Thursday, November 20, 2008
Dick Cavett is a national treasure
His piece on Sarah Palin is hilarious. It also brings to mind:
(1) There are many things about my parents for which I am grateful. One was they allowed me to stay up late to watch Dick Cavett.
(2) A real estate developer told me the other day that he decided to pay the "Palin Tax": he voted for Obama (and therefore for a tax increase for himself) so that Alaska's governor would not be a heartbeat away. Apparently this phrase has become common. So now to Pigou Taxes and Ramsey Taxes we may add Palin Taxes as those that are welfare improving (or that at least avoid deadweight loss).