Market Efficiency and the Gas Tax
Gas prices seem to be a big issue in the USofA these days. Of course, gas prices in Europe and elsewhere have been far higher than in the US for decades — and they only get a litre! In spite of this, many pundits are speculating that the price we pay for gas...Sorrow Drips Into Your Heart Through A Pinhole
Picking up the paper this past week and avoiding an article about our southern border would have been like picking up a gallon of prune juice and avoiding the toilet: difficult. As chance would have it, during the media blitz brought on by a couple high-profile...Pitching Outside the Strike Zone, Part III
The last time I read El Norte, I suppose I was somewhat suprised to skim over a graph that listed Mexico as the 10th wealthiest nation in the world; well ahead of most European countries. But not that surprised. The problem is, we’re accustomed to measuring wealth by metrics like minimum wage ($4 a day in Mexico, $7 an hour in California) and property value., But, if you were to measure something like purchase of $40,000+ cars per capita, I bet you’d be surprised. In fact, per capita, I’d be willing to bet that Mexico would “win out.”
