Category : ECONOMICS

unpaid-internship

Are Unpaid Internships Really That Problematic?

Summertime is that part of the year where college students try to figure out what to do with that interim period of time. Some work at a menial job unrelated to their field just to scrape enough money to pay…

0 Comments / 42 View / July 15, 2015

applications-intenational-trade-14-638

A Crude Awakening: Why Lift the Crude Oil Exports Ban

Oil production in American has been on the rise since the end of the Great Recession, all in spite of the fact that the American government likes to metaphorically shoot itself in the foot with bad policy. No, I’m not talking about…

0 Comments / 66 View / June 30, 2015

epi_ceopay

CEO compensation is not a significant driver of inequality

A recent blog post in The Wall Street Journal claims that CEO-to-worker compensation has risen, that this gap is a major driver of inequality, and that CEO pay could be regulated down without a drop in performance. This argument is based on a…

0 Comments / 84 View / June 24, 2015

Unknown

Is Pursuing a College Education Worth It? Depends On Who You Are and the Type of Degree

Originally posted on November 28, 2014. Educational attainment is one of the best indicators of one’s success in professional development and overall social mobility. Having a solid education, and more specifically, going to college (which for purposes of this discussion,…

0 Comments / 20 View / June 5, 2015

FT_14.09.08_MinimumWage

Robert Reich Is Wrong About Minimum Wage….Again!

Sometimes, it astounds me how smart men can act so stupidly. Robert Reich is one of those men. Here is a man who was a Rhodes scholar, earned his J.D. from Yale, taught at Harvard, and served in three presidential…

0 Comments / 1504 View / May 19, 2015

milton-friedman

Why the ‘War on Drugs’ is an utter failure.

Cover image is from FiveThirtyEight.com One would think that the ‘War on Drugs’, a global militatistic, racist, sadistic, and totalitarian campaign promoting the prohibition of drugs and the destruction of drug supplies has been successful given that the US government alone has…

0 Comments / 138 View / May 10, 2015

NAO-Robot

Robots, Automation, and Computerization Will Kill Some Jobs, and That’s Not a Bad Thing

Originally posted March 12, 2015 “They took our jobs.” The takeover is not coming from those crossing the U.S.-Mexican border. Apparently, it’s the robots that are taking over human jobs. It sounds like something from a science fiction film, does…

0 Comments / 64 View / May 8, 2015

wac_1b

Is CEO pay unfairly high?

THE MISLEADING CLAIM: CEO pay keeps unfairly increasing! It’s 331 times larger than average worker pay!!! THE REALITY: Despite the common rhetoric regarding rich CEO’s supposedly getting richer and richer at the expense of average workers, did you know that…

2 Comments / 60 View / May 6, 2015

CommonCore

Common Core’s Failing Grade

It’s Common Core testing season for public schools, and many parents in my state of NY are opting their children out of the test. As a parent, taxpayer, and libertarian, I am against the program on several levels. Like many…

0 Comments / 23 View / April 30, 2015

victim card

Of all the voices saying “You can’t,” the loudest is the one in your head.

Social media has been ablaze with talk of the Baltimore riot. What I find astounding is the large number of Social Justice Warriors condoning or celebrating the acts of violence being committed by these rioters. Assuming that the Baltimore police…

0 Comments / 39 View / April 30, 2015