My good friend Jon asked an important question: why not prefer the European economic model vs the United States economic model? I didn’t want to bog down his comments section with a long response, so I thought I’d post my longer response here.
Basically, there are two paradigms, two “visions” of an economy. The first, is […]
Archive for the 'Discrimination' Category
Feb1st2011
The Left vs Right Economic Model (aka Europe vs United States model)
Published by in Discrimination, Economics, Europe, Hispanics (Minority Issues), Inequality, Personal and Taxes. 6 CommentsDec9th2008
Quote Of The Day
Published by in Chicanoism, Discrimination, Economics and Hispanics (Minority Issues). 0 Comments“Neither legal nor market forces have brought employment parity between whites and blacks in the United States. Parallel with the struggle of blacks for parity, Jews, East Asians, and immigrants generally, have made rapid economic progress and indeed (at least in the case of Jews and East Asians) largely overcome discrimination, yet without significant help […]
Dec8th2008
What Capitalism Is Doing To India
Published by in Capitalism, Discrimination and Economics. 2 CommentsA great article in the New York Times, see here.
A couple of snippets:
Mr. Prasad was born into the Pasi community, once considered untouchable on the ancient Hindu caste order. Today, a chain-smoking, irrepressible didact, he is the rare outcaste columnist in the English language press and a professional provocateur. His latest crusade is to argue […]
Apr18th2008
Milton Friedman On Race, Poverty And Government
Published by in Capitalism, Chicanoism, Discrimination, Economics, Education, General, Hispanics (Minority Issues), Minimum Wage, ModernPolitics, Myths, Poverty, Vouchers and affirmative action. 3 CommentsYou need to a flashplayer enabled browser to view this YouTube video
From an old speech but just as relevant today as it was then.
Feb12th2008
Quote Of The Day
Published by in (modern day) Liberalism, Discrimination, Economics, General, Hispanics (Minority Issues), Myths, Poverty and affirmative action. 2 Comments“There was very little civil rights law before Title VII; nevertheless the black-white income differential narrowed more rapidly in that benighted era than it has since. It is possible that antidiscrimination laws do not benefit their intended beneficiaries, because they give the beneficiaries a sense of entitlement and victimhood, foster tokenism, increase employers’ costs, cast […]
Feb11th2008
Why The Slowing Of Black Progress?
Published by in Discrimination, Economics, General, Hispanics (Minority Issues) and Poverty. 7 CommentsGary Becker’s answer:
Why did the progress of blacks stop well short of achieving full equality with whites, and is the slowdown during the past 20 years in black progress only temporary, or is it an indication of what the racial situation will be during the next few decades? The sharp slowdown is surprising mainly because […]
Nov21st2007
Quote Of The Day
Published by in Capitalism, Discrimination, Economics, General and Hispanics (Minority Issues). 3 Comments“The idea that an American could, under any circumstance of naturalization, become a governor of an Indian province, or be elected to high office in Austria seems remote. Yet we take the inverse for granted here. On Sunday night I spoke to a Jewish group in Fresno in support of Israel; on Wednesday I debated […]
Aug15th2007
The Difference Between Statistical Discrimination And Racism
Published by in DayToDay, Discrimination, Economics and General. 9 CommentsIt always annoys me when someone confuses true racism with statistical discrimination. VivirLatino gives a perfect example of that here. More on statistical discrimination here.
Jul13th2007
Abolish The SAT
Published by in Discrimination, Economics, Education, General, Inequality, Poverty and University. 1 CommentSo argues, persuasively and surprisingly, Charles Murray here.
Because upper-middle-class families produce most of the smartest kids, there is no way to reform the system (short of disregarding intellectual ability altogether) to prevent their children from coming out on top. We can only make sure that high-ability students from disadvantaged backgrounds realize that the nation’s best […]
Jan24th2007
The Minority Case Against The Minimum Wage
Published by in Discrimination, Economics, General, Hispanics (Minority Issues), Minimum Wage, Personal and Poverty. 14 CommentsMost of you have heard the standard arguments against the minimum wage - that it is a weak poverty reduction tool, it increases prices, increases unemployment, hurts small businesses, makes the economy less efficient, etc, etc, but what I want to write about today is the harm done by the minimum wage that is least […]
Dec6th2006
“The great virtue of a free market is that it enables people who hate each other, or who are from vastly different religious or ethnic backgrounds, to cooperate economically. Government intervention can’t do that. Politics exacerbates and magnifies differences.”–Milton Friedman
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
“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 […]
Aug2nd2006
Quote Of The Day
Published by in Discrimination, Economics, General, Hispanics (Minority Issues), Poverty and affirmative action. 0 CommentsThe greatest dilemma in attempts to raise ethnic minority income is that those methods which have historically proved successful — self-reliance, work skills, education, business, experience — are all slow developing, while those methods which are direct and immediate — job quotas, charity, subsidies, preferential treatment — tend to undermine self-reliance and pride of achievement […]
Jul28th2006
Quote Of The Day
Published by in Chicanoism, Discrimination, Economics, General, Hispanics (Minority Issues), Immigration and Minimum Wage. 0 Comments“My mother arrived in Britain penniless, but fortunately for her—and for Britain—no one sought to persuade her that she need not learn English, and no one set up expensive and ineffective services for her in case she did not. She was not obliged to give up her tastes or conform in private respects, but she […]
Jul19th2006
The Crazy 60’s
Published by in Discrimination, Economics, General, Hispanics (Minority Issues) and Myths. 13 CommentsThomas Sowell sets the record straight on many supposedly good things that came out of the 1960’s:
While liberals may think of the 1960s as the beginning of many “progressive” trends in American society, cold hard facts tell a very different story. The 1960s marked the end of many beneficial trends that had been going on […]
