Rewarding bad decisions

When it comes to teaching your children about money, personal finance specialists will tell you it’s important to give your child enough of an allowance to let them make mistakes they can learn from. It’s important to let them blow their whole allowance on a toy so that they are completely broke until they get [...]

Congress aims at oil companies, hits consumers

The Associated Press reports: Declaring a new direction in energy policy, the House on Saturday approved $16 billion in taxes on oil companies, while providing billions of dollars in tax breaks and incentives for renewable energy and conservation efforts. You can be pretty sure the economic incidence of these taxes will not fall on the [...]

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