How employment actually works
Let’s talk about this image: First, it is generally NOT true that workers at a business create value. Most workers, instead, transform existing materials ...
Category: Economics
Imposing fines based on income
I’ve seen this idea crop up every now and again. And a lot of people are wanting this because 1. it sticks it to the rich and 2. it’s from Europe, s...
Bernie doesn’t understand the drug market
I’ll say this up front: if you’re complaining about the cost of something today compared to several decades ago, and your explanation doesn’t ...
About that trillion dollar coin
Something you may or may not have seen in the news is the “trillion-dollar coin”. Basically the idea is the Treasury would order the United States M...
Once a government…
A friend of mine recently tagged me on Facebook to ask my opinion on this. Below is my response with some enhancements and additions. * * * * * Quoting for acce...
Taxing firearms
Article: Don’t Ban Assault Weapons – Tax Them I’ve said before (here and here) that subtle racism largely fuels the calls for greater financial burd...
The biggest problem in health care NO ONE is discussing
With all the discussions about how to bring down the cost of health care in the United States, there is one I’m surprised few are discussing. Physician de...
One question no one seems to ask about diversity
Article: “Diversifying tech: Yes, white men can be part of the solution and not the problem” Ah another piece of virtue signalling. In other words, ...
Trickle-down economics, or why you have a computer or smartphone
Many on the left do not understand how “trickle-down economics” works. The more accurate name is “supply-side” economics. Colloquially i...
It’s not an "anti-college" debate
Let’s start with a simple question: if I recommend that you buy a PC over a Mac, am I anti-Mac? I think a lot of us would probably say No, especially if t...
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