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Some people are so heavenly minded, they are no earthly good.--Oliver Wendell Holmes

Dinner with the Allens last night. Got a little lost. They look great. Super meal.

From “Taxation and innovation in the 20th century” by Ufuk Akcigit, John Grigsby, Tom Nicholas, and Stefanie Stantcheva: “Understanding how taxation influences innovation is of central importance to create investment incentives for R&D, yet our knowledge remains limited due to a lack of data, especially covering a long period of time.” The researchers then conclude as follows in a column based on their work: “This column uses newly constructed datasets from the 20th century to examine the effects of both personal and corporate income taxation on inventors, as well as on firms that do R&D. It finds consistently negative effects of high taxes on innovation over time as well as on individual inventors and firms.” So, essentially, Warren wants to do a tax experiment on the successful American economy, the most successful in human history, an experiment run by bureaucrats and their cronies. 

Ecologist Kenneth Watt's 1970 prediction was, "If present trends continue, the world will be about four degrees colder for the global mean temperature in 1990, but eleven degrees colder in the year 2000." He added, "This is about twice what it would take to put us into an ice age."

In 2013, as the Islamic State was gaining steam, Biden said that he and Obama felt “happy and . . . fulfilled” with the decision to withdraw from Iraq. A year later, they would be forced to send US forces back to Iraq to deal with the debacle they had unleashed.

Joe Rogan's podcast is now is listened to 1.5+ billion times per year at around $50-100M/year revenue. Independent and 100% owned by Joe, no networks, no middle men and a 100M+ people audience.
Bill O'Reilly's audience was five million.

Few recognize that the rise of fascism and Marxism was not a reaction against the socialist trends of the preceding period but a necessary outcome of those tendencies.--Hayek

On this historic date in 1989, the Berlin Wall fell just slightly more than two years after President Reagan famously said ‘Mr. Gorbachev, tear down this Wall!’ in his famous Berlin Wall speech.

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