Browsing All posts tagged under »Economics«

Why The Practicality Trolls are Wrong

May 11, 2013


I’m going to start by coining a phrase: Practicality troll. n. One who blames young people for their own economic misfortune, on the grounds that they chose an impractical education or career path. Practicality trolls are not hard to find. One only needs to find a news article about the economic situation of today’s young people. Whether […]

The Rent is Too Damn High

May 15, 2012


A rather dismal statistic has been making the rounds of the internet recently: There is not a single American state in which a minimum wage job will provide sufficient earnings to pay the rent on an average two-person apartment. The findings are summarized in the image below: In 2011, there were 73.9 million people in […]

Can a humanist be a conservative? Likely not.

May 6, 2012


Prominent are often quick to point out the political diversity of their movement. There is a lot of truth to this claim-atheists range across the political spectrum from Bill Maher to Penn Jillette and the late Christopher Hitchens, but a brief survey of the atheist movement shows that despite this diversity, the vast majority of atheists […]

A Philosophical and Financial Case for an Aggressive Estate Tax

February 15, 2012


The Occupy Movement is dormant for the moment. Cold temperatures and aggressive police forces have forced tents out of parks and financial districts in major cities around the world, but there are still rumblings. Occupy Oakland is still highly active,Rick Santorum was glitter-bombed by Occupy Tacoma yesterday, and there is a global general strike planned for May […]

On Luxuries and the Kitchen Table

January 12, 2012


The ongoing physical battles on the streets of Greece have been mirrored in the rest of the financially struggling world with a rhetorical battle to establish the narrative of exactly what went wrong there. The deficit hawk s are winning this battle. Their message is generally along the same line as this Forbes article: A bailout, […]

Occupy Edinburgh Day 14: The Robin Hood Tax

October 29, 2011


Occupy Edinburgh has grown some more. Far from fizzling out as the weather gets colder, the occupation has flourished. Fully one half of St. Andrew Park is covered in tents. Yet despite the numbers now living there, the site is remarkably well-run. There are maintenance tents as well as pavilions both for serving food and organizing and a […]

Calculators, Railroads and Spam: Some Thoughts on Regulation and Innovation

July 19, 2011


Check out this video of Milton Friedman talking about a calculator and the railroads: The oversized LCD calculator that Friedman displays in the beginning does a lot to date the video, but anybody with any experience in the interminable and politically polarized dispute over government interference in the market will know that the argument he […]