At sethimothy's suggestion, we began reading Economics in one Lesson by Henry Hazlitt.  It started straightforward enough, setting as its goal to discuss some common logical fallacies in relation to economic theory and practice.  The first couple chapters are fine; he seems to take a rather disgruntled tone, but it's difficult to find someone discussing ( Read more... )

Kasha has recently been interested in two topics and wishes to search libraries for books on them.  The first is economics, and the problem with this is that libraries do not house textbooks, and most other books would likely not interest me.  Does anyone who's studied economics at all have any books one might find at a library that they would ( Read more... )

The U.S. Census Bureau produces a Statistical Abstract of the United States, which includes a document on Income, Expenditures, Poverty, and Wealth (Section 13).  In this document, there is a section on Personal Income and Its Disposition: 1990 to 2006 (Table 656).  According to that table, net personal current taxes1 have risen from $593 billion ( Read more... )