“If the European Union were a state in the USA it would belong to the poorest group of states. France, Italy, Great Britain and Germany have lower GDP per capita than all but four of the states in the United States. In fact, GDP per capita is lower in the vast majority of the EU-countries […]
Archive for November, 2006
Nov18th2006
“Among the greatest champions of freedom in all of history, Milton Friedman was a giant. His greatest legacy is the tens of thousands of children who now attend high-quality schools because of the idea of school choice that Dr. Friedman pioneered in 1955. He leaves that precious legacy to a new generation of […]
Nov17th2006
I paste below a tribute and a description of who Milton Friedman was from the Financial Times for those who don’t know how lucky we are to have had him in this world:
Milton Friedman, economist, dies aged 94
By Samuel Brittan
Published: November 16 2006 17:58 | Last updated: November 16 2006 17:58
Milton Friedman, who has died […]
Nov16th2006
With a sad heart, I report the news that Milton Friedman has died at the age of 94:
Milton Friedman, the Nobel Prize-winning economist who advocated an unfettered free market and had the ear of three U.S. presidents, died Thursday at age 94.
Friedman died in San Francisco, said Robert Fanger, a spokesman for the Milton […]
Nov16th2006
The WSJ Explains The Harm Of The Minimum Wage In Simple Terms
Published by in Economics, General, Hispanics (Minority Issues) and Minimum Wage. 10 CommentsSo simple even Nancy Pelosi could understand:
Classical economics teaches that for a given job, there is a market-clearing price — the price at which both someone is willing to do it and someone else is willing to pay them to do it. If you raise the legal minimum above that price, you may get […]
Nov16th2006
“I would add only that as society becomes more competitive and more meritocratic, income inequality is likely to rise simply as a consequence of the underlying inequality–which is very great–between people that is due to differences in IQ, energy, health, social skills, character, ambition, physical attractiveness, talent, and luck. Public policies designed to reduce income […]
Nov15th2006
Why I Love Justices Nominated By Conservatives
Published by in General and Judicial Nominees. 0 CommentsBecause conservatives tend to nominate Judges that say things like this:
Not a single person has voted for me and if we don’t like what the people in Congress do we can get rid of them, you know, if you don’t like what I do, it’s kind of too bad. And that is to me […]
Nov15th2006
” In 2001, comparing men and women who never married, never had a child, worked full time, and were college educated, women earned 117% of what men earned. That is, after controlling for marital status, having children, hours worked and education, men earned 85% of what women earned”. — Dr. Mark J. Perry, professor of […]
Nov14th2006
Vouchers Would Reduce Segregation
Published by in Education, General, Hispanics (Minority Issues) and Vouchers. 0 CommentsThe WSJ has a great article on how vouchers would likely reduce segregation:
Vouchers in Black and White
November 8, 2006; Page A22
One frequent, and nasty, argument against school vouchers is that they will end up resegregating public schools. It’s all the nastier because the truth is the opposite, as some new evidence shows.
The liberal Urban […]
Nov14th2006
“The youth unemployment rate is largely an artefact of French law. If employers were free to fire employees without cause, as under “employment at will,” the most common form of employment contract in the U.S. private sector, they would be much more willing to take a chance on hiring workers without a record of satisfactory […]
Nov13th2006
Quote Of The Day
Published by in (modern day) Liberalism, Economics, General and Welfare. 0 Comments“To dole out relief is to administer a narcotic, a subtle destroyer of the human spirit. The federal government must and shall quit the business of relief.” –Franklin D. Roosevelt
Nov10th2006
Quote Of The Day
Published by in Foreign Policy, General, Hispanics (Minority Issues) and Immigration. 7 Comments“Open immigration to America worked well during the 19th century because the government did very little for immigrants and their families. How immigrants voted after becoming citizens also mattered little because government decisions were not so important. With the growth of government during the past half century, neither of these conditions continues to hold, so […]
Nov9th2006
God Bless Innovators and Entrepreneurs
Published by in Capitalism, Economics and General. 2 CommentsGod bless innovators and entrepreneurs, for they are the ones that make life better for all of us. Johan Norberg, writing in the Wall Street Journal, explains why:
We tend to take our opportunities for granted, but our ancestors could not have imagined what we now have. In the last 100 years, […]
Nov8th2006
The recent winner of the Nobel Peace Prize, Muhammad Yunus, explains why he prefers to help the world’s poor with loans rather than grants of financial aid:
Many people ask, Why not just give free cash, especially under such dire circumstances? In Bangladesh, we’ve learned that when aid is free, not only do the poor get […]
Nov8th2006
“It’s so much easier to be openly gay in the Republican Party than to be a Republican in Hollywood” — Peter Hankwitz, California television producer and an openly gay Republican running for the U.S. House, quoted in the Los Angeles Times.
Nov7th2006
Cobb On The Difference Between Liberals And Conservatives - And Malcolm X
Published by in General, Hispanics (Minority Issues) and affirmative action. 11 CommentsOne of my favorite Black conservatives is Michael D. Cobb Bowen, or Cobb for short, who blogs over at the blog Cobb. In reading through the comments section of a post on Black Republicans over at the Black Professors blog, I found this comment of his:
If there’s a quick way to summarize […]
