Thursday, June 5, 2008
Congratulations, Harvard Grads
You can read her talk here.
Update: Or you can watch it here.
Wedding Number Three
Love this wedding, totally chic. Some details: It took place in Pennsylvania at a farm estate, Dress by Mon Cheri (a one of a kind design for the bride), the cake is Martha Stewart inspired and so beautiful and the cummerbund and bow-tie for the groom are from Richmond's Peter Blair. Remember - you have until Friday to submit your preppy wedding pics. I have some great prizes lined up for the winner, so enter today!
Landsburg on Tax Policy
Like philanthropy, saving is an act of self-denial that enriches your neighbors (by leaving more goods available for them to consume). But unlike philanthropy, saving is punished by the tax system (via the taxes on interest, dividends, capital gains and inheritance). That's nuts. When you tax saving, you encourage people � wealthy people in particular � to spend more and grab a larger share of the consumption pie. "More consumption by the rich" should not be among the primary objectives of the tax code.
The alternative is to tax consumption....you can easily implement a consumption tax with a Form 1040 that says: "How much did you earn this year? How much did you save? Now pay tax on the difference." And you can make that tax as progressive as you like.
Search for the Preppy Wedding - Part Two

Bernanke comes home
I was not there, but the students are tough critics:
�We could have gotten that from Ec 10.�




