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Real Problems: Reporting the News
Unless you’ve been living under a rock for the past four years the economy isn’t doing well. Unemployment is at the highest level since before I could tie my shoes. Chronic unemployment is worse than...
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The Age of Frivolity
We are not living the age of serious thinking. At the inauguration President Obama gave a speech about nothing that got rave reviews. As I stated at the the time it was “an unserious speech by an...
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Minimum Wage on Steroids: The Living Wage
Gird your loins. Here comes an economics post. The clamoring for a higher minimum wage, and now “living wage,” is a popular idea. Any why not? It sounds good. Shouldn’t everyone have a job that pays...
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Economics Under Attack: The Minimum Wage
There’s probably a better chance of finding intelligent life in outer space than the minimum wage helping the poor. The debate about a “living wage” or the “minimum wage” isn’t a logical, it’s...
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Paul Krugman isn’t Milton Friedman
It’s difficult to believe that Milton Friedman has been gone for almost seven years. There really hasn’t been another economist like him over the last 40 years. Friedman was a giant who is sorely...
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Classic Affirmative Action Debate
I stumbled on this video of an old episode of Firing Line featuring a fantastic debate about Affirmative Action. William F. Buckley served more as a moderator between economists Thomas Sowell and...
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The Idle Youth are Growing
When it comes to the idiocy of the minimum wage I know I’m fighting a losing battle. Even though liberals enjoy a 2 to 1 advantage in the field of economics a plurality of economists still believe that...
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Economic Lessons Never Learned
So is average intelligence about economics. My biggest pet peeve in politics used to be anthropogenic global warming (AKA Climate Change, AKA, Global Warmonger), but after 15 years of unchanged...
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The Law of Unintended Consequences
There’s been consternation recently that the Congress isn’t passing enough laws. If you love liberty this is great news. When did quantity become more important that quality? This is the same Congress...
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Crony Capitalism is Killing the American Dream
Hating corporations is one of things liberals love to do. The best example is Walmart, but it can be any company that doesn’t submit to liberal demands. Chick-Fil-A CEO Dan Cathy learned you’re not...
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