Morning in Arizona

Arizona: Open for Business

This Simple Tesla Production Trick Could Cost Taxpayers An Additional Half Billion Dollars

The Federal government provides a $7500 tax incentive for the buyers of electric cars.  This is an attractive discount on a $100,000 Tesla Model S, but is a huge incentive for a $40,000-ish Tesla Model 3.  However, there is a sunset for this incentive.  It turns out it begins to phase out for a given [...]

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Activist Government vs. Emergent, Bottom-Up Solutions

From Engadget, on rental scooters in SF: San Francisco is a city where companies frequently like to try out new ideas. Uber had its start here many years ago, as did success stories like Twitter and Airbnb. So it’s no surprise that San Francisco happens to be one of many cities experiencing a new form [...]

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US Trade Deficit: Foreigners Are Consuming US Goods, But Consuming Them in the US (So They Don’t "Count" As An Export)

Via Don Boudreaux: Greg Ip writes that “The U.S. runs a trade deficit because it consumes more than it produces while its trading partners, collectively, do the opposite” (“How the Tax Cut President Trump Loves Will Deepen Trade Deficits He Hates,” April 19). Here is how I like to explain why this is wrong.  The [...]

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Why Branding Has Value

I have written about this before, but critics of all things capitalism are usually particularly critical of branding, arguing that building brands has no value except to somehow beguile customers into overpaying for things or buying things they do not need.  Now, I can be sympathetic to this when I see folks who have paid [...]

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This Guy Should Be The Patron Saint of Coders

(source) “Once, in the last century, in the Cambria Iron Works at Johnstown, Pennsylvania, after working for months to build an unorthodox new machine for steel production, the engineer in charge, John Fritz, said at last, ‘All right boys, let’s start it up and see why it doesn’t work.’

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Government Housing Policy: Restricting Supply and Subsidizing Demand

I am always amazed that folks, say those in government in places like San Francisco, consistently support restricting the supply of new housing while subsidizing home buyers and then are surprised when prices and rents keeps rising.  From the Market Urbanism Report via Walter Olson. But a look at the numbers shows that, on the [...]

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Mueller Is Revenge on Republicans for Bill Clinton Impeachment

When special prosecutor Ken Starr finally presented charges to Congress against Bill Clinton, it was for lying under oath about his sexual escapades with Monica Lewinsky.  Did someone really originally authorize Starr to look into this?  No, his original mission was to look into any criminal wrongdoing associated with the Clintons and the Whitewater Development [...]

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Our Double Standard on White Collar Fraud

Nobody really liked Jeff Skilling of Enron and he sits in jail for 20 years.  We think Elizabeth Holmes is attractive and cool so that despite the fact that she committed serial fraud in lying about her company’s technology and financials (far more baldly and egregiously than Skilling) and actually put people at risk through [...]

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Thank God Arizona Not In The Running For Amazon (part 2)

Can you imagine the insult to Maryland businesses that $5 billion of their hard-earned money as they struggle to make their businesses work is going to be just handed over to another business because that business creates better press releases for politicians? In one of the most aggressive attempts to cajole Amazon into selecting their [...]

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California Progressives Go Full Authoritarian

I almost titled this article “go full fascist” but the f-word is so used and abused in public discourse that I now try to avoid it.  Presented largely without comment because I would have assumed five years ago that any thinking person in this country would understand why this was a bad idea.  State law [...]

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