P.J. O’Rourke, author of Eat The Rich, gives commencement advice worth giving:
1. Go out and make a bunch of money!
Here we are living in the world’s most prosperous country, surrounded by all the comforts, conveniences and security that money can provide. Yet no American political, intellectual or cultural leader ever […]
Archive for the 'General' Category
May13th2008
Comencement Advice Worth Giving
Published by in Academia, DayToDay, Economics and General. 2 CommentsMay12th2008
Greg Mankiw explains why the issue of the gas tax proposed by McCain and Billary matters:
This issue is like the canary in the coal mine: No one really cares about the canary, but its condition tells us about deeper problems that lie below.
Many economic issues (e.g., health care, corporate taxation, the trade deficit) are vastly […]
May1st2008
Thomas Sowell explains:
Those who want the government to provide subsidies to help meet the high cost of college seem not to consider whether government subsidies might have contributed to the high cost of college in the first place.
In any kind of economic transaction, it seldom makes sense to charge prices so high that very few […]
Apr29th2008
Quote Of The Day
Published by in Economics, FreeTrade, General, Hispanics (Minority Issues) and LatinAmerica. 2 Comments“Free trade with Colombia can’t have anything to do with loss of US jobs: Colombia’s exports already enter the US duty-free. Rather, the Free Trade Agreement would reduce remaining Colombian barriers to imports from the US….It is hard to escape the conclusion that the only reason Congressmen are opposing the Colombian […]
Apr28th2008
Why The Age Divide Between Hillary And Obama Supporters?
Published by in General and ModernPolitics. 1 CommentDavid Friedman, son of Milton Friedman, gives us his opinion:
I have a different theory, one that also helps explain the mirror image problem—the reason so many people dislike Hilary. To me, at least, she comes across as bossy, cautious, conservative, someone who knows what is good for other people and will firmly make them do […]
Apr24th2008
“John McCain is now aggressively exploiting loopholes in . . . wait for it . . . McCain-Feingold. Presumably this is all right because as we know, McCain is not like those other nasty politicians who take money as part of a corrupt quid-pro-quo. McCain is taking money in order to fight the good fight, […]
Apr21st2008
Quote Of The Day
Published by in (modern day) Liberalism, Academia, Economics, Education, General, University and Wal-Mart. 1 Comment“I have never quite encountered an intrinsically less fair institution than the university, at least in liberal terms of egalitarianism and respect for the underclass. A full professor may damn Wal-Mart, but Wal-Mart would never get away with the two-tier system that the university in built upon: the PhD part-timer has no job security, sometimes […]
Apr18th2008
What Is A Libertarian?
Published by in Capitalism, Economics, Environment, General, ModernPolitics and Myths. 0 CommentsDo you want to know what a Libertarian really believes in? Listen to the father of modern day Libertarianism, Milton Friedman define it without all the distortions and misrepresentations from those who claim to know what libertarianism is.
You need to a flashplayer enabled browser to view this YouTube video
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. 1 CommentYou need to a flashplayer enabled browser to view this YouTube video
From an old speech but just as relevant today as it was then.
Apr16th2008
“For the first time in decades, and probably ever, workers retiring from the US labour force will be better-educated on average (according to one measure anyway) than their much younger counterparts. Some 12 per cent of 60-64 year olds have a master’s degree or better; less than 10 per cent of 30-34 year olds do. […]
Apr15th2008
“Europe continues, slowly and reluctantly, to deregulate its economies. In this it is following the US example. The American economy has some problems at the moment, but the EU’s governments are ever mindful of, and oppressed by, the long-term success of the American model. What is interesting is that the United States has been moving […]
Apr14th2008
A new CBS/New York Times poll asked:
“From what you know, how much do you think the cost of the war in Iraq has contributed to the U.S. economic problems: a lot, some, not much or not at all?”
Harvard economist Greg Mankiw responds:
I have never taken a public position on the Iraq war: The issue is […]
Apr12th2008
Thomas Sowell On Income ‘Stagnation’
Published by in Economics, General, ModernPolitics and Myths. 0 CommentsYou need to a flashplayer enabled browser to view this YouTube video
Many of you have already heard the talking heads who claim income has been stagnant for many years but likely few of you have heard the response. Thomas Sowell gives it here.
Apr11th2008
“Michelle Obama has two Ivy League degrees, private school for her children, a third-of-a-million-dollar salary, a large home, and a U.S. Senator as husband and would-be President—and says she has hitherto not been proud of the United States. Rev. Jeremiah Wright has created a huge following in his Trinity Church, merchandises his lectures, enjoys nationwide […]
Apr10th2008
Quote Of The Day
Published by in (modern day) Liberalism, Economics, General, Inequality and ModernPolitics. 7 Comments“What the American people really should feel awkward and defensive about is the level of inequality and excess of political power. Instead of asking ourselves what we can do about Warren Buffett or Bill Gates, we should be asking ourselves about what we can do about the Clintons and the Spitzers. Those who want more […]
Apr9th2008
“”Need” now means wanting someone else’s money. “Greed” means wanting to keep your own. “Compassion” is when a politician arranges the transfer.” — Joseph Sobran via the Adam Smith Institute
