Gerry Canavan

the smartest kid on earth

Posts Tagged ‘a rising tide lifts all boats

The March of Progress

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New research led by economists at the University of Warwick reveals that medieval England was not only far more prosperous than previously believed, it also actually boasted an average income that would be more than double the average per capita income of the world’s poorest nations today. Via @traxus4420.

Written by gerrycanavan

December 6, 2010 at 7:51 pm

‘Reaganomics Finally Trickles Down To Area Man’

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HAZELWOOD, MO—Twenty-six years after Ronald Reagan first set his controversial fiscal policies into motion, the deceased president’s massive tax cuts for the ultrarich at last trickled all the way down to deliver their bounty, in the form of a $10 bonus, to Hazelwood, MO car-wash attendant Frank Kellener. Via a Crooked Timber post teasing John Quiggin’s forthcoming book, Zombie Economics.

Written by gerrycanavan

December 11, 2009 at 12:49 am