Quite interesting. The picture often looks quite different when you put all the variables on the table or into the algorithm. ====== By Phil Gramm And John F. Early ‘The War on Poverty is not a struggle simply to support people,” declared President Lyndon B. Johnson in 1964. “It is an effort to allow them to develop and use their capacities.” During the... Read more
Archive for the ‘Economics’ Category
How to Make a Living
September 2 | Posted by mrossol | Economics, Education, Personal Development, Work worldOne of the best articles on the value of being able to write clearly and concisely that I have read in a long time. ======== WSJ 8/30/2018 As a 20-year-old graduate student in creative writing, I asked a professor how to submit work for publication. “If you’re already worried about publishing,” he said, “you’re not a serious writer.” I was serious—and desperate to learn... Read more
Free Markets; Free Press
May 5 | Posted by mrossol | 1st Amendment, EconomicsWSJ 5/2/2018 By Kevin Brookes And Patrick Déry
Sixty-five journalists were killed while plying their trade in 2017, according to a report from Reporters Without Borders. This was the grimmest detail from the organization’s press-freedom update, which depicts dark times for the media. This Monday, nine journalists were among at least 25 people killed in two bombings...
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Are We Really Listening?
April 23 | Posted by mrossol | Economics, EducationOh, how I wish someone would have introduced me to “Economics” at an earlier age… === WSJ 4/23/2018 By Quinn Connelly Jordan Peterson’s “12 Rules for Life: An Antidote to Chaos” has become a cultural phenomenon. But one aspect of his work is underappreciated— economics. Most of us hate making difficult decisions, but as Mr. Peterson sternly reminds us, life is full of tough... Read more
Tariffs
March 7 | Posted by mrossol | American Thought, Economics, TrumpWe’ve seen this movie before.. ==== WSJ 3/7/2018 From a 1930 letter signed by 1,028 economists opposed to the Smoot- Hawley Tariff Act: We are convinced that increased protective duties would be a mistake. They would operate, in general, to increase the prices which domestic consumers would have to pay. By raising prices they would encourage concerns with higher costs to undertake production,... Read more
Blaming Racism
March 7 | Posted by mrossol | American Thought, EconomicsInteresting, yes. ====== BY Jason L. Riley, WSJ 3/7/2018 After the deadly riots of the 1960s in Los Angeles and Detroit, President Lyndon B. Johnson appointed a commission—which is what politicians do when they don’t really know what to do or need to stall for time. The result was the Kerner report, issued 50 years ago last month. The report blamed black... Read more
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