Random Observations about...
Economics

Rising Parasitic Employment

Victor Davis Hanson: Fifty years ago junior wanted to be a civil engineer or master welder — today an environmental...

Money is Power Politicians Don't Control

Ever wonder why left-leaning politicians are so obsessed with money? They want to control money, appropriate money, "keep money out...

Fareed Zarakia: Idiot

I was going to label this "Fareed Zakaria, Economic Idiot", but, upon reflection, I realized that description was a tad...

Review: The One Percent

Jamie Johnson, an heir to the Johnson & Johnson fortune, attempts to make a documentary about wealth and poverty in...

Unions Create No Wealth

Just got done listening to a protester in Madison rant about how his opponents (anyone to the right of him)...

NY Times: Sceptical When It Needs To Be

Hmmm... a real case of "he said, she said"... As Congress continues to debate the new health care law, health...

Burning other people's money

Good (short) article over at the PJ "Tattler. Key point, about some peoples' desire to hurt "the rich": Are people...

Of Booms and Busts

I've been thinking the lyrics of the recent econ rap video, Fear the Boom and Bust. Word, Hayek: The place...

Balance of Trade

Via Cafe Hayek: When, for example, Ikea builds a store in Milwaukee, America's trade deficit rises. But this investment in...

Paul Krugman: Let's spend our way out of debt!

No, seriously... So what should we be doing? First, governments should be spending while the private sector won't, so that...

Even *Better* Than High-Speed Rail?

Cato: This past Tuesday, Amtrak proposed to spend more than $100 billion increasing the top speeds of trains in its...

Karl Marx: The Principles of Communism

From a one-star review of a book by F.A. Hayek: In conclusion, if you want the most succinct reactionary critique...

Tax the Wealthy!

Bush tax cuts have been boon for the wealthy It's unclear why the tea partiers aren't against the possible...

Home Buyers' Tax Credit

My wife and I have been looking to buy a home in recent months. You would think we would have...

Delayed Flights

Via WSJ: Why a Six-Hour Flight Now Takes Seven .... Across the airline industry, carriers have been adding minutes to...

Governmental Failure is "Capitalism"

In Michael Moore's latest movie: One such tale involves a for-profit juvenile-detention center in Pennsylvania whose operators allegedly bribed two...

Spend, Obama, spend! And save jobs

Friends of mine on the right had told me that the left seemed to be trying to re-enact the Great...

Debunking the CRA Argument?

My current understanding is that the current financial meltdown had three key factors, all of which had their origins in...

Dude, Where's My Summer Job?

This year, it’s harder than ever for teens to find a summer job. Researchers at Northeastern University described summer...

High gas prices are caused by greed!

Thomas Sowell, from Basic Economics, page 64: ... too often, results of systemic interactions are falsely explained by individual intentions....

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