The Huffpo and the minimum wage cheerleaders have now gone off the deep end. If you simply SAY that someone “demolishes” a classic argument, does that make it so? And just look at how uber-sophisticated and intelligent that post is. WHAT classic argument? It’s not like anyone tells us. Is it the classic moral argument […]
Category Archive for 'If I Really Hated the Poor …'
Say the really serious people. And they continue, “the point is to change it.” How’s that for reporting the news? Read the piece. Don’t you think they’d get bored parroting the same “points” time and again? Here’s a shocker – maybe: 1) People don’t care nearly as much about “inequality” as the wonks do 2) […]
Venezuela … Come on, given ‘em just a little more time, then milk and honey will flow.
… fill in the blank with just about whatever you want, and you, too, can claim the status of really serious wonk.
Should you be reading someone that claims “this is what economists think,” particularly if said person is not an economist, you may either want to head for the intellectual exits or you might want to politely send a note to the author/speaker asking them for evidence that ALL economists think that. Even better, you can […]
US Congress prevents Norwegian Airline from flying in America. My favorite part: because of concerns the low-cost carrier will dodge international labor rules. That’s pretty darn laughable seeing as the Scandinavians are held out as the most socially just and fair countries on Earth. If not them, whom?
Posted in Central Planning, Corporatism, Economic Illiteracy, Economics Problems, Economists, Government Gone Wild, If I Really Hated the Poor ..., Transportation and Infrastructure, You Can't Have it Both Ways on May 7th, 2014
The emperor indeed has no clothes and it’s apparently a feature of the argument, not a bug: Barry Ritholtz: U.S. on Highway to Flunking Out, by Barry Ritholtz: Roads are crumbling, bridges are collapsing, and what was once considered one of the greatest achievements of any government anywhere has fallen into embarrassing disrepair. I am of course discussing our […]
I’m writing final exams and hope to be back at this in due time. In the meantime, here was one particularly interesting working paper I had emailed to me today: Discrimination and the Effects of Drug Testing on Black Employment by Abigail K. Wozniak - NBER Working Paper #20095 (LS PE) Nearly half of U.S. employers test job […]
True blooded green Environmentalists (I’d argue are politically are far to the left) … should LOVE monopolies (an undemonstrated claim made by the far left is that capitalism is prone to monopolies. Similarly, true blooded school choicers (I’d argue are more oriented to the right) … should HATE the success of charter schools (to the […]
That would be people like my wife who continue to work. Here is how her income is taxed: Federal tax rate of 28% (her wage puts us in this bracket) State tax rate of 6.5% Social security – her “share is 7.65%, her employer pays 7.65%, but since we know that the incidence of this […]