Month: January 2014

Economics and Economy

Are We Watching The Central Bank Era End?

Are they going to peg all the banks? Why, they could buy ground and build a new Mississippi cheaper. They are pegging Bulletin Tow-head now. It won’t do any good. If the river has got a mortgage on that island, it will foreclose, sure, pegs or no pegs. — Mark Twain quoting Uncle Mumford, Life on …

News

When Will Minimalism Reach Government?

Progress isn’t made by early risers. It’s made by lazy men trying to find easier ways to do something. –Robert Heinlein I threw away some of favorite clothes. It was 2008. The economy was crumbling. My job hung by a thread. Even sober, wise people warned of global economic collapse. So I threw stuff away …

Conscious Capitalism

Companies Should Adopt Conscious Capitalism Because It Pays

You’re going to hit me with the small sample size argument here, but that’s okay. I firmly believe that the purpose of a company is to make life better, and if it does that well, it will make a profit. If, on the other hand, a company makes life worse, the market should let that …

News

Let’s Not Prove Karl Marx Right

Karl Marx foresaw something that’s now playing out. As corporations cut labor costs to increase profits, they also destroy the markets for their goods and services. This chart shows corporate profits (red) and wages as a percentage of GDP (blue) from 1944 to 2012: When the blue line is higher than the red line, you …

News

A Freaky Index Says 2014 Will See Economic Crash

Empire State Building

I wanted to write this post earlier today, so you’d all think I’m really smart. But I had to work until 10:00 tonight. I never go to it. Now, things are happening that might make this post less prescient. I’m writing it anyway. The Weirdest Index The financial world has a lot of weird indexes. …

IRS Scandal, News

Here’s What Chris Christie Got Right

I stand by my assessment that Chris Christie’s leadership and management played a role in the retaliatory shutdown of Fort Lee’s access lanes to the George Washington Bridge. Yesterday, I compared the GWB scandal to several Obama scandals. I pointed out that conservatives must apply the same standards to Christie as we did to Obama …

News

Why “Time for Some Traffic Problems in Fort Lee” Matters

One argument put forth by conservatives–and even some liberals–regarding the IRS scandal was this: Obama set a tone that encouraged IRS workers to harass conservative and Tea Party groups. He didn’t have to give a direct order. His tone and statements clearly condoned such criminal behavior toward his political enemies. Kimberly Strassel at WSJ.com: Mr. …

Activism, Jefferson City

Missouri Statewide Right to Work Meeting Wednesday January 8

Use your snow day to join the opening of the Missouri General Assembly Speaker of the House Tim Jones • Lieutenant Governor Peter Kinder Representative Eric Burlison and Senator Ed Emery * State Capitol in the beautiful House Lounge next to room 308 201 W. Capitol Ave. Jefferson City, MO Wednesday, January 8th at 10am …

The Weednesday Post

Here’s What Marijuana Does To You

Last week’s Weednesday Post generated several comments that took my side but the facts wrong. Specifically, a couple of commenters claimed “marijuana is harmless.” That’s not true. While cannabis may be have fewer harmful effects than alcohol and tobacco, someone who abstains from all three will be healthier mentally and physically than the same person …