Sunday, April 25, 2021

In the news, Friday, April 16, 2021


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APR 15      INDEX      APR 17
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from FEE (Foundation for Economic Education)
RIGHT-CENTER BIAS, HIGH, non-profit organization

Just six months after arriving in Petrograd with the help of Germany, the Russian communist Vladimir Lenin had engineered the October Revolution. The story does not end there, however.

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from The Heritage Foundation
RIGHT BIAS,  MIXED  American conservative think tank based in Washington, D.C.

Over the last few weeks, Russia has been conducting a sizable military buildup along its border with Ukraine and in occupied Crimea. These Russian deployments are spontaneous and the Kremlin’s plan is unclear. But one thing is certain: The Biden administration is being tested by Moscow. Since 2014, almost 5% of Ukraine‘s landmass and more than half of its coastline have been illegally occupied by Russia. The most immediate thing Washington can do is share intelligence with Ukraine about the Russian military buildup. While the success of Ukraine will rest in large part on the shoulders of Ukrainians themselves, U.S. leadership is essential for counteracting Russian aggression.

The American Jobs Plan proposes to spend $2.65 trillion over the next 10 years and to pay for it by permanently raising the corporate income tax rate from 21 percent to 28 percent. This Issue Brief summarizes how a higher corporate tax would affect markets for capital, labor, and final goods and services, and estimates the magnitude of the effects. The proposed corporate tax increase would reduce GDP by about 0.96 percent, or about $1,650 per household. The higher tax rate harms both shareholders and workers. Wages will fall by about 1.27 percent as less investment lowers productivity. The best policy to promote prosperity for all households in the United States is to keep taxes low, and spending in line with revenue.

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from Hoover Institution
Nonprofit Organization in Stanford, California

Killer Of Armies: Microbes And The Military
As COVID-19 wages war on the world with its constantly mutating arsenal, this pandemic is a relatively gentle reminder of the effects of plagues on history—not least, upon armies and their operations. We live in an age of medical miracles, yet, faced with death or long-term disability on a global scale, we cannot readily grasp the most-insidious effects of this virus.

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from HumanProgress.org
Education Website

Our hunter-gatherer past helps explain opposition to free markets.
The free market, or, to use a more loaded term, capitalism, produces more wealth and higher standards of living than any other economic system that humanity has conceived and implemented. The differences in economic performance between South and North Korea, West and East Germany, Chile and Venezuela, Botswana and Zimbabwe, not to mention the United States and the Soviet Union, speak for themselves. In spite of that generally recognized fact, capitalism has never enjoyed anything close to universal long-term support. In fact, quite the opposite is true.  ... Why? The primary reason for the constant struggle to preserve the freedom of the market is that capitalism rubs against some very important parts of human nature.

Our twenty-sixth Center of Progress is Los Angeles during the Golden Age of Hollywood (1910s–1960s). The city pioneered new filmmaking styles that were soon adopted globally, giving the world some of its most iconic and beloved films in the process. Los Angeles’s Hollywood neighborhood is synonymous with filmmaking, representing the city’s unparalleled cinematic contributions. Hollywood has three founders: 1. Daeida Wilcox for naming it. 2. H. J. Whitley for developing it. 3. Thomas Edison for forcing filmmakers to flee to Los Angeles to escape his army of IP lawyers and mafia thugs.

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from The Spokesman-Review
Newspaper in Spokane, Washington

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