Recent content by Thanatos_dh

This not the case. The size of the US Africa is about 30.2 million km^2 and the US is about 9.8 km^2

The idea that tax rates are irrelevant is incorrect. We do need to decrease spending, but claiming you can arbitrarily set taxes rates is ludicrous. Greg Mankiw's Blog: Personal Taxes as a Percent of GDP

Human fallacy and majority rule.I am not, nor was Mill or Tocqueville, equating Majority rule with tyranny. My point majority rule, espcially small majorities, can be disastrous. Now of course a ruling elite is also disastrous, even with fairly enlightened leaders. Pure majority rule often...

Tyranny of the majorityOne must be vary careful in constructing such a system. Tocqueville's "Tyranny of the majority" is a very real danger. Consider the gay marriage issue for example. Even in some areas IR is looked down upon and hence would be curtailed with a majority rule system. And...

An economist's viewAs a mathematical economist I find it fascinating that so many have such strong and often misinformed opinions in my chosen intellectual playground. You never see people arguing over use of t-cells in cancer treatments, or see such strong opinions on the use of the axiom of...

AIG failureIt should be noted that AIG did not fail because there were more than average disasters, if there had been no disasters AIG would have still failed. The company failed because of the mortgage collapse and the company's dabbling in esoteric instruments and default credit swaps, not...

Making coversIf anyone has any cover requests I will be happy to make one.