Word: consumptionism
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The sin tax is an established tactic. In the early 1500s, Pope Leo X underwrote his lavish lifestyle in part by taxing licensed prostitutes, and Peter the Great preyed on Russian vanity two centuries later by charging men who grew beards. In the Federalist papers, American patriot Alexander Hamilton proposed...
The most obvious example is driving. Americans drive too much, and they have good reason to do so. In the United States, gas tends to be two to three times cheaper than in Western Europe, since federal and state gas taxes in the U.S. are inefficiently low. Now that oil...
That is why Obama's comments on Wednesday were so notable. The issue of imbalances is not expected to play a big role in the coming G-20 communiqué, which focuses on regulation, aid to developing countries, protectionism and stimulus. But Obama clearly signaled that the issue is on...
The Star Factor At the moment, the world is roiled, leaders are nervous, and everyone wants a piece of the media magnet that is Barack Obama. That means the White House is expecting all kinds of posturing in and around the meetings with Obama for domestic consumption in various nations...
Glasses. We're almost 60 years into the era of showing 3-D in theaters, and you still have to take an eye test to see the movies. Putting on glasses, even the Ray-Ban type now handed out in theaters, does not remove barriers to the appreciation of movies...