1) - FY04 RI State Budget critique
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Thu, 26 Oct 2006
Referenda in November
[This is an article from the October issue, printed here because we
have an election coming.]
In a few weeks, we'll have an election to vote in. Because
most of the content has been leached out of the reporting of politics
in America, most of us will vote on candidates without exactly knowing
what policies they stand for. How many know, for example, that
Lincoln Chafee has fully backed CAFTA (free trade with Central
America) and permanent trade relations with China, and voted for the
credit-card industry-backed bill to restrict personal bankruptcies in
2005? How many know that Governor Carcieri has repeatedly passed up
an easy opportunity to lower pension costs for all the cities and
towns in the state?
But there is one place on the ballot where we have to learn about the
issues, since the issue is the only thing there. Here is our list of
the statewide referenda you'll see in the voting booth this November.
See more ...
14:57 - 26 Oct 2006 [/y6/oc]
link
Tue, 24 Oct 2006
North Kingstown Candidate Questionnaires
For Town Council and School Committee candidates
are available here.
Happy reading.
17:22 - 24 Oct 2006 [/y6/oc]
link
New issue
Almost out. Subscribe here.
- Review of Out
of Iraq
by George McGovern and William
R. Polk
- Analysis of Kentucky River NLRB damage by Peter Asen (see
below)
- The referendum questions. What is that question 3 about? And the
others.
- Is it really all peaches and cream and low taxes in New
Hampshire? What are we to make of comparisons between RI and our
flinty neighbors to the north?
A link to an article cited in the review is
here.
Did you know that over a million US troops have served in Iraq or
Afghanistan since 2001? An interesting number. Now, did you also
know that 29% of all the troops who served in the first Gulf War were
on permanent medical disability a decade later?
Bilmes-Stiglitz: NBER paper on the true cost of the Iraq war
— $2 trillion.
See here.
17:22 - 24 Oct 2006 [/y6/oc]
link
Sat, 14 Oct 2006
Quakers a threat to National Security
According to internal documents from the Defense Department (see
NY
Times story), they have been collecting and keeping information on
anti-war protests and protestors.
The documents, obtained by the American Civil Liberties
Union under a Freedom of Information Act lawsuit, show, for instance,
that military officials labeled as "potential terrorist
activity" events like a "Stop the War Now" rally in
Akron, Ohio, in March 2005.
The Defense Department acknowledged last year that its analysts had
maintained records on war protests in an internal database past the 90
days its guidelines allowed, and even after it was determined there
was no threat.
11:48 - 14 Oct 2006 [/y6/oc]
link
Wed, 11 Oct 2006
In case you were wondering
A study came out last year from researchers at Johns Hopkins, and
published in the British journal Lancet that tried to estimate the
deaths of Iraqis attributable to the war there between March 2003 and
September 2004. The number they came up with (100,000) was
controversial, but there weren't any rigorous criticisms that seemed
to hold water. The methodology seemed sound to me, as well as to the
editors of Lancet, among others.
Anyway, the same authors, using the same methodology (statistical
sampling based on random surveys) have updated their data to September
2006, and corrected some misattributed surveys from the earlier
study. Their new number: 655,000 people have died because of the war,
about 601,000 from violence (mostly gunfire), and the others from
disease. They further note that the number dying have increased every
year, and car bombings have gone up substantially.
You can find the report here.
The prospects don't look so happy, do they? Just to give some perspective,
655,000 people is somewhere between 2% and 5% of the population.
14:38 - 11 Oct 2006 [/y6/oc]
link
Fri, 06 Oct 2006
A little more...
Through the kind efforts of a local businessman, the NK local
candidate questionnaire team gets a publicity boost. See
here.
Go to whatcheer.net/nksc to find the questionnaire.
09:06 - 06 Oct 2006 [/y6/oc]
link
Wed, 04 Oct 2006
Did you know you were a supervisor?
The quarter-century assault on labor unions continues today with a decision
by the National Labor Relations Board that will have the effect of
making hundreds of thousands of workers (minimum) legally ineligible
to be represented by a union because they have some management
responsibilities among their duties.
This is one more of those acts that seems very limited and
technical, but will have vast implications for union organizing around
the country: is the head of a high school english department an
employee or a manager? How about a shift captain in a fire
department? A floor manager in a grocery store? The management of
the school, fire department and store don't think of these people as
managers, even if they have some responsibility for other employees.
But the NLRB now calls them part of management. Too bad for them.
09:16 - 04 Oct 2006 [/y6/oc]
link
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