Feed on
Posts
Comments

Category Archive for 'You Can’t Have it Both Ways'

I’ve had a number of students ask me for letters of recommendation┬áto help them secure their summer internships. Almost all of these internships are unpaid. Three quick observations: (1) It seems to be that high-end jobs have completely outsourced basic training to their future employees instead of it being done by them. You should see […]

Read Full Post »

DD sends me the following article which suggests that Uber is losing quite a bit of money, is not going to turn profitable, and presumably is the worst thing to ever happen to America. Two quick points, should you care to read through the article. The author argues (and I am not sure I disagree […]

Read Full Post »

A surprisingly large number of smart people support raising the minimum wage. In two separate conversations this week with very intelligent people, it was argued to me: That there is some research (I once wrote a book review of this) suggesting that labor markets are monopsonistic. And I can draw you a picture of how […]

Read Full Post »

There is a well-regarded theory in economics (and popular?) that suggests that during slack economic conditions, we should welcome a bit of unexpected inflation from the Fed. Why? Well, for one, if you believe in a sticky wage view of the world, and the psychological and practical difficulties with employers lowering wages to existing workers, […]

Read Full Post »

Today’s post is a sort of variation on the response I would give (and have given in the past) to the slur, “You didn’t build that.” In political matters, I am sure you have had invoked on you, at one time or another, the idea that the government has legitimate authority to coerce an individual […]

Read Full Post »

Here is Peter Boettke, on the “outsider” status of Bernie Sanders: Unpopular opinion — after watching Bernie Sanders on Meet the Press earlier today I am pretty sure he is as insincere and cynical as the worst of the DC political establishment. He is in fact a master agnotologist (sower of confusion on purpose to […]

Read Full Post »

Hamilton in Federalist 68: The process of election affords a moral certainty, that the office of President will never fall to the lot of any man who is not in an eminent degree endowed with the requisite qualifications. Talents for low intrigue, and the little arts of popularity, may alone suffice to elevate a man […]

Read Full Post »

Not much political campaigning here in the DPRNYS. For the scant few commercials we see (actually, haven’t flipped on the TV much, so maybe there IS advertising, you wonder who that is reaching these days), I get the sense that politicians are going to help us “get back our jobs” … which is all well […]

Read Full Post »

I am quite sure you have encountered the claim that Americans consume too much and that our drive to consume has sacrificed the planet. Let’s not disagree with that. But doesn’t that idea sit uncomfortably next to the commonly committed pie-fallacy? After all, we see our current two political candidates arguing about who “wins” in […]

Read Full Post »

I once saw a famous actor make a claim about the natural gas industry, This is an industry that is the dirtiest, slimiest, most arrogant and negligent that you can imagine Granted, this was before the rise of Hillary and Donald. And then, you know, we have other technologies and they are better and most […]

Read Full Post »

Older Posts »