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The Biofuel Brew Ha-Ha
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Op-ed Placement

The Biofuel Brew Ha-Ha

BY Peter Suderman

In Germany, they call it "liquid bread." Here in the U.S., frat boys and hipsters cultivating an ironic air call them brewskies. Most of us just refer to it as "beer." But whatever your name for the stuff, there's little point in denying that people in both countries love their beer. The difference right now, however, is that while we Americans can continue to toss 'em back as we always have, German beer prices are skyrocketing. Who or what is the culprit? Corporate greed, perhaps, or an alcohol tax designed to push German beer drinkers to kick their six-pack habit?

04/11/2008
Emerging Issues: Social Security Reform
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Newspaper Article

Emerging Issues: Social Security Reform

BY Max Pappas

Social Security, the largest government program in the world, is finally getting the attention it deserves. The inherent contradictions that would eventually leave the program bankrupt have been known about for years, but have for so long been swept under the rug by politicians too afraid to touch the so-called "third rail" of politics. Those days are over as the president and many members of Congress continue to shine the spotlight on Social Security, exposing the danger and problems of requiring Americans to rely on a pyramid scheme for their retirement. Personal retirement accounts would fundamentally change the system from one that is unfunded to one that is pre-funded—a change akin to that taking place across corporate America as companies change from defined benefit programs they cannot fund to defined contribution programs that workers fund as they work.

08/01/2005
The Last Gaffe?
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The Last Gaffe?

BY Jacob Sullum

According to Jack Kemp, Gregory Mankiw committed a "gaffe" by declaring "there are no free lunches" when it comes to Social Security reform. In Washington, as Michael Kinsley has pointed out, a "gaffe" is an inconvenient truth spoken at an inopportune time. Mankiw's propensity for gaffes is the main reason I'll miss him when he steps down as chairman of President Bush's Council of Economic Advisers.

12/10/2004