Blog Review 527


More on how your tax money gets spent. "Not effectively" would be too mild a description.

This might be part of the explanation of how the money gets wasted in such fashion. 

You might think that some of it also comes from the difference between these two questions. All too often people are asking the wrong one. 

And of course, the existence of tax havens is one of the things that limits governments' ability to ratchet taxes ever higher to pay for such things. 

A little macroeconomic reminder. Central banks influence, not control, interest rates and the longer term the rate, the less influence they have. 

Inspired blogging of the primary results from The Economist. 

And finally, why you should eat whale meat: it saves the planet.