Blog Archives

Gambling Prohibition, Monopolies, and the “Trump” Bankruptcies: A Lesson for Conservatives

trump plaza

In case I get accused of libertarianism (again!), since I am writing criticisms of gambling prohibition, let me just say that I am not one. I am a Christian who thinks the Bible is the authoritative word of God that

Posted in Business, Corruption, Economics Tagged with: , , , , , ,

Inflation is Bad for Us!

flying-cash

I still vacillate between believing people like this really are tragically blinded to reality by an abysmal education and ideology, and the thought that some in this Administration actually do want to destroy America and her place in this world. The

Posted in Economics, Economy, Federal Reserve Tagged with:

The Economic Fallacy Behind Making Netflix Pay

netflix loading

Internet providers are intent on making Netflix pay in order to send their content. This is part of the ongoing debate on “net neutrality.” I don’t have a fixed opinion on net neutrality, but it seems that the arguments against

Posted in Economics, Government Control, Technology Tagged with: , , ,

Should Threats to Rare Languages Worry Us?

babel

An eye-catching headline at Newser.com about rare languages leads to this story in Science Magazine: “Languages are being wiped out by economic growth.” The world’s roughly 7000 known languages are disappearing faster than species, with a different tongue dying approximately

Posted in Culture, Economics Tagged with: ,

Green Energy Still Far Off

SONY DSC

The official version of reality is that we are running out of what we know as fossil fuels. So gas and coal are going to become more expensive so that it becomes worthwhile to get our energy from other sources,

Posted in Economics, Economy, Energy, Environment Tagged with: , ,

Keynesian Economist Admits It's a Depression

KeynesianEconomics

You know things have gotten really bad when a Keynesian economist starts talking truth. UC Berkeley economics professor J. Brad DeLong, a deputy assistant U.S. Treasury secretary under President Clinton, has published an opinion piece in which he calls on

Posted in Economics, Economy, Employment, Liberalism Tagged with: , , ,

Is the Price of Butter Economic Bad News? No, but It Is Bad News for Michelle Obama

butter in coffee

It is easy to get discouraged when you see a story about the price of butter going up. With money pouring into the economy from the Federal Reserve’s “quantitative easing” program, prices get destabilized. Food and energy are especially prone

Posted in Economics, Economy, Email Featured Tagged with: , , , ,

Jobs Pay 23 Percent Less Today Than Before Obama

ObamaWizard

Remember in 2009, right after coming into office, President Obama and his top aides swore they would “focus like a laser” on jobs? Sadly, it turns out that Obama apparently learned to use that laser at the Imperial Stormtrooper School

Posted in Economics, Economy, Healthcare, Jobs, Liberalism, socialism Tagged with: ,

Cash for Clunkers Hurt the Auto Industry

government competence

Cash for Clunkers was presented as an easy way for the government to help the auto industry. But it didn’t. The government is so big and powerful it should be able to help an industry. Even as a conservative, I

Posted in Economics, Economy, Environment, Global Warming, Government Control Tagged with: , ,

End the Evil! End the Fed!

fed reserve

Why must we end the Fed? Mark Horne nails the evil Federal Reserve System with this conclusion: When preparing for the future becomes too difficult to accomplish, people tend to push it out of their minds. They are not failing

Posted in Banks, Corruption, Economics, Economy, Email Featured, Federal Reserve Tagged with: , , , ,

Minimum Wage Reality: Restaurant Charges Extra to Cover Expense

minimum wage

When a business starts losing more money to its employees, it must charge more for goods and services or else cut the number of employees. Politicians increase the minimum wage knowing this, but also hoping that the changes will be

Posted in Business, Economics, Government Control Tagged with: ,

University President Gives $90k of Salary for Raise for Lowest-Paid Employees

minimum wage

When Raymond Burse became interim University President of Kentucky State, he inquired about how many employees were making minimum wage. Then he did some math and figured they could be paid $10.25 an hour if his own annual compensation was

Posted in Economics, Jobs Tagged with: , ,