I read your post, thank you. I'm not very interested in discussing the relative merits of various "-isms" , but I am very much interested in the...
Who are you referring to here. The only economic segments that so far as I know that might conceivably advocate "open Borders" would be those...
In a capitalist economy, price controls are strictly a temporary emergency measure. Price controls might be useful to prevent price gouging in...
Everything you say is true. The champions of laissez faire capitalism won't accept that you're right until they are dragged by the heels to the...
"Capital displaces labor" --Karl Marx [ATTACH]
Of course no sane person would consider it enough to live on. Therein lies the problem. Aren't you getting a wee bit tired of sudsidizing...
I will think about that. We are by far the most capitalist large economy on Earth. But we are not entirely capitalist. We have a mixed economy....
That's a point of view I respect, though I think it's not quite right. I believe the Baby boomers will do better in retirement than the those in...
No one has ever been able to live on minimum wage without scrimping, and nowadays without taxpayer funded welfare. Even with that, you'll be...
In truth raising the minimum is either inconsequential, good, or bad depending on where you raise it to and how fast you raise it. Most of the...
I am in southern Mississippi. How much I envy you! What I wouldn't give to be in Calgary right now! I recall when I was working at Los Alamos,...
Thank you for turning up that unbiased and beautifully simple analysis where nothing changes except the wages of your minimum wage workers and...
He did not argue it in the 2007 paper. Perhaps in the 2010 paper,but I doubt it. Miskolczi's approach wouldn't require that he argue that, so why...
I am here posting the link to Rerenc M. Miskolczi's ground breaking paper published in Hungary in in early 2007. it is...
Shadow stats is John Williams subscription sight. His numbers come from a simple adjustment to the government figure. He doesn't actually go...
The important thing is the spread between what Treasuries are yielding and the inflation rate. If you use the official Fed inflation rate than...
None of this is surprising. These studies are both looking at the same small effect. Its the characteristics of politically active groups v. the...
This may be more information than you wanted. I have been at various periods in my long life, among other things here omitted, a newspaper...
I agree.
That's the way you would define it for accounting purposes. You must be an accountant.
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