by Henry Oliner | Aug 31, 2016 | Economics
Kevin Williamson at National Review addresses the zero sum thinking in The New New Malthusians: excerpt: For well over a century after Malthus’s death, variations on his prophecy — that growing human populations would eventually overwhelm the world’s natural...
by Henry Oliner | Aug 31, 2016 | History, Law, Politics, Progressivism
From National Affairs George Will writes The Limits of Majority Rule. : an excerpt: If the sole, or overriding, goal of the Constitution can be reduced to establishing democracy, and if the distilled essence of democracy is that majorities shall rule in whatever...
by Henry Oliner | Aug 30, 2016 | Uncategorized
from Nikki Johnston-Huston at Huffington Post, The Culture of the Smug White Liberal: unable to copy excerpts, but this is a classic, and I encourage you to link and read the whole thing “The Truth is that Liberalism is about making elites feel better about...
by Henry Oliner | Aug 30, 2016 | Economics
Milton Friedman’s basic theory was MV=PT. The supply of Money times its Velocity or turnover equals the Price level times the number of Transactions. Milton assumed the Velocity was relatively fixed and that therefore the control of the supply of money was the...
by Henry Oliner | Aug 30, 2016 | Business, Economics
From Barron’s Stephanie Pomboy: A Grim Outlook for the Economy, Stocks by Leslie Norton What’s caused this growth in inventories? It isn’t because companies ramped up production. Companies aren’t using cheap capital to increase production and capital expenditures, but...
