Category Archives: Goverment

when vanderbilt beat government corruption

From Capitalism: the Unknown Ideal: When Vanderbilt began to organize several small, obscure railroads into what was to become the New York Central system, he had to obtain a franchise from the City Council to permit his railroad, the New … Continue reading

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the nirvana fallacy

From a post by David Henderson: When people advocate government intervention, they rarely, maybe never, tell us how the incentives will be set up so that government will do the right thing. Think about how asymmetric the argument is. Incentives … Continue reading

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the black market for legal controlled drugs

A while back, I listened to an NPR story about black market drugs. These were normal drugs like Viagra and pimple medication. Because patents and copyrights create a framework for overpriced medicine, black markets in generic knockoffs are thriving. The … Continue reading

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government licensing

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property rights are the basis of a civil society

From LearnLiberty:

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repeal the davis-bacon act

In 1931, the Davis Bacon Act (DBA) was passed. According the FAR 22.403-1 “The Davis-Bacon Act (40 U.S.C. 3141 et seq.) provides that contracts in excess of $2,000 to which the United States or the District of Columbia is a … Continue reading

Posted in Contracting, Econ 101, Economics, Goverment, Labor, Price Controls, prices | 1 Comment

the butler and lbj

Having now watched The Butler and having found out critical plot elements were complete fabrications (such as the entirety of the butler’s early life and having two sons), it would be good to call attention to the false humanization of … Continue reading

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dave berry on fiscal problems

From Dave Berry’s year in review: January … which begins with a crisis in Washington, a city that — despite having no industries and a workforce consisting almost entirely of former student council presidents — manages to produce 93 percent … Continue reading

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precursors to the gospel of Jesus

Mat 1:21 And she shall bring forth a son, and thou shalt call his name JESUS: for he shall save his people from their sins. Before Jesus preached his “gospel of the Kingdom”, two gospel accounts (Matthew and Luke) give … Continue reading

Posted in Bible, Church History, Dispensationalism, Goverment, History, Jesus, Jewish History, Morality, Prophecy, Theology | 13 Comments

possible harms of the minimum wage

In a previous post, I quoted economist Don Bordeaux concerning possible ways employers deal with an increasing minimum wage. One commenter stated that minimum wage employers offer few fringe benefits so it is unlikely that they could decrease fringe benefits … Continue reading

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