by Henry Oliner | Aug 17, 2018 | Economics, Philosophy, Politics, Progressivism
From Mark Perry at Carpe Diem, Quotation of the day on capitalism as a naturally occurring, self-organizing organic phenomenon…. …. is from Michael Rothschild’s book Bionomics: The inevitability of capitalism (later titled Bionomics: Economy asecosystem), bold...
by Henry Oliner | Aug 7, 2018 | Politics
from Carpe Diem . When it comes to goods and services that are ‘human rights’ who decides, who pays and who produces? Every time I hear “healthcare/education/college/housing/food/whatever is a human right,” I ask: 1. What goes in the category of “human rights,” and...
by Henry Oliner | Jul 14, 2016 | Economics
The excellent and telling graph above is from Mark Perry’s Carpe Diem. The incredible jump correlates very strongly with higher minimum wages that took place in several large urban areas.
by Henry Oliner | Jul 12, 2016 | Uncategorized
Measuring income inequality is more difficult than most realize. Is it a problem if the middle class is shrinking if the reason is that most are moving into the upper class? Why isn’t Obama bragging about this?
by Henry Oliner | Apr 16, 2016 | Economics
from Carpe Diem and Mark Perry, a simple and effective analogy on the minimum wage, What economic lessons can we learn about the $15 minimum wage law from an ‘$8 per pound minimum beef price law’? Economist Walter E. Williams has used the following example to...
