It's always awkward when the chickens come home to roost

Alaskans Learn About TANSTAAFL


Alaskans elected Mike Dunleavy as governor because he promised them big, fat permanent fund dividends. They voted their greed. Those chickens are now coming home to roost.1 The problem Alaskans face is that the laws of economics are as harsh and unforgiving as the laws of physics. One of those laws is sometimes abbreviated TANSTAAFL.…

Via Forbes Magazine

This Is Why We Have Government Regulations


The Trump Administration and a certain kind of Republican politician like to pretend that federal regulations are designed by bureaucrats – by the “Deep State” – solely for the purpose of making life that much harder and more expensive for the rest of us. On the contrary, regulations are written to address serious problem. They…

Who Knows What Donald Trump Is Hearing

Tariffs, Trump and Econ 101


Trump reportedly graduated from the Wharton School of Business with a Bachelor of Science degree in economics.1 It’s hard to believe. On Sunday, Trump tweeted, So how can a guy with a degree in economics spout this kind of nonsense? There are so many misstatements, lies and half-truths in these two tweets that it would…

Smolt to Adult Fish Ratios at Dams Along the Columbia and Snake Rivers

Science, Salmon and the Snake


The Snake is the Snake River, once one of the world’s preeminent salmon streams, famed for its chinook,sockeye and steelhead runs. Now those fish are an endangered species and at the heart of a complex struggle involving fish, water rights, hydroelectricity and, most of all, dam-foolishness. One way to measure the health of an anadromous…

Geeky Fridays: Effect of Corporate Tax Cuts


Nothing hammers readership here at Wickersham’s Conscience like writing about economics. The dismal science is just not a popular topic. But it is important, and we are finding out how important as we live with the fallout from the Tax Cuts and Jobs Act (TCJA) of 2017.  Harvard has published an interesting study of the effect…