SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (22594)6/29/2006 8:40:52 PM
From: Ilaine  Respond to of 541580
 
I think the case came down exactly the way I wanted it to. I argued that it doesn't matter whether or not these prisoners are covered by the Constitution, because the Constitution applies to us, and it's us that's violating the Constitution.

The Constitution restrains state acts. The state doesn't get to pick and choose what unconstitutional acts it can commit. It can't commit any.
Message 21509215



To: Lane3 who wrote (22594)6/30/2006 10:03:24 AM
From: Lane3  Read Replies (3) | Respond to of 541580
 
A couple of snippets on equality

Wages and Work Hours

Here is an intriguing fact from a new NBER study:

In 1983, the most poorly paid 20 percent of workers were more likely to put in long work hours than the top paid 20 percent. By 2002, the best-paid 20 percent were twice as likely to work long hours as the bottom 20 percent.

That is, wages and hours worked went from being negatively correlated to being positively correlated. This may be an important piece of the puzzle of rising income inequality.

Define "Rich"
From Hal Varian's column in yesterday's NY Times:

After a detailed examination of the financial circumstances of people close to retirement, two economists, Stephen F. Venti of Dartmouth and David A. Wise of Harvard, concluded that the primary reason for differences in retirement assets was differences in propensities to save. It is not unusual to see low-income households with high savings rates holding more financial assets at retirement than high-income households who saved a smaller fraction of their income.

People often use the term "rich" as if the word had an unambiguous meaning. Venti and Wise show that high-income people and wealthy people are frequently different people.

gregmankiw.blogspot.com