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Category Archives: Economics
the increasing costs of obamacare insurance
Reason.com posted an email by a small business who is dealing with Obamacare. The whole post is worth reading, it explains why we have a system in which health care is tied to our jobs. But showing the reality of … Continue reading
more price controls in action
In a hilarious article, it is being reported that Venezuela is going to import 50M rolls of toilet paper. When one sees headlines like this, the first thought that should run through their head is “price controls”. 10 out of … Continue reading
wealth v money
Related to a previous post. From Deirdre McCloskey’s The Bourgeois Dignity (p 141): People seem to be mixing up financial wealth and real wealth. Financial wealth in a bank account is merely a paper claim to the society’s real wealth … Continue reading
Posted in Economics, Standard of Living
1 Comment
bullies and bullying – a government created problem
Schools are known for their bullies. Every movie with a child protagonist accurately features this fact of life. Some children who attend public school make it their mission in life to torment others. They might shove other children down on … Continue reading
Posted in Economics, Education, Goverment
3 Comments
hetty green – why money does not mean wealth
In modern politics those who have a lot of money are labeled as wealthy. Countries with a strong currency or a lot of gold are labeled as wealthy. But this gives people a false sense of reality. People need to … Continue reading
Posted in Economics, History, Standard of Living, Trade
2 Comments
sequester roundup
1. The sequester represents 2.3% of the entire budget. Reason Magazine mocks this by offering a sequestration sale, 34 cents off the price of a subscription. Putting this in perspective, this is $120 billion per year out of a budget … Continue reading
Posted in Economics, Goverment
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Disabling America: The Unintended Consequences of the Government’s Protection of the Handicapped
Handicapped author Greg Perry explains how ADA hurts the disabled. Continue reading
Posted in Economics, Goverment
3 Comments
life expectancy higher in US
When people say Europeans have a better health care system and then point to overall life expectancy, it is worthwhile to put them on the defensive and tell them if you control for deaths that have little to do with Health Care, then the US comes out on top. Continue reading
Posted in Economics, Standard of Living
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Econ 101 incentives matter
What then will extremist Muslims see? They killed several Americans (maybe itself a plus from their view). In exchange, they’ve gotten America to submit to their will. And on top of that, they’ve gotten back at blasphemers, and deter future blasphemy. A triple victory. Continue reading
Posted in Econ 101, Economics
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democratic science platform
Science ain’t an exact science with these clowns Continue reading
Posted in Economics, Trade, Uncategorized
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