Photo (CC): Astronaut Randy Bresnik took this photo of Tropical Storm Harvey from the International Space Station on Aug. 28 at 1:27 p.m. CDT. All other photos courtesy of the author. Rumors about Texas gas shortages in the aftermath of Hurricane Harvey prompted irrational but intense desperation among Dallasites to immediately fill up their cars. As a […]
Tag: economics
In 1974, Cyprus was split into an internationally recognized Greek Cypriot south and the breakaway Turkish Cypriot north. Turkey invaded Cyprus after supporters of unification with Greece organized a coup. Turkish Cypriots declared independence in 1983, but are only recognized by Turkey, which maintains 35,000 troops there. For the first time in a generation there […]
Two weeks ago, when President Obama announced his plan to ensure that millionaires pay at least the same tax rate as middle-income Americans, tax cut advocates came out in force. Some fiscal conservatives rumbled against the United States’ overly progressive taxation system, arguing that many countries, like Denmark, have flatter tax rates than the […]