For example, beer was originally taxed in 1951 at US$9.00/barrel and was taxed at US$18.00/barrel in 1999 (federal taxes only). If the US Congress had written an inflation-adjusted tax, it should have been US$55.88/barrel in 1999.
Depressives and Reality
More on Martin Seligman’s What You Can Change and What You Can’t: The Complete Guide to Successful Self-Improvement : Depressives are incredibly realistic. I mean incredibly realistic. In turns out that a realistic understanding of one’s skills and chances codes incredibly well with either having depression or future depression. HBR had an article on this last year by Dan Lovallo …