There are smart, intelligent people out there that still make stupid assumptions / mistakes. Not talking about 'oops, I dropped an egg on the ground' kind of mistake. I'm talking "$15 minimum wage in Seattle will raise the standard of living" kind of stupid. It defies logic. It's what I call "unicorn, double rainbow, economics". … Continue reading Stupid is as stupid does
Category: Economics
Again with Full Employment
jobs are a means, not the ends in themselves people work to live better, to put food on the shelves real growth means production of what people demand That's entrepreneurship not your central plan -- Hayek's character in the "Fight of the Century: Keynes vs. Hayek Round Two" -------- Listening to the Fight of the … Continue reading Again with Full Employment
Fight of the Century: Keynes vs. Hayek Round Two
Americans Pay More in Taxes than on Food, Clothing, and Housing Combined | Tax Foundation
Still think we live in a free market society? http://taxfoundation.org/blog/americans-pay-more-taxes-food-clothing-and-housing-combined
Government Job creation
Related to my post "Is Taxation Theft", I wanted to clear up and define something that gets misused so frequently that the average person may have missed it. You may often hear government officials talk about their various agencies and programs and how they are stimulating the economy. Some bureaucrat may point to the thousands … Continue reading Government Job creation
txfatherofseven 