McDonald's worker Keyana McDowell, 20, strikes outside McDonald's in Los Angeles

The Perennial Economic Fallacy

The Fight for $15 seems to heat up every time a company announces plans to voluntarily increase labor prices. Some people wince, and repeat the law of demand. Other people say that profits are high and humans aren’t butter so we can afford to double their wages. I think the answer to this is the…

Usa_work_program

Not All Democrats Wanted FDR’s New Deal

And they learned the hard way. I’ve finally gotten around to reading Burton Folsom’s book New Deal or Raw Deal? How FDR’S Economic Legacy Has Damaged America.  Thomas Gore was a Senator from Oklahoma. He made it clear to his constituents that he would not support FDR’s attempt to federalize relief (have states competing for…

CharlesMurrary1-620x411

Perspective of The Day…

…comes from Charles Murray in his soon to be released book By The People. It’s addressed to the Republican enthusiasts:  The Republicans controlled both houses of Congress from 1995 through 2006, and the White House as well for the last six of those years. During this period, government expanded on every dimension. The Medicare drug…

????????????????????????????????s

More on John Green

Since public schools educate people John Green likes to pay taxes and thinks everyone else should be forced to do the same. I don’t know anybody who would prefer to be surrounded by a herd of ignoramuses, but I also object to the premise that this would be the natural trade-off of choosing voluntary educational…

dumbe

Force me to be smart, sir.

“So let me explain why I like to pay taxes for schools, even though I don’t personally have a kid in school: It’s because I don’t like living in a country with a bunch of stupid people.” That’s life according to John Green. A public school teacher couldn’t have said it any better. But Green’s…