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Articles about the work of Jeff Jacoby

Cash for Clunkers
futureofcapitalism.com

The Boston Globe's Jeff Jacoby does a nice job of expanding on the points we made here August 23 in a post about the Cash for Clunkers program. Link via Professor Greg Mankiw's blog.

And more: National Public Radio has a piece on a study by Amir Sufi of the University of Chicago and Atif Mian of the University of California, Berkeley, that found, as NPR summarizes it, "The government's 'cash for clunkers' program boosted auto sales by 360,000 during the two months it was in place...But in the seven months that followed, sales were down by 360,000 compared with what they would have been without the program."

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More Republicans for Soaking the 'Rich'
futureofcapitalism.com

The increasing number of voices on the center-right of the political spectrum who want to try to solve the entitlement problem on the backs of "the rich" is a trend we have been following closely here.

Two more data points: First, an Amity Shlaes column reporting on a proposal by the Heritage Foundation's David John, who "would stanch the Social Security system's red ink by reducing government pensions that higher earners receive." (Mr. John's earlier ardor for fixing Social Security's finances regardless of the principles at stake prompted a 2006 New York Sun editorial headlined "The Heritage Tax," which elicited a letter to the editor in response from the think tank.)

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Video Game Tax Breaks
futureofcapitalism.com

The Boston Globe's Jeff Jacoby has a column taking a skeptical look at proposals by some Massachusetts lawmakers to provide special tax breaks to companies in the video game industry: "For years the state has played this sucker's game of allocating financial benefits — grants, credits, and other tax breaks — to politically favored companies and industries....Beacon Hill's confidence in its ability to successfully pick marketplace winners and losers is boundless."

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Jacoby on Buffett
futureofcapitalism.com

Columnist Jeff Jacoby inadvertently highlights one of the many ways in which Warren Buffett's New York Times op-ed was misleading. Mr. Jacoby writes:

Buffett lamented that the $6,938,744 he forked over in federal income and payroll taxes in 2010 amounted to just 17.4 percent of his taxable income. "What I paid," the world's most famous investor observed, "was . . . actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent."

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Jeff Jacoby on Occupy and the Tenth Commandment
futureofcapitalism.com

Boston Globe columnist Jeff Jacoby has a column about the Tenth Commandment and the #Occupy protests:

The violence is not tangential to the agenda. As the mounting hooliganism at Occupy encampments suggests, where class resentment takes root, predatory lawbreaking frequently follows. When politicians rail against "millionaires and billionaires," when social-activist campaigns scapegoat the "1 percent," it is only a matter of time before thugs feel emboldened to steal, rape, and worse. Class envy is not benign. At its most extreme -- the communist tyrannies of Lenin and Stalin, Mao, and Pol Pot -- it unleashed the bloodiest genocides of the 20th century.

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Jeff Jacoby on Occupy and the Tenth Commandment
futureofcapitalism.com

Boston Globe columnist Jeff Jacoby has a column about the Tenth Commandment and the #Occupy protests:

The violence is not tangential to the agenda. As the mounting hooliganism at Occupy encampments suggests, where class resentment takes root, predatory lawbreaking frequently follows. When politicians rail against "millionaires and billionaires," when social-activist campaigns scapegoat the "1 percent," it is only a matter of time before thugs feel emboldened to steal, rape, and worse. Class envy is not benign. At its most extreme -- the communist tyrannies of Lenin and Stalin, Mao, and Pol Pot -- it unleashed the bloodiest genocides of the 20th century.

Read More...


Jacoby on Buffett
futureofcapitalism.com

Columnist Jeff Jacoby inadvertently highlights one of the many ways in which Warren Buffett's New York Times op-ed was misleading. Mr. Jacoby writes:

Buffett lamented that the $6,938,744 he forked over in federal income and payroll taxes in 2010 amounted to just 17.4 percent of his taxable income. "What I paid," the world's most famous investor observed, "was . . . actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent."

Read More...


Thumbs Up to Jeff Jacoby
camera.org

THUMBS UP to Boston Globe columnist Jeff Jacoby for fearless, factual commentary on important topics ignored by many journalists, such as the dangerous phenomenon of Arab anti-Semitism. Jacoby observes that the lack of media focus on the issue is perplexing since the Arab-Israeli negotiations get covered in detail. American and European journalists pay great attention to the Arab world's diplomatic dealings with the Jewish state, he writes. How odd that they pay almost none to what Arabs and Muslims actually say about Jews.

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Cash for Clunkers
futureofcapitalism.com

The Boston Globe's Jeff Jacoby does a nice job of expanding on the points we made here August 23 in a post about the Cash for Clunkers program. Link via Professor Greg Mankiw's blog.

And more: National Public Radio has a piece on a study by Amir Sufi of the University of Chicago and Atif Mian of the University of California, Berkeley, that found, as NPR summarizes it, "The government's 'cash for clunkers' program boosted auto sales by 360,000 during the two months it was in place...But in the seven months that followed, sales were down by 360,000 compared with what they would have been without the program."

Read More...


More Republicans for Soaking the 'Rich'
futureofcapitalism.com

The increasing number of voices on the center-right of the political spectrum who want to try to solve the entitlement problem on the backs of "the rich" is a trend we have been following closely here.

Two more data points: First, an Amity Shlaes column reporting on a proposal by the Heritage Foundation's David John, who "would stanch the Social Security system's red ink by reducing government pensions that higher earners receive." (Mr. John's earlier ardor for fixing Social Security's finances regardless of the principles at stake prompted a 2006 New York Sun editorial headlined "The Heritage Tax," which elicited a letter to the editor in response from the think tank.)

Read More...


Video Game Tax Breaks
futureofcapitalism.com

The Boston Globe's Jeff Jacoby has a column taking a skeptical look at proposals by some Massachusetts lawmakers to provide special tax breaks to companies in the video game industry: "For years the state has played this sucker's game of allocating financial benefits — grants, credits, and other tax breaks — to politically favored companies and industries....Beacon Hill's confidence in its ability to successfully pick marketplace winners and losers is boundless."

Read More...


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Jeff Jacoby

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