Links

1. Proof of ‘precious childhood syndrome’? (via Instapundit)

2. Good advice for interpreting statistical evidence. Statisticians I know should read this.

3. Good reading from the Idiot’s Collective blog on Michael Sandel.

4. Michael Sandel thinks waiting in line is a more equitable way to allocate resources than price. I remember a story from last Black Friday about a lady who pulled up late to the Black Friday part and simply offered to buy product vouchers from those who had waited in line. But, I’m sure Sandel would outlaw line privileges.

5. But, Sandel uses price anyway.

Unbelievable

As you may know, the Bush tax cuts are set to expire next year.  You may also know that Democrats generally favor the increase in the tax rate that those with the highest incomes will experience.

You may not know, however, what three Democrats from New York are doing to exempt their constituents from this.  From the press release on Nadler’s website:

Congressman Jerrold Nadler (NY-08), Congresswoman Nita Lowey (NY-18) and Congressman Steve Israel (NY-02) announced their introduction of the Tax Equity Act of 2009, an important piece of tax legislation designed to adjust federal tax rates to account for the actual cost of living in major metropolitan areas.

Here’s what today’s Wall Street Editorial had to say:

One irony of the tax increase that arrives on January 1 is that the it will hit residents of high-income, Democratic-leaning states like California, Connecticut, New Jersey and New York the hardest. This is a problem for pro-tax Democrats.

Enter New York Representative Jerrold Nadler, Continue reading