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Archive for the 'Economics' Category

Lessons Not Learned – Housing, Education, and Hubris

Monday, January 7th, 2013

What is amazing to me is that despite the colossal failure of federal housing policy – whether we are talking about the Boom and Bust, or Urban Renewal, or Freddie Mac and Fannie Mae – our political class has learned nothing from any of these disasters. And all of these disasters share a common theme – hubris: The propensity of politicians to believe they can determine better outcomes than the forces of the free market.

More Bullshit from Congress

Wednesday, January 2nd, 2013

It will be of little avail to the people, that the laws are made by men of their own choice, if the laws be so voluminous that they cannot be read, or so incoherent that they cannot be understood; if they be repealed or revised before they are promulgated, or undergo such incessant changes that no man, who knows what the law is to-day, can guess what it will be to-morrow. Law is defined to be a rule of action; but how can that be a rule, which is little known, and less fixed?

A New Year

Wednesday, January 2nd, 2013

Well, it’s a new year, and I’ve already missed on my first resolution, which was to post something every day. OK, so I’ve already revised it to posting something at least five times a week.

That’s Just Your Opinion

Friday, March 18th, 2011

Several years back, when I was doing some software training at a company in Green Tree, we (the trainers) were all standing around the reception desk during the students’ morning break. Our supervisor came by (a former trainer, and an Ed major), and passed around a resume for us to look at as a potential […]

Cutting the future away…

Wednesday, March 16th, 2011

So I’m going through Facebook tonight and I see the following: Way to go Gov. Kasich cut 132 million from the schools and laying [off] many teachers…just keep cutting the future away… So what are the actual facts? Let’s start with something I heard Huckabee say a while back. I’m paraphrasing here, but the gist […]

The Morality of Unions

Monday, February 28th, 2011

When companies are forced to pay more for labor than it is actually worth, the difference between the value of the labor and the cost of the labor is passed onto the consumer in higher prices.

Juan Williams, “Public” Broadcasting, and Public Choice

Tuesday, October 26th, 2010

Back in 1994, after the Republicans won control of both houses of Congress, there was some discussion of defunding public broadcasting. However, talk was pretty much all that happened. The CPB launched a 2-pronged advertising offensive on their affiliates whose message could be summed up by the following catch phrases. If public broadcasting doesn’t do […]

Mindless Entertainment

Saturday, April 24th, 2010

Glee is to serious music what Jacqueline Susann is to serious literature. It’s a show that stubbornly refuses to suspend disbelief. It offers us caricatures, not characters, and plots that can only be described as profoundly silly. It’s Kentucky Fried Movie, not Citizen Kane. And that’s the whole point. Glee is an excuse to sing pop songs and show tunes with really nice harmonies and schmaltzy choreography. It’s a show that leaves us feeling like we did whenever we heard “Walkin’ on Sunshine” back in the 80′s.

Quote of the Day 12/26/09

Saturday, December 26th, 2009

There is no virtue in compulsory government charity, and there is no virtue in advocating it. A politician who portrays himself as caring and sensitive because he wants to expand the government’s charitable programs is merely saying that he is willing to do good with other people’s money. P. J. O’Rourke.

Quote of the Day 12/16/09

Wednesday, December 16th, 2009

Is it really likely that a National Planning Officer would have a better judgement of ‘the number of cars, the number of generators, and the quantities of frozen foods we are likely to require in, say, five years,’ than Ford or General Motors etc., and, even more important, would it even be desirable that various companies in an industry all act on the same guess? Friedrich Hayek.