Home / Posts tagged "economics"

economics

Socialist Alexandria Ocasio-Cortez: A Knife in Need of Sharpening

Dumb as a box of rocks
I have two saying I often use to express my wonderment at some people. I say either, "They're as dumb as a box of rocks" or I say, "They don't have the brains God gave a stick." I have a feeling Alexandria Ocasio-Cortez falls into one of those two camps. It has often been said that socialists lack a basic understanding of economics. This is no less true of newly primaried socialist Alexandria O...
Read More

Economics is the science of complex and organic systems

Ants and Cars in traffic, complex and organic
The below linked article is a fine piece from Being Libertarian. It describes the science of economics. "When we look at the science of economics, the heat we measure is undoubtedly prosperity. Just like how cold is the absence of heat, poverty is simply the natural state of things in the absence of prosperity. If we take a group of individuals and place them on an island, their starting point wou...
Read More

$15 an hour – are you really worth it?

Burgers!
"Ironically, the futuristic short-order cook has been developed to replace workers in one of the most progressive states in America. Several California cities have already raised the minimum wage as the state plans to push the rate to $15 by 2022." “This wage is not sustainable for a lot of companies… in that $5 increase, you’re talking about $12,000 increase per employee… where does that money...
Read More

Legalize Drugs to Lower their Use

Great Spirit Journey
It's supply and demand dude! While I am against drug use I am for legalization of them. That might seem like a contradictory position, but really it's not. I believe that the best way to get people to stop using drugs is to legalize them. That may run counter to popular thought but it's not wrong and there's plenty of evidence to prove it. This evidence comes, of all places, from the various camp...
Read More

Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics by Henry Hazlitt’s

You may have heard television personality and all around nice guy Mike Rowe recommend this book as he's often done. Though I am nice I'm not much of a personality still I'd like to throw my recommendation behind this book as well. It is easy to read, easy to understand and logical. The book is a favorite among libertarians and has been endorsed by Ron Paul who said: "I strongly recommend t...
Read More
Top