12 days ago by wintercow20

I’ve gone 30 days without tuning into news, so I missed this report when it originally aired on 60 minutes. Proponents of minimum and living wage increases often point to the fact that the cost of living is high in many cities, so that the “low” level of the minimum wage (currently $7.25 per hour) i ...

The Unbroken Window - theunbrokenwindow.com · Rank: 61,826 · 18 references

29 days ago by Ariel Goldring

The first thing to be said about wage and price fixing is that it is harmful at any time and under any conditions. It is a giant step toward a dictated, regimented, and authoritarian economy. It makes impossible arrangements that both sides are willing to agree to. It sets aside contracts that have ...

Free Market Mojo - freemarketmojo.com · Rank: 60,806 · 4 references

41 days ago by laudyms

By National Nurses United Dec. 21, 2009 The 150,000 member National Nurses United, the nation’s largest union and professional organization of registered nurses in the U.S., today criticized the healthcare bill now advancing in the U.S. Senate saying it is deeply flawed and grants too much power to ...

Wake-up Call - laudyms.wordpress.com · Rank: 109,388 · 3 references

48 days ago by Nathaniel Ward

Richard Epstein: Harry Reid Turns Insurance Into a Public Utility. "The argument seems to be that price controls alone can force out the waste and inefficiency that are posited to be the hallmark of private markets. By this twisted logic, rent control is the perfect path to efficient competitive mar ...

Nathaniel Ward - nathanielward.net · Rank: 182,874

48 days ago by Charles Goyette

America is transforming itself, without forethought, debate, or pause, into a command economy. A command economy is a top-down, state-controlled economy directed by planners and bureaucrats, boards and bodies, administrators and authorities. A command economy is not characterized by mutuality of int ...

Whiskey & Gunpowder - whiskeyandgunpowder.com · Rank: 3,182 · 131 references

60 days ago by admin

Rockstar Economist Peter Schiff tells RT’s Marina Portnaya that Lehman Brothers failure was a success not a failure. He says Americans will face increasing unemployment, inflation, and possible bread-lines if government backed bail-outs continue. Duration : 0:11:55 addthis_url = 'http%3A%2F%2Fwww.pe ...

Peter Buzz - peterbuzz.com

62 days ago by Raymond J. Keating

OK, let’s see if I have this straight. TheHill.com is reporting today that President Obama still supports the reimportation of prescription drugs. However, Obama’s own Food and Drug Administration opposes reimportation. As a senator, on the campaign trail and in his budget, Obama has supported reimp ...

BusinessTrends Blog - sbecouncil.blogspot.com · Rank: 91,463 · 9 references

65 days ago by Reticulator

Jason Zweig has an article in the WSJ “Intelligent Investor” section in which he says that sixty percent isn’t much better than a coin flip. He needs to learn some probability and statistics. You can make good money with odds like that, especially if you get hundreds of coin flips. The article is ab ...

The Reticulator - reticulator.com · Rank: 85,093 · 11 references

68 days ago by wintercow20

Here’s another twisty pretzel anti-market zealots get themselves caught in. Many “progressives” are ardent supporters of anti-trust policy. One part of anti-trust policy is that firms can be doing a “bad thing” by offering prices to the consumers that are “too low.” You read that correctly. So not o ...

The Unbroken Window - theunbrokenwindow.com · Rank: 61,826 · 18 references

70 days ago by Ben Resnick

It’s hard to miss the barren shelves in grocery stores due to a pending Eggo Waffle shortage. The recent run on the popular breakfast food is one of the few times when a very clear-cut piece of microeconomics hits home enough to capture the attention of people without an economics background. What f ...

Aplia Econ Blog: News for ... - econblog.aplia.com · Rank: 107,520 · 17 references