Adam Smith, Karl Marx and the False Basis of the Minimum Wage
The false concept that workers are exploited by employers forms the basis for demands for a minimum wage. It is …
Category Archives: Economics
Economics 101 versus Advanced Hysteria 480, Tax Reform Gets Done
Donald Trump Holds Up Signed Tax Reform Bill While there is much to criticize regarding the new tax reform bill …
Nothing has Changed: Future Economic Fundamentals are Still Bad
For many long term readers the above graph is familiar, it depicts to the extent the current economy is being …
Fantasia Meets Reality: Seattle Discovers That the Minimum Wage Hurts the Poor
In discussions regarding the Minimum wage, the left is always marching out stories of single mothers living paycheck to paycheck. …
Trickle Down Elitism; Americans Losing Respect for Trades
Across the U.S., millennials are entering college and the workforce. These products of modern education are finding the world a somewhat …
The Politicized Economy: Populism, Propaganda, and Pandemonium
The November Jobs Report was Disappointing, but not surprising. The Economy, that has been on life support for all of …
An Economy Adrift
If there is one phrase that has been repeated more often than any other in regards to the economy, it …
Dark Moon Rising: Time to Face Economic Reality
There has been a cold wind blowing for some time, a distinct chill hinting at a coming storm. For awhile …
The Great Monetary Bubble and the Recovery that Never Was.
Across the ocean, a European finance minister is finally taking note and sounding a warning about what has been …
The Elephant Behind the Postage Stamp
Many have been falling over themselves talking about the problems in Greece. Its default and probable exit from the Euro …
